Computer Virus Wreaks Havoc in Italian Administrations, Ransom Paid in Bitcoin
The computer systems of tens of local administrations in Italy have fallen to a "ransomware" computer virus that encrypts stored files and requests payment in Bitcoin for the decryption keys. The ransom is 400 Euros, and it doubles after three days. Also read: Surge in Ransomware Likely Due to Bitcoin. Administration officers at Bussoleno, a small town in Northern Italy, could only recover important files by acquiring Bitcoin and paying the ransom. According to a story posted to Reddit, this is the first time a nation state is forced to acquire Bitcoin. That is not entirely true, since the....
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