I can’t believe that the recent reports of ransomware payments. Just a few years ago, I was helping clients who had failed to protect their infrastructure properly facilitate payment. In some cases, it was 1, 1/2, 1/10 of BitCoin.
With recent reports, ransomeware payments are up to $36k per incident – more than 4 BitCoins at todays price.
Wow. And just think that the money you spend on the BitCoins probably would have paid for a suitable back-up solution for your small to medium business – something that would help in a number of incidents, not to say have made a ransomware incident a bad day – far less than a potentially company ending event!