Some CNC machine shop leaders have had an education in Bitcoin digital currency, but for the wrong reason: They have been forced to pay ransom online for sensitive data that had essentially been held hostage by hackers.
An anecdote about one of these incidents was shared with me by Olson Custom Designs, a shop specializing in defense-industry contracts. Although the company’s own data security has never been compromised (at least not to anyone’s knowledge), it has heeded the lessons of incidents experienced first-hand by team members at their past employers. The ransomware story is just one example.