Josh Jacobson | Source | Director, Professional Services at HackerOne

Josh notes, “Ransomware groups' 'customer service' has diminished, making it cheaper and easier for organizations to absorb the damage and start over.” He adds that while a ban on ransomware payments could reduce attacks, it might also criminalize victims in critical situations, like hospitals.

Josh explains, “Digital wallets are not inherently more secure than other payment methods. The key is robust implementation.” He highlights that major providers like Google Pay use tokenization, where each transaction uses a unique code, adding a layer of security.

Josh explains, “The key factor lies in the implementation of the technology. Both digital wallets and traditional key cards can be secure if the underlying measures are robust.” He emphasizes that tokenization in Google Pay adds security, but without robust mechanisms, digital wallets may not significantly outperform traditional key cards.