Quote:
Originally Posted by Jimbuna
I'm not overly concerned for the financial institutions
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What you call "money", has no intrinsic value and is just unfunded borrower'S note. So is electronic checkbook "money" (=German: Giralgeld). When you want to pull some notes from the automat, and cannot, or the bank deposits of the banks have been dramatically reduced in a coup over night, or increased, and the imagined value of the remaining money gets additionally distorted by the shockwaves from these attacks -
then you will care all of a sudden, promised.
Becasue you will all of a sudden be unable to buy even a single loaf of bread if you do not have any cash money left at home anymore.
People think they live in a safe world with electronic money. The thinbking error could not be any greater. They aren't more safe, but desperately less. The damages from electronic and computer bank crime are outclassing that from cash robbery already. And the biggest plunderer is the state anyway.
Locky is haunting Germany currently. The famous Fraunhofer institute has dozens of systems being locked down. The criminals behind the attacks demand ransom to be paid in bitcoins.