I see a Russian RAAS (ransomware-as-a-service) cybercrime group has filed an SEC complaint against one of their victims for failing to publicly disclose a data breach.

One of the things I’m most worried about for later part of 21st century, isn’t climate change or AI, or WW3, it’s that organised crime is the real exponential threat.

The Cartels are operating intercontinental submarines, and Russian cybercriminals are co-opting federal agencies.

Collective blackmail by enemy states is the basis of mutually assured destruction, but not sure how collective blackmail will pan out with transnational criminals?

How do you cope with a “we will release our virus” type of blackmail, if the attack surface is as small as a crime group? Not good.

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Very true.

> intercontinental submarines

Are you talking about the drug runners that sail from Colombia to Florida? Technically correct but a bit overstated. These are glorified sumbersible canoes...

Glorified canoes?

Here’s one that’s 100ft long and has a displacement of 200 tons. It has a range of 5,000 km.

It can carry 8,000,000 grams of cocaine at $100 per gram.

This one sub generates maybe $5bn of profit per year. For comparison Amazon Inc generates $4.3 bn of profit last year.

Yeah, it’s a problem.

lol wow I was obviously under the wrong impression. Thx for correcting me 🙏

it does look like a canoe tho :-p

What is the problem? That's a victimless crime

If it circumvents the murder happy cartels in Mexico it might be a net good.

The cartels are everywhere, they just keep their extorting the people that flee into the states and Canada.

oh those poor Americans, what will they do?