The Cyber Privateer Code (draft 02—updated on 6/28/2013):
- Any unauthorized attempt to access your computer or phish your data access privileges constitutes a crime punishable by the looting of the attacker's assets by an authorized cyber privateer. All assets. Within 6 months of the attack.
- If it is determined that the attacker is acting under explicit instructions from a larger organization or government, the assets of that organization or government are also forfeit to the extent that an authorized cyber privateer may confiscate them within a six month period of the original motivating attack. All assets.
- The individual whose assets were seized by a cyber privateer—or the publicly and legally designated spokesperson for the organization or government whose assets were seized by the cyber privateer—has the "right of parley" with the head of the cyber privateering organization, such meeting to take place online in a two-way video conference, such conference to be publicly recorded by one or both parties and before the disposition of the booty but no later than 10 days from the confiscation.
- Innocent victims whose assets are directly and mistakenly confiscated by cyber privateers (and whose funds are not returned within 10-days after the parley) shall be compensated in an amount equal to four times their loss, with interest accruing on the restitution amount at the rate of twelve percent per annum. This does not include victims of the cyber criminals, since they were already victimized.
- Notifications and requests for parley must be unambiguously left by the cyber privateer so as to allow the right of parley to be exercised in a timely fashion.
*These rules would of course lead to the worlds end in any significant conflict, imo. But it would certainly be fun for a minute.
Many of us foresaw this (and much worse) when we first heard about Bitcoin in 2009-2011. Yes, Bitcoin has its anonymity issues, but cryptocurrencies in general is what typically enables this kind of crime.
Caesars Entertainment Inc. paid tens of millions of dollars to hackers who broke into the company’s systems in recent weeks and threatened to release the company’s data, according to two people familiar with the matter.
Hacking gangs typically ask to be paid in cryptocurrency if they demand a ransom.
I don't want to live in a world with 100% anonymous and untraceable payments.
> I don't want to live in a world with 100% anonymous and untraceable payments.
Cash is equally as capable of this, though. The hackers in this situation could demand cash and practically nothing would change about the technical aspects of their attack.
They would have to travel from e.g. Russia to Las Vegas to pick up the cash though. Or, I suppose, demand delivery of cash to Russia, or some other place. Whichever way, it's a lot easier for law enforcement. Suddenly a particular country is responsible.
Nah. Maybe $1000 bucks here or there, but you're not moving 8.1 million in paper money easily. And that money has to be laundered. Plus bills are traceable by number, and will often have markers on them. And they have to move, by hand, truck, package, etc., which means they can be found, often with little technical skill -- rando customs guy decides to open a box using the cutting edge tech of a letter opener.
BTC makes dealing with all of that a (potentially automated) bash one-liner.
Edit: I found it. It looks more professionally edited and lengthy than when I first came across it in 2010(!).
Link: https://www.themorgandoctrine.com/2010/11/draft-01-cyber-pri...
The Cyber Privateer Code (draft 02—updated on 6/28/2013): - Any unauthorized attempt to access your computer or phish your data access privileges constitutes a crime punishable by the looting of the attacker's assets by an authorized cyber privateer. All assets. Within 6 months of the attack.
- If it is determined that the attacker is acting under explicit instructions from a larger organization or government, the assets of that organization or government are also forfeit to the extent that an authorized cyber privateer may confiscate them within a six month period of the original motivating attack. All assets.
- The individual whose assets were seized by a cyber privateer—or the publicly and legally designated spokesperson for the organization or government whose assets were seized by the cyber privateer—has the "right of parley" with the head of the cyber privateering organization, such meeting to take place online in a two-way video conference, such conference to be publicly recorded by one or both parties and before the disposition of the booty but no later than 10 days from the confiscation.
- Innocent victims whose assets are directly and mistakenly confiscated by cyber privateers (and whose funds are not returned within 10-days after the parley) shall be compensated in an amount equal to four times their loss, with interest accruing on the restitution amount at the rate of twelve percent per annum. This does not include victims of the cyber criminals, since they were already victimized.
- Notifications and requests for parley must be unambiguously left by the cyber privateer so as to allow the right of parley to be exercised in a timely fashion.
*These rules would of course lead to the worlds end in any significant conflict, imo. But it would certainly be fun for a minute.