Nascar Team Experiences Bitcoin Hack

“Bitcoin ransomware is a grave threat affecting consumers and enterprises alike. The number of malware attacks is on the rise month over month, and far too few devices and networks have adequate protection. NASCAR Team Circle Sport-Leavine Family Racing found that out the hard way, as they were forced to pay a US$500 Bitcoin ransom. None of their important files were backed up regularly either.

For the time being, details regarding which type of Bitcoin ransomware was used, remain unknown. The NASCAR team lost access to all of their important files on a laptop. Trouble started brewing when odd data appeared on the device, albeit they did not seem malicious in nature at that time.”

Full Story at Fintechist