Welcome to Woman In Cyber Security

Bitcoin Cash Gaining Acceptance in Ransomware Community

by Magda CHELLY March 05, 2018

Typically, ransomware encrypts victims' files, forcing them to pay a ransom in order to regain access to their computers. However, Thanatos doesn't actually save the keys to unlock victims' files anywhere – thus, if you didn't have enough reason not to pay the criminals, there is literally no reason to fork ...


Magda CHELLY
Magda CHELLY

Author

Magda Lilia Chelly, is the Managing Director of Responsible Cyber Pte. by day, and a cyber feminist hacker by night. Magda is the brand ambassador of Peerlyst, one of the strongest InfoSec online communities. She spends most of her time supporting chief information security officers in their cyber security strategy and roadmap. She reviews technical architectures, cloud migrations, and digital transformations. She is continuously raising cyber security awareness & diversity at a global scale. She is currently based in Singapore, with a global reach through her company in 19 locations worldwide. She speaks five languages fluently, and has a PhD in Telecommunication Engineering with a subsequent specialization in cyber security. She also was recently nominated as global leader of the year at the Women in IT Awards 2017, and TOP 50 cyber security influencer globally.


Leave a comment

Comments will be approved before showing up.


Also in Cyber Quick Articles

Atlanta Spent $2.6M to Recover From $52000 Ransomware Scare

by Magda CHELLY April 24, 2018

The City of Atlanta spent more than $2.6 million on emergency efforts to respond to a ransomware attack that destabilized municipal operations last month. Attackers, who infected the city's systems with the pernicious SamSam malware, asked for a ransom of roughly $50,000 worth of bitcoin. (The exact ...

Continue Reading

Protecting your organisation against ever-changing cyber threats

by Magda CHELLY April 24, 2018

Ransomware is increasingly insidious. The means by which it gets into organisations; phishing emails for example, are getting better at fooling people. Criminals are designing bogus emails that look like they could be from one of your business contacts, including your internal company contacts.

Continue Reading

Atlanta paid nearly $3m to recover from ransomware attack

by Magda CHELLY April 24, 2018

The March, the city of Atlanta was hit with a massive ransomware attack that took down critical systems, in many cases forcing officials to use pen and paper instead of email and digital records. The hackers had demanded $51,000 worth of Bitcoin, according to a report by Reuters last month, but the city ...

Continue Reading