The $600 million hack of the “decentralized” Poly Network should alert regulators due not to the size of the theft but, rather, to what the stakeholders did after the incident.
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Lawfare’s biweekly roundup of U.S.-China technology policy and national security news.
American law enforcement efforts have become increasingly multifaceted as the government attempts to combat the continuing ingenuity and sophistication of transnational organized criminal groups. Since the publication of the first post in this series, the U.S. government has announced several significant actions taken against transnational organized crime groups.
On March 22, Atlanta’s city government was hit with a ransomware attack, with hackers demanding six bitcoins in exchange for releasing the data. At the time of writing this, that’s a demand for roughly $41,880.