Tools of the trade, both old and new.
From our “Nothing New Under the Sun” Department: the
protection racket.
Back in the day, local hoodlums and hooligans would prey on
store owners. Smash a window or start a fire. Demand money to
protect against window smashers and firebugs.
Conducting that kind of business is risky. And it’s
labor intensive. Not only that, but this is the age of globalization and
national retailers.
So the hoods and hooligans can’t try this at, say, Wal-Mart
(most of them don’t have windows anyway) or Macy’s where you have to make
appointments with district or regional managers if you want to sell anything --
even unbroken windows. And whomever you need to see will always be “in a
meeting” or “in the field.”
Today’s protection rackets are run from the basements of
computer geeks holed up in mommy’s basement in Bulgaria. Theft of service
and ransomware attacks take no street hooligans. And a lot of the time mommy
doesn’t even know what’s going on in her basement.
“Oh, my little son Stoyan. He’s only 43. Came to live at
home and all he does is sit in the basement and play video games.”
Well no, mama. He’s not exactly playing video games.
He’s collecting bitcoins and other cyber currency. How do you think he
can afford that Benz he drives and by the way, why is he behind in the rent?
The protection racket has gone international. As far
as we know the ransomware is always incoming and the bitcoins outgoing. But
then, if little Jimmy from Aniston, Alabama is in his mommy’s basement
playing ransomware games, his mommy isn’t aware, and neither is the Associated
Press nor Cyberbully Digest (dot-com?)
Through some accident of good luck, US officials figured out
and stopped the ransomware attack that temporarily disabled the Colonial
Pipeline and drove gasoline prices through the roof all up and down the eastern
seaboard. But that kind of good luck doesn’t come with every incident.
And the hackers are usually more advanced than the highly
educated software engineers who put up websites they think they have safety
tested but who can’t read their own coding.
So… criminality has come a long way since Izzy opened his
bagel bakery in the Bronx and the locals came a-visiting with sledgehammers and
cans of gasoline.
Advice to the hoods and hooligans of cyberspace: Buy a
beater, not a Benz. And pay the rent to mommy on time and in cash.
I’m Wes Richards. My opinions are my own but you’re welcome
to them. ®
Any Questions? Wes Richards@gmail.com
© WR 2021
Tools of the trade, both old and new.
From our “Nothing New Under the Sun” Department: the
protection racket.
Back in the day, local hoodlums and hooligans would prey on
store owners. Smash a window or start a fire. Demand money to
protect against window smashers and firebugs.
Conducting that kind of business is risky. And it’s
labor intensive. Not only that, but this is the age of globalization and
national retailers.
So the hoods and hooligans can’t try this at, say, Wal-Mart
(most of them don’t have windows anyway) or Macy’s where you have to make
appointments with district or regional managers if you want to sell anything --
even unbroken windows. And whomever you need to see will always be “in a
meeting” or “in the field.”
Today’s protection rackets are run from the basements of
computer geeks holed up in mommy’s basement in Bulgaria. Theft of service
and ransomware attacks take no street hooligans. And a lot of the time mommy
doesn’t even know what’s going on in her basement.
“Oh, my little son Stoyan. He’s only 43. Came to live at
home and all he does is sit in the basement and play video games.”
Well no, mama. He’s not exactly playing video games.
He’s collecting bitcoins and other cyber currency. How do you think he
can afford that Benz he drives and by the way, why is he behind in the rent?
The protection racket has gone international. As far
as we know the ransomware is always incoming and the bitcoins outgoing. But
then, if little Jimmy from Aniston, Alabama is in his mommy’s basement
playing ransomware games, his mommy isn’t aware, and neither is the Associated
Press nor Cyberbully Digest (dot-com?)
Through some accident of good luck, US officials figured out
and stopped the ransomware attack that temporarily disabled the Colonial
Pipeline and drove gasoline prices through the roof all up and down the eastern
seaboard. But that kind of good luck doesn’t come with every incident.
And the hackers are usually more advanced than the highly
educated software engineers who put up websites they think they have safety
tested but who can’t read their own coding.
So… criminality has come a long way since Izzy opened his
bagel bakery in the Bronx and the locals came a-visiting with sledgehammers and
cans of gasoline.
Advice to the hoods and hooligans of cyberspace: Buy a
beater, not a Benz. And pay the rent to mommy on time and in cash.
I’m Wes Richards. My opinions are my own but you’re welcome
to them. ®
Any Questions? Wes Richards@gmail.com
© WR 2021