It's been used for illicit dark web drug deals, it may well be the future of banking, and it's driving speculators on a wild ride — bitcoin is many things to many people. For an increasing number, however, the cryptocurrency is a tool for extortion.
Bitcoin has been used before in ransomware — a type of malware that restricts computer access unless a ransom is paid — but a new report from cyber intelligence firm Recorded Future details how criminals are increasingly turning to bitcoin as a means of payment for another kind of attacks.
"The adoption of bitcoin within the cyber extortion landscape is going to continue to grow," Tyler Bradshaw, the solutions engineer behind the report, told CNBC.
http://www.cnbc.com/2015/12/09/cyber-attackers-using-bitcoin-despite-traceability.html