Ransomware Attacks in 2022: Compliance Lessons Learned

Presented by

Kyle Martin, Senior Director, Customer Success & Professional Services; and Adam Billings, Product Specialist, NAVEX Global

About this talk

The average ransom fee requested increased from $5,000 in 2018 to around $200,000 in 2020*, and according to FBI Director Christopher Wray, reports of ransomware attacks have tripled over the past year. The increased frequency and scope of these attacks present not only a business risk for a company, but legal and compliance risks as well. Is your compliance team prepared? Even if your organization is operating in full compliance with all laws and regulations, paying a ransom to a sanctioned cybercriminal in response to an attack is prohibited. Join us on this CPE webinar as we discuss best practices for your risk-based compliance program to be better prepared for escalating cybersecurity threats, including how to: - Identify trends and the latest tactics used by ransomware groups - Understand the nature, evolution and scale of the cyber and ransomware compliance landscape - Examine key considerations in maintaining robust compliance and managing risk in the context of these evolving issues - Assess regulatory expectations and guidance in the cyber and ransomware space * Source: The National Security Institute
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