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The banks are now coming to terms with the view that it is cheaper to pay off criminals than risk ferocious cyber attacks on a high scale.
According to a cyber-security survey, 33% of UK companies are buying Bitcoin in anticipation of ransomware attacks. This comes after a Canadian university paid 20,000 Canadian dollars in Bitcoin for the encryption keys to their data this week.
ProtonMail, an open-sourced encrypted mail service founded by MIT and Stanford engineers at the CERN research facility, has suffered from a series of extremely powerful DDoS attack from unknown hackers
Cointelegraph stongly advises NOT to fulfill any email demands coming from scammers calling themselves the Syrian Electronic Army (SEA), a division of ISIS.
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