Should businesses prepare for ransomware with a cryptocurrency stash? [Q&A]

An increasing number of enterprises are considering pre-purchasing cryptocurrency in anticipation of potential ransomware attacks. But is this a valid risk-reduction strategy for enterprises? To get some views on this controversial issue, we spoke with Mike Doran, senior security consultant with the enterprise incident management team at cybersecurity specialist Optiv, and former computer forensics examiner with the St. Louis Metropolitan Police Department. BN: Explain to us what you're seeing out in the real world relative to enterprises and cryptocurrency. MD: Ransomware has become so prevalent that it has become a standard part of the tabletop exercises we do with clients… [Continue Reading]