Companies Are Stockpiling Bitcoin to Pay Off Cybercriminals

[franky1]

it is shamful because fiat has been used by criminals for years and i dont here anyone complaining about that.....

anyone can twist a story. that can contain some half truths.. but mostly exaggerations to make it sound interesting.
here is one.
headline: bitcoin used for terrorism
terror is the act of using force, torture or intimidation to leave people feeling terrified.
recently US Marshals had a hoard of bitcoins which they subsequently used to fund their training, weapons and court costs to be able to go and terrorize citizens threatening them with weapons to open the door or they will kick it down. removing peoples property. many people can easily admit if they heard a banging at a door from guys with guns threatening to break the door down they would be terrified. and this has been funded by bitcoins.

[DimensionZ]

Damn how hard would it be to hire an IT professional who would be doing a daily backup of the company's vital data on a dedicated server? Surely a couple of hard drives and an average salary would be cheaper than a huge random ransom out of the blue one day right? I think companies should up their cyber security and not waste resources on paying criminals in the first place. How can companies with so much capital fall victims to ransomware attacks? Is it just negligence form their side or the hackers are just that good nowadays?

[StraightAArdvark]

Damn how hard would it be to hire an IT professional who would be doing a daily backup of the company's vital data on a dedicated server? Surely a couple of hard drives and an average salary would be cheaper than a huge random ransom out of the blue one day right? I think companies should up their cyber security and not waste resources on paying criminals in the first place. How can companies with so much capital fall victims to ransomware attacks? Is it just negligence form their side or the hackers are just that good nowadays?

Why not share your vast IT sec expertise with these companies? I'm sure they'll appreciate it

it is shamful because fiat has been used by criminals for years and i dont here anyone complaining about that.....

Sure you did, Friend, sure you did. Regular folk just don't call it called fiat, they call it "money."
All them crime dramas on the telly about bank robbers and meth cooks? Yeah, those are about fiat.

[rizzlarolla]

I'm hoarding some nice weed, for my friend who may visit one day. My friend is a criminal.
It's not for me.

Can In get tax relief on that? Hope my bank manager wont mind.