Name
Breakout Session 1 | Ransomware Defense Blueprint: Safeguard Your Business Against Advanced Cyber Threats
Date & Time
Tuesday, June 25, 2024, 12:00 PM - 12:30 PM
Spence Hutchinson
Description

Ransomware remains a pervasive threat impacting businesses globally, with small to medium-sized businesses (SMBs) facing heightened vulnerability. Our 2024 SMB Ransomware Readiness report underscores the disproportionate targeting of SMBs, especially those with fewer than 500 employees and annual revenues under $100 million, by ransomware attacks.
 
Join Spence Hutchinson, Staff Threat Intelligence Researcher, as he delves into the ransomware landscape, emphasizing its amplified impact on smaller organizations. Drawing from recent findings by our Threat Response Unit (TRU), Spence unveils critical insights into concerning patterns and the escalating complexity of ransomware exploiting vulnerabilities inherent in SMBs.
 
Key discussion points will cover:

  • Common ransomware entry points, such as unmanaged devices and exploitations of inadequate network defenses.
  • The role of Dark Web markets in facilitating ransomware operations, spanning malware-as-a-service to initial access intermediaries.
  • Practical cybersecurity enhancements for SMBs, emphasizing multi-factor authentication and bolstered network monitoring.
  • Direct costs linked to ransomware incidents, excluding ransom payouts, alongside proactive approaches for detecting and mitigating threats.
  • Actionable guidance from TRU on preparing for, enduring, and recovering from sophisticated ransomware incidents.

Join this session to equip your organization with the knowledge to prepare for ransomware attacks effectively and safeguard against business disruption.