Published on May 18th, 2017 | by bitcoin0
Bitcoin the key to unlock ransom-ware attacks
In the age of cyber threats, companies are stockpiling digital currency in preparation of future “ransomware” attacks — which have grown exponentially over the past few years.
Now many companies are maintaining a stash of the digital cash because of the rise of ransomware, according to cybersecurity experts and firms.
A diverse group of British companies were asked whether they stockpiled digital currency in case of a ransomware attack.
A third admitted that they did, although midsize companies were more likely to maintain stores of the cybercash.
Nevertheless, many companies still feel compelled to keep Bitcoin on hand in case of future ransomware attacks.