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Spooked by spike in cyber extortion, businesses are stockpiling bitcoin for payoffs

Spooked by spike in cyber extortion, businesses are stockpiling bitcoin for payoffs

February 21, 2017


Filed under Business, Technology

By Tim Johnson McClatchy Washington Bureau (TNS) SAN FRANCISCO — U.S. corporations that have long resisted bending to the demands of computer hackers who take their networks hostage are increasingly stockpiling bitcoin, the digital currency, so that they can quickly meet ransom demands rather than los...

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cybersecurity