Cybersecurity expert John Sweeney from LogicForce explained to Business Insider that law firms are opening Bitcoin wallets and stockpiling some of the currency now, in case they need to pay ransoms in the future.

From Business Insider

Law firms are preemptively opening Bitcoin wallets to pay ransoms

“The firms doing this are smarter,” said Sweeney, and are looking to take “conscientious” proactive, rather than reactive, steps. Sweeney stressed he did not generally advocate paying ransoms, but said it “makes sense” for firms to have a Bitcoin wallet to hand. “I certainly don’t see it as a bad move,” he said.

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