British Companies Buy Up Bitcoin for Ransoms

Here is upvote for BTC future

There has been a notable uptake in the buying of Bitcoin by some of the bigger companies and businesses in Britain as the fear of a ransomware attack still looms large.

Korean web hosting provider was forced to pay $1 mln in a ransomware demand to restore data from an attack which infected 3,400 separate websites.

Spanish telecom giant Telefonica faced an 85 percent computer shut down after hackers infiltrated its systems demanding $550,000 in Bitcoin
Andrew Beckett, head of cyber defense for corporate risk company Kroll, has said that the hackers are leading the way, and with Bitcoin, anonymity, the power of the Internet and a multitude of other factors, they hold all the card.