Report: 33% of UK companies stockpiles Bitcoin to pay for ransomware – willing to pay $72,000 or more

vbimport

#1

We’ve just posted the following news: Report: 33% of UK companies stockpiles Bitcoin to pay for ransomware – willing to pay $72,000 or more[newsimage]http://www.myce.com/wp-content/images_posts/2016/06/20012126753_de629c1ef1_k-95x75.jpg[/newsimage]

Researchers from IT company Citrix report that 33% of the companies they surveyed in the United Kingdom are building a stockpile of Bitcoins to pay the ransom in case their computers are infected by ransomware.

            Read the full article here: [http://www.myce.com/news/report-33-uk-companies-stockpiles-bitcoin-pay-ransomware-willing-pay-72000-79639/](http://www.myce.com/news/report-33-uk-companies-stockpiles-bitcoin-pay-ransomware-willing-pay-72000-79639/)

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#2

Oh great… Supporting ransomware by paying is going to help sooo much, NOT :eek:

This one goes out to all the companies who have stacked up BitCoins:
Are you out of your mind? Even if you get your files back which is by no means guaranteed, you are funding an illegal business and contributing to more scumbags creating ransomware as you tell the entire world that this is indeed a feasible busines-model to gain much money fast :doh:

Do you really think that this is the right thing to do? I can positively tell you it is not. In my view, the only thing this recent change in the IT security picture should tell you is to invest in equipment to install good backup and anti-malware systems, nothing else.

If you pay, you could potentially fund the next attack to infect you :rolleyes:


#3

Although I agree with Xercus, the argument is the same when it comes to paying ransoms for kidnapped employees and family members.

We all know that in such cases, companies and people look out for themselves. The fact, that paying the ransom supports and enables the criminal business model, is far less important to those directly affected by the ransom.


#4

[QUOTE=DrageMester;2775818]Although I agree with Xercus, the argument is the same when it comes to paying ransoms for kidnapped employees and family members.[/QUOTE]
I would rather we differentiate between human beings and data. I would support, like anyone else I guess, paying to get back my dear ones or employees, anyone else for that matter.

In this case however, we have had years with different malwares to prepare us for the current storm and installing systems to mitigate the problem.
I fear that a paying solution will only contribute to the rise of ‘the ransomware age’ and thus make it worse, much worse. :flower:


#5

You know, there’s a much cheaper defense against randsomeware: get some freaking hard drives and make frequent backups of your data. That way., you save a lot of time, you save money, and you get the peace of mind knowing that you’re not supporting a criminal empire.