[2016-06-08] 57% of UK Businesses ‘Stockpile Bitcoin’ to Pay Hackers

[x13]

57% of UK Businesses ‘Stockpile Bitcoin’ to Pay Hackers

New research shows that up to 57% of UK businesses are stockpiling bitcoin to pay off cybercriminals in the event of a hack.
The surprising results, published by security firm Citrix this week, demonstrate the exposure businesses feel to online attacks – and that Bitcoin is widely considered as a solution.

https://news.bitcoin.com/57-uk-businesses-stockpile-bitcoin/

[BurtW]

57% BULLSHIT.  More like 0.57%

Most businesses do not know what Bitcoins are, what ransomware is, or would go to all the trouble of buying BTC just to hold them in case they get hit by something they do not care about.

If 57% of businesses were buying and holding BTC the price would be a lot higher than it is now.