What is Ransomware and Bitcoin?

What is Ransomware:

Ransomware: Malicious malware that encrypts the server program and data files. It then displays a message on the screen demanding ransom to be paid in Bitcoin to an overseas account. Upon receipt of the ransom money, you receive an unlocking code to decrypt your files. You are warned that if nothing is done within 7 to 30 days, files will be lost forever.

$$$: How much will you be willing to pay to get your files back? What to do if you were attacked? How long can your enterprise survive without your business management software?

We were personally hit by the CryptoLocker Trojan two years ago, it is very difficult to recognize and our antivirus software did not pick it up, it came in the form of and email with an attachment. Once the email is opened the infection starts and all our Word, Excel, Pictures and accounting software were infected and ransom notes left in each of the program folders. This is offshore mafia as my IT consultant told me, the only solution we had was to wipe the computer clean and reinstall all the operating software and restore from backups. For the accounting software thankfully we have been using Divinsa Wholesale online backup for the last 10 years and were able to restore our accounting data, but it was really a pain.

Fend Off Ransomware: