I'd really like to see/hear/read a breakdown of some of related issues from some experts. Even on HN it's the same knee-jerk reactions every time one of these stories hit. This is one of the most pressing technology issues of this moment and the discourse just sucks. * Does banning ransom payments do anything? Good idea/bad idea? Historical analogues? * Do we need to pay rewards to cyber privateers to take down cyber…
As an alternative question, how much is this worth stopping? As how much is being spent on these payments overall each year? How would that compare to the massive IT fortification project people are demanding? We don't meaningfully fight bike theft for this reason. The cost of doing so relative to the benefits is just too high. We can debate whether that is reasonable, but that is essentially what has been decided as…
And this erodes trust in society and rule of law, and gradually leads to vigilantism, privatization of security, and segregation due to middle-class flight from high-crime areas.