I had a personal experience if this late last year, with a small company, hackers demanding Bitcoin.
Kia Reportedly Under Ransomware Attack With $20M Demand
Kia could even have to pay over $30 million in bitcoin if it doesn't pay quickly enough. The automaker has alleged the hack didn't happen.www.motor1.com
Eventually the business was dying, called in the government who put company in touch with ‘government approved negotiators’ who’d already negotiated with these Ukraine based Russian hackers in the past. They ended up paying a sum for the release key. But the data was badly damaged by the encryption.
The negotiators then recommended security SW suite which cost an arm and a leg.
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