Not long ago, a vicious computer virus wrestled control from some 400,00 computers across more than 160 countries in one of the worst international cyber attacks and computer infections. The virus blocked all access to programs, files, mainframes, and networks unless the computer’s owner(s) paid a ransom. The elicitable funds could only be paid via “Bitcoin.”
Bitcoin is online currency that is almost impossible to trace. The Bitcoin currency is traded for the purchase of a “ransom key.” Often, victims have paid the money only to not get the key to unlock their computers (or) systems, losing both their money and their data.