Chapter 8

Payment

Yesterday’s price is not today’s price!

—Fat Joe

Learning Objectives

  • Know the risks and potential outcomes associated with ransom payments

  • Gain familiarity with key regulatory issues surrounding ransom payments that can place victims in legal jeopardy and at risk of government enforcement actions

  • Understand the cryptocurrency payment process, including the strategy, timeline, and typical steps

  • Learn how to gain access to large volumes of cryptocurrency quickly, and coordinate with third parties to ensure a smooth payment process

In the fictional worlds of television and movies, paying a digital ransom seems easy. Ask the criminals for their account number, open a payment app, press “Send,” and watch while the bad guys confirm ...

Get Ransomware and Cyber Extortion: Response and Prevention now with the O’Reilly learning platform.

O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.