Technology Advisor Blog



Cryptocurrency 101

Posted by Ann Westerheim on 5/3/21 4:54 PM

Cryptocurrency is a term that we hear a lot, but for many of us, it remains a bit of a mystery.  We’ll take a look at it from a high level to provide some understanding.  Why? Well, it isn’t going away, and it only seems to be gaining popularity.  And also, because if you are a target of a ransomware attack, it could very likely be how the hacker demands payment. Now, we are not suggesting you pay that ransom demand - in fact, the US Department of the Treasury has issued warnings against paying -  but getting familiar with cryptocurrency will help you in understanding how these cybercriminals are able to fly under the radar.

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Tags: cybersecurity, ransomware, cryptocurrency, bitcoin





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