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Ransomware: who is being targeted, and should you pay the ransom?

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Manage episode 417916869 series 3572864
Content provided by Martin Gill. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Martin Gill or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

It is always a risk that a company will become a victim of a ransomware attack, and the consequences can be severe. What should victims do: lose business and not give in or a go for a quick fix by succumbing to the demands of offenders? Law enforcement generally advises against payment, business owners often prioritise the pecuniary imperative. But what are the principles that should govern decision making here? Should companies consider only their shareholders to the exclusion of their community, nation, or industry? What are the real consequences of paying or not paying? How should you pay? Can attackers be relied upon to fulfil their part of the bargain? Will paying render a victim an easy target? What happens in the real world? This webinar will discuss:
- What are the trends in offending and victimisation?
- When should you pay and when not?
- What are the best prevention/mitigation methods?
Guest Chair:
Michael Gips – Principal at Global Insights in Professional Security (US)

Panellists:
Luca Tenzi – International Security Consultant, Blusec SA (Switzerland)
Stevan Bernard – Senior Advisor, International SOS and former CSO at Sony Pictures (USA)
Terry Cutler – Founder of Cyology Labs and Internet Safety University (Canada)
A video and summary of this session is available here: https://www.theospas.com/2021/07/16/ransomware-who-is-being-targeted-and-should-you-pay-the-ransom/
Sign up to the Security & Risk Thought Leadership Newsletter and Event Updates

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200 episodes

Artwork
iconShare
 
Manage episode 417916869 series 3572864
Content provided by Martin Gill. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Martin Gill or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

It is always a risk that a company will become a victim of a ransomware attack, and the consequences can be severe. What should victims do: lose business and not give in or a go for a quick fix by succumbing to the demands of offenders? Law enforcement generally advises against payment, business owners often prioritise the pecuniary imperative. But what are the principles that should govern decision making here? Should companies consider only their shareholders to the exclusion of their community, nation, or industry? What are the real consequences of paying or not paying? How should you pay? Can attackers be relied upon to fulfil their part of the bargain? Will paying render a victim an easy target? What happens in the real world? This webinar will discuss:
- What are the trends in offending and victimisation?
- When should you pay and when not?
- What are the best prevention/mitigation methods?
Guest Chair:
Michael Gips – Principal at Global Insights in Professional Security (US)

Panellists:
Luca Tenzi – International Security Consultant, Blusec SA (Switzerland)
Stevan Bernard – Senior Advisor, International SOS and former CSO at Sony Pictures (USA)
Terry Cutler – Founder of Cyology Labs and Internet Safety University (Canada)
A video and summary of this session is available here: https://www.theospas.com/2021/07/16/ransomware-who-is-being-targeted-and-should-you-pay-the-ransom/
Sign up to the Security & Risk Thought Leadership Newsletter and Event Updates

  continue reading

200 episodes

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