Sunday, August 2, 2020

Why Hackers Are Demanding $4.5 Million in Bitcoin From a Travel Firm | NewsBTC

Last week it emerged that travel management firm CWT paid a ransom demand of $4.5 million in Bitcoin. Initially, hackers had demanded $10 million to release the fix, saying this is likely cheaper than the legal action that would ensue if their demands aren't met, not to mention the cost of the damage to the firm's reputation.

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