Hackers demand bitcoin ransom from City of Joburg on Radio Al-Ansaar
Radio Al-Ansaar presenter is in discussion with Cyber Security Expert Charl Ueckermann, on the recent hack of the City of Johannesburg’s network. Hackers are demanding Bitcoins, following the hack on the Network in the City of Johannesburg.
Charl answers questions about the recent ransom attack on banks and the City of Joburg in plain language:
- What is a Distributed Denial of Service (DDOS) attack and how does it work?
- What are some defensive strategies the banking industry can follow to reduce the negatives impacts of ransom attacks and protect their customers’ personal information?
- How easy is it to trace an emailed ransom note and identify the perpetrators?
- Why do hackers often ask for ransom in Bitcoin?