Photo: BloombergLondon: Behind the rise of ransomware lies the rise of Bitcoin, the virtual currency of choice for hacker blackmailers who steal huge amounts of sensitive data. That doesn’t mean Bitcoin is inherently to blame, but it does suggest that business has a Bitcoin problem. But if you fall prey to a ransomware attack, there aren’t many options, especially if you have no data backup. ALSO READ : Ransomware threat: Govt issues webcast to spread awarenessWhile Europol says “remarkably few” payments have been made in response to WannaCry, recent data suggest ransomware attacks are soaring—as is their cost. The first half of 2016 saw a doubling of ransomware attacks versus all of 2015, according to specialist insurer Beazley Plc.

Source: Mint May 15, 2017 14:37 UTC