Tag: ransomeware

What’s the End Game for Cybercrimes and Ransomware Attacks?

Via Mercola

Story at-a-glance

  • Over the past few years, a number of organizations have warned that the world is facing growing danger from hackers and cybercriminals, and could be facing a cyberattack large enough to take down our society as a whole
  • In June 2020, the World Economic Forum (WEF) warned that the world must prepare for an “inevitable global cyberattack,” a “COVID-like global cyber pandemic that will spread faster and further than a biological virus, with an equal or greater economic impact”
  • In December 2021, a 10-nation exercise simulated a scenario in which a cyberattack brought down the financial system worldwide. Responses and solutions included emergency liquidity assistance to banks, a globally coordinated bank holiday (bank closure), debt repayment grace periods, and a “coordinated delinking from major currencies,” meaning bank balances in USD, GBP and EUR were eliminated and replaced with a central bank digital currency (CBDC). In case of a real cyberattack on the financial system, we can therefore expect this to happen
  • At the end of 2020, hackers accessed the SolarWinds supply chain by delivering a backdoor malware through an infected SolarWind Orion software update. The malware infected the networks, systems and data of more than 30,000 public and private organizations, including local, state and federal agencies. It’s thought to be the largest and most devastating cyber breach to date
  • The end game of all these organized cyberthreats is to eliminate anonymity on the web under the auspices of “preventing cybercrime,” and to impose extreme centralization of the internet for the purpose of information control

Over the past few years, several organizations have warned that the world is facing growing danger from hackers and cybercriminals and could be facing a cyberattack large enough to take down our society as a whole. An effective cyberattack could compromise any device and system connected to the internet, including but not limited to:

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