The ransomware epidemic - How to boost cyber resilience in your supply chain

Presented by

Chris Poulin - Director, Technology & Strategy/ Deputy CTO, BITSIGHT

About this talk

Ransomware is rapidly becoming the most common form of cyberattack. Incidents have doubled year-over-year with headline-grabbing consequences. In line with this data, recent BitSight search shows that 64% of European organizations are at heightened risk of ransomware due to their overall security performance. Organizations in sectors such as energy and utilities, healthcare, government agencies and education are a leading target, but they are not alone. Manufacturing companies, financial services, retailers, and others are also vulnerable to the mounting ransomware threat. Supply chains are an emerging trend as a vehicle for ransomware. And the price to pay is always high, as it often comes at the cost of millions and negative reputation. Security managers need actionable data to help protect their networks. They also need to understand how the EU regulatory landscape is changing in the near future with stricter legislation that will help bring confidence in today’s digital, connected world. Join us to learn more about: • How can organizations reduce the risk of becoming a ransomware victim? • How does security performance relate to ransomware risk and other cyber vulnerabilities? • Cyber security best practices: How can companies boost cyber resilience in their supply chain?

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BitSight transforms how organizations manage cyber risk. The BitSight Security Ratings Platform applies sophisticated algorithms, producing daily security ratings that range from 250 to 900, to help organizations manage their own security performance; mitigate third party risk; underwrite cyber insurance policies; conduct financial diligence; and assess aggregate risk. With over 2,100 global customers and the largest ecosystem of users and information, BitSight is the Standard in Security Ratings.