Name: Is the Risk of Ransomware too High for Cyber Insurance?
Start: 2022-04-27T19:08:00Z
End: 2022-04-27T19:08:20.000Z
Location: BrightTALK
Rating: 5

Deliver 24/7 managed SOC as a Service with best of breed cybersecurity solutions.

“Set it and forget it” security solutions don’t work today if they ever really did. There are many reasons why, but it boils down to this: Cybercriminals don’t sleep.

They’re working day and night to find a creative way to compromise your systems or steal your data. That means you need to be vigilant 24/7 – detecting and remediating ever-changing threats.

If that’s not in your wheelhouse, no worries. In this episode of Cybersecurity Simplified, we’ll discuss the case for managed security services.

The Case for Managed Security Services

Fixing software bugs is critical to keeping bad actors out. It’s a continuous process called Patch Management. While its purpose is to keep systems up to date, the practice itself has not kept up with the times. Businesses have moved apps and infrastructure to the cloud, but patch management remains on-premises. In this episode of Cybersecurity Simplified, we’ll discuss why it’s time for a Patch Management Makeover.

Why It's Time for a Patch Management Makeover?

With the rising risk of remote "anywhere" work, network firewalls and VPNs won't keep the bad guys out. Imagine a Cloud Area Network that integrates your prevention tools into one:
• SaaS application access control
• Secure remote private application access
• User and device authentication
• Ransomware and phishing blocking
• Network protection and monitoring

Introducing Overwatch Prevention Suite (OPS):
-Cut costs
-Cut cyber risk 
-Cut complexities 
-Gain efficiency
-Gain network performance
-Gain detection and response

Sound too good to be true?
Join us for a candid conversation with a business owner, technologist and security practitioner as they discuss why their individual challenges led them down this path to OPS, a Zero Trust Cloud Area Network solution, delivering identity access management, remote browser isolation, secure web gateway, zero trust remote access, anti-phishing, and so much more!

Aim for Zero Trust Security with All-in-One Cloud Solution

How is the MITRE ATT&CK framework improving the XDR Kill Chain and delivering better threat insight? Overwatch by High Wire Networks explains how the new open XDR platform, in the parameters of a security operations center as a service (SOCaaS), is providing managed (security) service providers with more enhanced visibility, detection and response.

Improve Cybersecurity w/ the New XDR Kill Chain

With one click, security analysts can lock down your business network, isolating the threat so it can’t move between devices or locations, minimizing potential impact and damage. And it’s made possible without any agents or changes to your network infrastructure.

Introducing Overwatch Ransomware Kill Switch.
The latest security solution blocks all unnecessary network communications to or from any endpoint, reducing the threat risk across your networks – from home or remote workspaces to corporate campuses.

Stop Ransomware in its Tracks w/ One Click

If cyber insurance is your “security blanket,” watch out! Cybercriminals may be stealing that from you, too!

With the rising number and frequency of cyberattacks, cyber insurance companies are:
• Recalculating the risk using a “when, not if” yardstick
• Raising premium rates to cover the likelihood of an incident
• Requiring proof of cybersecurity controls to issue coverage and payouts

Learn more about the future of cyber insurance and what you can do to protect your organization from cybersecurity risk. 
 
Date: September 23, 2021
Time: 3 pm ET
Speakers: 
•	Mark Porter, CEO, High Wire Networks
•	David Barton, CTO, High Wire Networks & Overwatch Managed Security
•	Cy Sturdivant, Director, BKD Cyber, an Overwatch Partner
•	Tom Wetzel, President, Thomas H. Wetzel & Associates

Debunking Myths About Cyber Insurance

XDR stands for Extended Detection and Response. What does extended really mean?  Join Steve Garrison of Stellar Cyber and Mark Porter of Overwatch Managed Security as they dissect "open" and "XDR" - delving into Gartner's hottest trend in cybersecurity.

Why Open-XDR is Gartner's Hottest Trend

The Kaseya cyberattack is the single biggest global ransomware attack on record. Your trusted advisors at Overwatch Managed Security by High Wire Networks will share their latest threat hunting efforts, answer your questions and offer guidance to businesses.

Kaseya Cyberattack - Get Answers from Overwatch Security Experts

Don’t miss this candid Q&A revealing the naked truth about the state of cybersecurity today as High Wire’s CTO David Barton interviews one of the country’s foremost experts in information security. Robert Bigman spent 25 years  protecting the nation’s most sensitive secrets and classified computer systems and  networks as CISO for the Central Intelligence Agency.

The State of Cybersecurity

You see it in the headlines every day— ransomware attacks disrupting businesses and the economy in a broader sense. ​The Colonial pipeline attack certainly got the attention of the white house and our current administration after the attack forced the company to shut down 5,500 miles of pipeline, triggering widespread fuel shortages in the Southeast and panic buying. 2020 Was a Bad Year for Ransomware. 2021 is already shaping out to be way worse.

Cybersecurity Simplified - Ep.12: What Businesses Need to Know About Ransomware

The success of working from home during lockdown has caused companies to rethink “the office,” allowing both in-office and at-home work on a permanent basis. But this new hybrid workplace presents cybersecurity challenges. Not only do companies need to secure headquarters, data centers and branch offices, they now need to safeguard dozens, hundreds, or even thousands of endpoints used by employees working remotely. In this episode of Cybersecurity Simplified, we’ll discuss why the New Hybrid Workplace is the Next Security Headache and what to do about it.

