Reply to post: Re: Light at the end of the tunnel? Oncoming train.

Yar, thar she blows: Corp-cash-stealing email whaling attacks now a $12.5bn industry

DJO Silver badge

Re: Light at the end of the tunnel? Oncoming train.

Cash is fine, a moderate black market can actually stimulate an economy, this sort of fraud doesn't work with cash and only benefits the criminals (who may well spend some and inadvertently provide some local financial stimulus) and is detrimental to the wider economy.

Anybody trying to anonymously move millions about is probably up to no good, possibly just tax evasion, maybe money laundering, quite likely proceeds of crime.

Someone in a oppressive regime who has millions to move is probably a member of that regime, the general populace will use the cash economy hence your argument is largely spurious.

POST COMMENT House rules

Not a member of The Register? Create a new account here.

  • Enter your comment

  • Add an icon

Anonymous cowards cannot choose their icon

Biting the hand that feeds IT © 1998–2021