• Ransomware: To Pay Or Not To Pay?

  • Dec 6 2022
  • Length: 25 mins
  • Podcast

Ransomware: To Pay Or Not To Pay?

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  • Summary

  • If you are hit with a ransom attack, should you pay the ransom? 

    The short answer is “No”, but the longer answer is “it’s a little more complicated than that…”

    Warwick Levy runs the independent fashion brand Lonely Kids Club, and when hackers hijacked the brand’s Instagram account, they also took control of its key e-commerce channel. Warwick was told he can have it back “if he did this one thing…” but the ransom demanded was a textbook case of damned if you do, damned if you don’t…

    Anatomy of a Scam is hosted by Deborah Knight and features:

    • Warwick Levy - Lonely Kids Club
    • Assistant Commissioner Chris Goldsmid - AFP Cyber Operations Commander
    • Nick Klein - Executive Director - Digital Forensics & Incident Response - CyberCX
    • David Lacey - Managing Director, IDCARE 

    Anatomy of a Scam is made in collaboration with CommBank. Stay CommBank Safe with services that help protect you from scams and fraud 24/7. Remember 3 simple steps: Stop. Check. Reject. 

    See omnystudio.com/listener for privacy information.
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