Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 08/06/2016, 19:14:58 UTC
Gentlemen, the reason behind the recent bitcoin pump can finally be shared Smiley

Companies Are Stockpiling Bitcoin to Pay Off Cybercriminals
Quote
A small survey by corporate networking company Citrix indicates that some IT professionals are even stockpiling bitcoins so they can pay up quickly in the event ransomware strikes their network. Out of 250 IT and security workers at U.K. companies with more than 250 employees, a third said they were stockpiling the currency. A researcher at Cornell recently tweeted that the university’s treasurer created an account with the Bitcoin exchange Coinbase so as to be ready if ransomware struck.
https://www.technologyreview.com/s/601643/companies-are-stockpiling-bitcoin-to-pay-off-cybercriminals/


Yeah right.....   This is one thing that they can do, but probably a better thing that they can do is to spend some money to improve the security and vulnerabilities of their computer systems.

I got an even better thing they could do: Call the jackbooted gubermint Jews, and explain how beetcoin criminals are stealing the shekels that rightfully belong in their secret Jew caves.
But hey, feel free call up those companies; share your valuable network security wisdomz.


You cannot be serious to actually believe that one news article (like the one you provided) reflects any kind of accurate rendition of various approaches that actual UK companies with more than 250 employees are actually taking in respects to preparing for possible ransom attacks and preventative measures as well? 

And, surely, once they are in fact attacked, they may have to reconsider how they are going to handle the actual attack when it converts from hypothetical to actual.
A survey of 250 IT and security workers at U.K. companies with more than 250 employees. Either a statistically meaningful sample, or it isn't. My personal beliefs are neither here nor there. It's a survey, not even a formal study, I can't begin to guess how accurate it is.
If you feel that ransomware isn't a a real threat, you're mistaken. It's real.

Actually, newbie, I mean Lambie, I agree with you regarding these last points.