How Bitcoin helped fuel an explosion in ransomware attacks | ZDNet


More often than not, hackers will demand a ransom payment be made in Bitcoin

Image: Proofpoint

Ransomware is booming. Be it Locky, CryptXXX or one of the countless other variants of the data-encrypting malware, cybercriminals are making hundreds of thousands of dollars every month off the back of swathes of infected victims each paying a few hundred dollars each to get access to their files back.

Cybersecurity researchers have warned that ransomware represents the most problematic cyber-threat. The most infamous ransomware attack this year took place at the Hollywood Presbyterian Medical Center,

Read more ... source: TheBitcoinNews

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