Ransomware payments will be higher in 2021 than 2020. First half of 2021 alone accounts for $490 million. SARs alos reports $5 Billion transactions suspicious of ransomware. The blackmail of the crypto industry, the ransomware attacks upon payments if profusely on the rise. With many crypto wallets and blockchains are
Blockchains need a new level of protection against Ransomware. Storj has 13,000 storage nodes distributed globally. The blockchain storage system can protect critical data. Recently, Senate Judiciary Committee held a hearing on the epidemic of ransomware, hackers locking up data and making computer systems useless until they get paid a
The rise of technology together brings efficient ways for crime to flourish also. Amidst this, the rise of cryptocurrency gave even more efficient possibilities. Ever since the introduction of cryptocurrency to the world, most of the underworld dealings, illegal drugs trafficking, and especially cybercrimes all have been transacted through cryptocurrencies.
