The
virus is called a ransomware because it holds a computer hostage until a ransom
is paid. “WannaCry” victims are demanding $300 in bitcoin payments to unlock
the files within the computer and after some time the price goes up to $600.
Why Hackers
demand Bitcoins?
Bitcoin has certainly gained prominence in the press as a technology that can facilitate crime. But just because the identities of people in a bitcoin transaction may be hidden, the public ledger has increasingly helped law enforcement trace the movement of bitcoins from place to place. Follow us for more information…