Cybersecurity Simplified - Ep.11: The Hybrid Workplace - Next Security Headache

Cybersecurity is an IT issue, to be managed by the IT 
department. Right? 

Our guest on Cybersecurity Simplified, Mark Porter, CEO at High Wire Networks, will explain that’s only half true. 

In fact, Cybersecurity impacts the entire business – not only that it’s IT infrastructure works, but operational uptime, the privacy of its customer data, compliance with regulations, ability to collect revenue – even the company reputation.

Mark Porter will explain why Cybersecurity is Not Just an IT Problem, It’s a Business Problem.

Cybersecurity Simplified - Ep.10: Cybersecurity as a Business Problem

When we think about automation, images of displaced factory workers often spring to mind. But automation also can be a good thing, helping people to do their jobs better and faster.

That’s the case in security operations. In fact, automation is critical to keeping up with exponentially rising threats and helping analysts respond faster.

In this episode of Cybersecurity Simplified, we’ve invited a Security Operations expert to tell us how automation is the new weapon in the war on cybercrime.

Cybersecurity Simplified – Ep. 9: Automation: Responding to Cyberthreats

The SolarWinds breach has been the big security news lately. 

It’s making headlines for many reasons:

It’s one of the most stealthy attacks – going undetected for months
-It targeted U.S. government agencies — like the Pentagon and more – and major tech companies Microsoft, Cisco and Intel.
Plus, it’s one of the biggest who-dun-its – no one is certain who’s to blame.

In this episode of Cybersecurity Simplified, we’ll get past the headlines and break down the SolarWinds Security breach.

Cybersecurity Simplified - Ep. 8: Breaking Down the SolarWinds Security Breach

As if a pandemic were not enough, we’re being kicked while we’re down. Cybercriminals are exploiting our newest weakness – working from home. It’s no secret that home networks are not as secure as corporate networks, and bad actors are taking advantage of the fact and using them as a way in. In this episode of Cybersecurity Simplified, we’ll talk about the increased risk of remote work and what you can do to minimize it.

Cybersecurity Simplified - Ep. 7: Why is Cybercrime Surging in the Coronaverse?

Believe it or not – your employees are the primary accessories to cybercrime.

Of course, it’s not (usually) intentional, but it’s true, nonetheless. 

In this episode of Cybersecurity Simplified, we’ll talk about how your employees are unwittingly putting your business at risk and some simple steps to stop it.

Cybersecurity Simplified - Episode 6: Accessories to Cybercrime a.k.a. Your Team

Cybersecurity is designed to stop or mitigate the fallout of cyberattacks. If it sounds like war, that’s because it is – only this one is 24/7 and the enemy is faceless. 

What we do know is a lot about their tactics.

In this episode of Cybersecurity Simplified, we’ll go behind enemy lines and take a look at the most common cyberattacks that take down corporate networks.

Cybersecurity Simplified - Episode 5: Cybersecurity’s Most Wanted List

To pay or not to pay – that is the question when it comes to ransomware. Is it better to hold your ground and discourage future data hostage situations or pay up and cut your losses? Recently, some cyber insurance companies have switched sides in the debate, refusing to reimburse ransomware payments to cybercriminals. In this episode of Cybersecurity Simplified, we’ll discuss this trend and what it means for the future of cybersecurity risk strategies.

Is the Risk of Ransomware too High for Cyber Insurance?

Cyber Insurance

Ransomware

Cyber Incident Response

Information Security

Cyber Attacks

Cyber Defence

Business Change

IT as a Service

IT Compliance

Are you an IT service management professional interested in developing your knowledge and improving your job performance? Join the IT service management community to access the latest updates from industry experts. Learn and share insights related to IT service management (ITSM) including topics such as the service desk, service catalog, problem and incident management, ITIL v4 and more. Engage with industry experts on current best practices and participate in active discussions that address the needs and challenges of the ITSM community.

IT Service Management

The IT security community on BrightTALK is composed of more than 200,000 IT security professionals trading relevant information on software assurance, network security and mobile security. Join the conversation by watching on-demand and live information security webinars and asking questions of experts and industry leaders.

IT Security

Increasing expectations for good governance, effective risk management and complex demands for corporate compliance are presenting a growing challenge for organizations of all sizes. Join industry thought leaders as they provide you with practical advice on how to implement successful risk and compliance management strategies across your organization. Browse risk management resources in the form of interactive webinars and videos and ask questions of expert GRC professionals.

IT Governance, Risk and Compliance

Network infrastructure professionals understand that a reliable and secure infrastructure is crucial to enabling business execution. Join the network infrastructure community to interact with thousands of IT professionals. Browse hundreds of on-demand and live webinars and videos to learn about the latest trends in network computing, SDN, WAN optimization and more.

Network Infrastructure

As an IT professional, many of the problems you face are multifaceted, complex and don’t lend themselves to simple solutions. The information technology community features useful and free information technology resources. Join to browse thousands of videos and webinars on ITIL best practices, IT security strategy and more presented by leading CTOs, CIOs and other technology experts.

Is the Risk of Ransomware too High for Cyber Insurance?

Presented by

About this talk

More from this channel