Bitcoin is no longer the preferred payment method for hackers in ransomware attacks

The value of Bitcoin is so variable that even cybercriminals have stopped asking for bailouts in this digital currency. The cost of Bitcoin had declined a lot in the last month, causing many of those who invested at the beginning of December, when their value was rising, losing their investment. And it does not seem that the Bitcoin value will improve in the coming weeks.

bitcoin, Bitcoin is no longer the preferred payment method for hackers in ransomware attacks, Optocrypto

Cybercriminals have understood that asking for bailouts in this currency is not feasible at all. That is due to the high instability that the digital currency has presented in the last month. This digital currency is beginning to be adopted slowly unless you want to transform it into real money. So, with which you will have to spend some money at high rates for the conversion.

Many e-commerce companies do not accept this currency and others like this. That is moving away from it due to the recent volatility it has presented.

bitcoin, Bitcoin is no longer the preferred payment method for hackers in ransomware attacks, Optocrypto

How to do Bitcoins Mining on Android Smartphones

Proofpoint, a company of business security. That has shown in its latest report that in attacks with ransomware hackers are no longer asking for that currency to free their computer. But are asking for redemptions in local currency.

Ransomware is a malware that limits or restricts your access to certain parts of the affected system and asks for a ransom in exchange for the restriction disappearing. Recently, the bailouts were being requested in Bitcoin, but this has changed drastically in the last three weeks. Data from Proofpoint reveal that Bitcoin charges have fallen by 73% on the part of cybercriminals.

Reveal list of targets of Russian hackers during US elections

The main reason why cybercriminals collected their ransoms in Bitcoin. Also, it is because it is worth the same in any place in the world, which does not happen with local currencies. Likewise, for users affected by ransomware, it is easier to pay in your local money than to pay in Bitcoin. And this is why it seems that the charges in Bitcoin by ransomware are coming to an end.