Bitcoin Bitcoin's fluctuations are too much for even ransomware cybercriminals Malware developers have had to demand ransoms in local currencies as they attempt to not price their targets out Cybercriminals are now more likely to simply ask for a figure in US dollars than specify a sum of bitcoin. Photograph: Dado Ruvic/ReutersBitcoin’s price swings are so huge that even ransomware developers are dialling back their reliance on the currency, according to researchers at cybersecurity firm Proofpoint. Just like conventional salespeople, ransomware developers pay careful attention to the prices they charge. But a rapidly oscillating bitcoin price plays havoc with those goals, Proofpoint says. But they are a challenge for anyone who tries to price their product or service in bitcoin — threat actors included.

Source: The Guardian January 18, 2018 14:15 UTC