Ransomware Concerns Prompt Some UK Businesses to Buy Bitcoins, Survey Finds

Ransomware Concerns Prompt Some UK Businesses to Buy Bitcoins, Survey Finds

A number of companies in the UK are stockpiling bitcoins in the event of a ransomware infection, according to a recent survey of 250 information technology specialists in the country. Data security firm Citrix released the results of a survey it conducted with public relations firm Censuswide, which suggested that ransomware – malware that encrypts up a computer’s files until a ransom is paid (usually in bitcoin) to unlock the data – is a prevailing concern among some companies in the UK. Thirty-three percent of those surveyed said their companies maintain a stash of bitcoin just in case.....


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