the-roles-of-cryptocurrencies-such-as-bitcoin-in-the-growth-of-cyber-extortion-involving-ransomware

Min 1600 words.The roles of cryptocurrencies such as bitcoin in the growth of cyber-extortion involving ransomware.Your paper is expected to cover the following:Recent growth in ransomware and cyber-extortion with some examplesWhy cyber-extortionists demand that ransom be paid by cryptocurrencies such as bitcoinWhat types of victims are likely to comply with cyber-extortionists demand to pay ransom with bitcoin?Assume that you are the CEO of a bank. All of your bank’s files have been encrypted by cybercriminals. You received an email from the cybercriminals that they will decrypt the files only if you pay $30,000 by bitcoins. How would you respond? WhyYour analysis is expected to be about 1,600 words in length excluding the references. Please cite all the sources of your information..