Articles

Scott Koller Authors Article about Bitcoin's Influence on Growth of Ransomware

Articles / October 9, 2017

Counsel Scott Koller authored an article published Oct. 2, 2017, by Law Journal Newsletters. The article, “Bitcoin is Fueling the Ransomware Epidemic,” traces how the rapid rise of ransomware is linked to the growth of bitcoin, which provides a reliable and anonymous way to monetize ransomware. Koller suggests several proactive security measures companies can take to deter ransomware and concludes:

As long as there is a financial incentive, criminal elements will continue to develop, improve and distribute ransomware. However, with proper planning and preparation, you can reduce the likelihood of a ransomware infection and minimize the impact on your business operations.

Read the article (registration required).

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