UK businesses prepare for ransomware attacks by buying Bitcoin

British businesses are ready to pay as much as £136,000 to get their files back after a ransomware attack. This is according to a new report by Citrix and One Poll, based on a poll of 500 IT decision makers at UK companies with 250 or more employees. The report says these new figures are four times higher than 12 months ago, highlighting the growth of ransomware risk among businesses on the Island. Not only are they willing to pay, but they are also stockpiling Bitcoin so that they can respond quicker in case of an emergency. Every third British large enterprise has… [Continue Reading]