Cryptocurrency is one of the more interesting technological innovations that has been introduced over the past 15 years.
The rise of cryptocurrency has changed finance, but it has also provided cybercriminals with a powerful tool to monetize their illicit activities, primarily through ransomware. Ransomware is a form of malware that encrypts a victim's files, extorting payment in cryptocurrency—usually Bitcoin—in exchange for the decryption key. Understanding why criminals favor this digital asset and what businesses can do is essential for modern defense.