May

182017

NBC News: Companies Stockpiling Bitcoin in Anticipation of Ransomware Attacks

Insights from Citrix technical security expert, Florin Lazurca about companies stockpiling Bitcoin in anticipation of ransomware attacks

NBC News featured an article about ransomware, given the massive attack, called WannaCry. Citrix security technical marketing manager, Florin Lazurca, is the first source cited in the article giving background on Bitcoin as a popular digital currency for hackers.

The article also cites a recent ransomware study done by Citrix in the U.K. He notes the study found that, "about a third of British companies in 2016 retained a cache of digital monies as part of a strategy to regain access to important intellectual property or business critical data."

To read the full article, please visit NBCNews.com