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IBM Security Expert talks about Ransomware attacks

IBM Security Expert talks about Ransomware attacks 


0:58 – The recent ransomware attack on the Hollywood Presbyterian Medical Center has been in the news of late. Can you share with our listeners a little more of what actually happened?

04:54 – This medical facility decided to pay 40 bitcoins — or about $17,000 — to the cyber criminal to end this attack. As a security expert, do you recommend that organizations take this way out in the event of a ransomware attack?

07:52 – The online currency – Bitcoins is hard to trace and is becoming the preferred way for hackers to collect a ransom. Is there anyway the authorities can trace this?

10:15 – With the attacks continuing to increase, what would you recommend for medical facilities and as a whole organizations here in Canada to: one, stay secure and two, what should they do if they are aware of a ransomware attack on their network?

Hope you find this episode helpful.

We would love to hear from you, please let us know your feedback by commenting below or by sending me an email.

Thanks for listening.


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