Ransom payment refers to the money or compensation given to a person or group who has kidnapped someone. It is the amount of money that the kidnappers demand in exchange for the release of the kidnapped person. Full definition
Recently, reports surfaced that, for the first time, Bcash is being accepted as a form of ransom payment by ransomware — intrusive software, which encrypts victims files and demands payment in return. (links2exchange.net)
The «mining» started five days after the cyberattack, which locked tens of thousands of computer and data files for ransom payments in bitcoin. (cnbc.com)
Due to the fact that seasoned investigators can follow the money via the blockchain when bitcoin is used, cybercriminals are now using new «privacy coins» instead for ransom payments or the purchase of illegal goods. (bitcoinmining.shop)