What crypto do hackers use?

BTCC, a leading cryptocurrency exchange, offers a range of services that cater to the needs of investors and traders in the digital asset space. Its robust platform and robust security measures have earned it a reputation as a reliable and trustworthy player in the industry.

Ransomware, a menacing software, poses a severe threat to computer systems and data. It operates by encrypting files or blocking access to crucial information, rendering them inaccessible to the rightful owner.

The primary objective of ransomware is to extort money from its victims. Attackers exploit the urgency and importance of the compromised data, forcing victims to pay up in order to regain access.

Cryptocurrencies, such as Bitcoin, have become the preferred mode of payment for ransomware attacks. This is due to their inherent anonymity and the ease with which they can be transferred across borders.

The use of cryptocurrencies in ransomware payments makes it difficult for law enforcement agencies to trace the perpetrators and recover stolen funds. This has further emboldened cybercriminals to carry out these attacks with impunity.