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Re: Thoughts: paying hackers to get accounts back: ethical or not?
by
MainIbem
on 18/12/2018, 08:10:06 UTC
hopefully low enough not to encourage hacking accounts for the bounty, and non-negotiable ("take it or leave it").


I think you already answered your own question. This will most definitely lead to more account hacks and even though you mentioned you would keep it a fixed fee, it could also lead to higher ranked accounts(even if we use new passwords every so often to help prevent hacks) being targets for a higher ransom/reward/bounty.
I was just about to post this same line of thought. This offer will lead to an explosion of account theft. Just think of it, If I can steal 4 accounts per day, and willing to accept the $25 for recovery, then I get $100/ day. Cool deal  Grin Grin Grin

As good as the steps are, it is rather an incentive for account theft than a solution. IMO