Ransomware in the Age of Wannacry: What Fintech Needs to Know

Presented by

John Bambenek, Threat Systems Manager at Fidelis Cybersecurity

About this talk

This past week we saw the emergence of a worm-based ransomware attack in wannacry that showed us how damaging these attacks can be to critical services society relies on. This presentation will cover the recent wannacry attacks and what we have learned from them. In addition, we'll discuss the evolution of ransomware in recent years, focusing on attacks targeted against enterprises and so-called "high-interaction" ransomware attacks. Attendees will also be given a path forward of protecting their institution. A discussion of the renewal of Business Continuity and Disaster Recovery as a result and what this means for fintech going forward. About the Presenter: John Bambenek is Manager of Threat Intelligence Systems at Fidelis Cybersecurity and an incident handler with the Internet Storm Center. He is also a faculty member of the Department of Computer Science at the University of Illinois where he teaches courses in cybersecurity. He has been researching security threats and criminal organizations for 17 years and coordinating with US and foreign law enforcement entities to help bring criminal actors to justice.

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Bambenek Consulting is an IT consulting firm focused on cybersecurity and cybercrime. Every day, there is another story about another company having their banking accounts drained, someone having their identity stolen, or critical infrastructure being taken offline by hostile entities. Led by IT security expert, John Bambenek, we have the resources to bring to your business so you can be sure your organization and your customers’ data is safe. And when disaster does strike, you know you can count on us to be with you every step of the way as you recover from an incident.