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[return to "UN Cybercrime Convention to Overrule Bank Secrecy"]
1. firest+5o[view] [source] 2024-08-12 10:11:57
>>janand+(OP)
I find it hard to believe that Russia and China originated this idea in 2017.

Most ransomware gangs are believed to operate from countries with limited or non-existent extradition agreements with Western nations, making it difficult for law enforcement to apprehend them. Some of the countries where these gangs are thought to be based include:

Russia: Many of the most notorious ransomware groups are believed to operate out of Russia. The country is often seen as a safe haven for cybercriminals due to the lack of cooperation with Western law enforcement and the protection of criminals who avoid targeting Russian entities.

Eastern Europe: Several ransomware gangs are also thought to be based in other Eastern European countries, such as Ukraine and Belarus. These regions have a history of cybercriminal activity, partly due to their technical expertise and the geopolitical environment.

Iran: There are also reports of ransomware gangs operating out of Iran, often with links to state-sponsored activities.

North Korea: North Korea has been linked to several high-profile ransomware attacks, and it is believed that the regime uses ransomware as a means of generating revenue.

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2. CTDOCo+yo[view] [source] 2024-08-12 10:18:56
>>firest+5o
It's probably to stop capital flight.

At some point the corporate espionage/sabotage and whatever sales taxes they get from funds stolen abroad is worth less than the potential earnings of money leaving the country.

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