Fareed: Cryptocurrency’s anonymity is helping criminal ransomware attacks

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  • CNN published this video item, entitled “Fareed: Cryptocurrency’s anonymity is helping criminal ransomware attacks” – below is their description.

    CNN’s Fareed Zakaria says the anonymity of cryptocurrencies is helping criminals execute ransomware attacks and wonders why countries should continue to allow crypotcurrencies to operate in secret.

    #FareedZakaria #Cryptocurrencies #CNNBusiness

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    In This Story: Cryptocurrency

    A cryptocurrency, crypto-currency, or crypto is a digital asset designed to work as a medium of exchange wherein individual coin ownership records are stored in a ledger existing in a form of a computerized database using strong cryptography to secure transaction records, to control the creation of additional coins, and to verify the transfer of coin ownership.

    Bitcoin is the first decentralized cryptocurrency. Since the release of bitcoin, other cryptocurrencies have been created.

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  • In This Story: Fareed Zakaria

    Fareed Rafiq Zakaria is an Indian-American journalist, political scientist, and author. He is the host of CNN’s Fareed Zakaria GPS and writes a weekly paid column for The Washington Post. He has been a columnist for Newsweek, editor of Newsweek International, and an editor at large of Time.

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