According to ComputerWeekly.com, large UK firms are prepared to pay out more than £136,000 on average to cyber criminals who launch ransomware attacks, after building stockpiles of bitcoin. A survey, commissioned by secure connectivity firm Citrix, also shows that more than two-fifths are stockpiling bitcoins in case of a ransomware attack, compared with a third a year ago. The 2016 research revealed that one-fifth (20%) of companies with 250-500 employees did not have any contingency measures in place in case of a ransomware attack, however this has fallen to just 7% in 2017. Read the full story here.

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