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Of crypto-crime. >> we will work in a coordinated and collaborative fashion with partners here in the united states and more broadly all around the globe to root out those who seek to exploit the cryptocurrency markets, those who seek to find safe haven in countries, whether russia, china, whether they are places in europe, and that there's no place that is beyond the reach of u.s. law enforcement and our partners. >> what's so interesting is a lot of people think of cryptocurrency as this anonymous tool that can be used by criminals. actually, the fbi has learned to trace it. they can watch c...

Attacks came along. the white house department of transportationed new rules. if you want to sell to the federal government, you have to meet certain cybersecurity standards. your software needs to be tested and so forth. and the idea is that anybody who didn't meet the federal government's standards and couldn't sell to the federal government would have a hard time selling to the private sector. it was a way to put that pressure on. the next big pressure, i think, this is going to come on the use of cryptocurrencies. right now they are pretty unregulated. we could have a cryptocurrency exchan...

Quickly on the currency here. cryptocurrency being used for this. there's always a joke, this seems to be a use case, which seems kind of problematic. i don't have strong opinions either way, but seems like it. >> yeah, cryptocurrencies have really fueled ransomware attacks. there's no question about it. ten years ago when i was covering ransomware attacks they were charging people $200 and they would tell them to buy a prepaid debit card and tell them to hand over the bin. now we're seeing cryptocurrency. one of the things being discussed right now is, why don't governments enforce know thy c...

Perlroth, security reporter for the new york times will. she joins me now. quickly on the currency here. cryptocurrency is being used for this. there's always a joke about it, it's like a currency in search of a use case. this seems to be a use case which seems kind of problematic. i don't have strong apart pinion's either way. >> yeah, cryptocurrencies have really field ransomware attacks. there's no question about it. ten years ago when i was covering ransomware attacks, they were charging people $200 and they would tell them to go by a prepaid debit card and handover the pin to it. now we'r...