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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.
Cointelegraph stongly advises NOT to fulfill any email demands coming from scammers calling themselves the Syrian Electronic Army (SEA), a division of ISIS.
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
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