How much do hackers demand, and why in Bitcoin?


SUBMITTED BY: EKA

DATE: May 16, 2017, 10:22 p.m.

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  1. How much do hackers demand, and why in Bitcoin?
  2. Ransomware often demands between 0.3 and 1 Bitcoins (£400 - 1,375), but can demand a payment denominated in dollars but made via Bitcoin.
  3. The digital currency is popular among cybercriminals because it is decentralised, unregulated and practically impossible to trace.
  4. Although it may seem like a small amount to charge, the ransomware attacks are often widely distributed, so the ransom payments can stack up.

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