Post
Topic
Board Bitcoin Discussion
Re: Canadian university buckles and pays $20k in bitcoin to hackers
by
greyhawk
on 09/06/2016, 15:46:31 UTC
This yet again... Reminds me that thread with the article saying companies are stocking up on Bitcoin to pay for data rescue to attackers. If people had backups, there would be no need to fund hackers this way and they would simply stop. If companies/schools can afford to pay this amount of money to hackers and/or "stockpile" with Bitcoin, they can afford trained staff that can secure their network and keep daily backups. Hard drives are also quite inexpensive comparing to paying attackers... But it's their money, so they do whatever they want Roll Eyes It seems people prefer to be sorry than safe. Wish I had large pockets like this University Roll Eyes

Ransomware will encrypt the backups too if it can. If the backups are stored on a server or network drive they are toast. Best way is to backup using tapes, which few organizations do in the age of the cloud.