PayPal Wins Patent for Ransomware Detection Solution

Global payment processing platform PayPal has been awarded a patent for a technique that can help with the timely detection and reduction of ransomware attacks. Ransomware attacks are a form of malware that takes over the victim's computer, locks up the files therein and demands a ransom before the files can be accessed again — often to be paid in cryptocurrency.

“Frequently, the malicious party will demand that the user pay him some amount of anonymous crypto-currency (e.g., BitCoin)...

What feeling does this article give you?

#hashtags to follow:

PayPal [+]    BitCoin [+]   

More #news: