Weekly Threat Report 22nd December 2017

Ransomware fears cause companies to hoard Bitcoin

Companies are reportedly stockpiling cryptocurrencies to hedge against the possible need to pay off cyber criminals. Some firms are said to be investing in Bitcoin and Ethereum to ensure that they have cryptocurrency funds available if they are affected by a ransomware attack. A survey carried out earlier this year by Citrix found that 42% of companies surveyed were building cryptocurrency stockpiles for ransomware payments, with 28%…

Link: Weekly Threat Report 22nd December 2017
Source: NCSC Reports