Companies held to ransom as software hacked | Bangkok Post: news - News Summed Up

Companies held to ransom as software hacked | Bangkok Post: news


When hacked, the computer system of the targeted company normally becomes inaccessible, he said. That is when the hacker normally contacts the administrator and demands a ransom payment," he said. The hacker normally demands the ransom to be paid in bitcoin currency in which 1 bitcoin is currently equivalent to about 55,000 baht. Microsoft Word and Microsoft Excel are among the most common types of computer software hacked in recent cases, he said, adding the US Federal Bureau of Investigation has advised against paying ransoms as it only encourages the crooks. Mr Somsak, however, admitted the incident had damaged the company, as it took time to write a new version of the software hacked.


Source: Bangkok Post May 07, 2017 22:18 UTC



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