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Ransomware and Cyber Extortion
Start Date: 2/22/2018Start Time: 10:00 AM
End Date: 2/22/2018End Time: 12:00 PM
Event Description:
As you can see from watching the news, ransomware trends continue to rise. Security company Carbon Black reported that ransomware sales on the DarkWeb increased 2,502% since 2016. They are suggesting that over $6 Million in Ransomware software was sold between cybercriminals. These sales are causing massive increases in fraud which the FBI estimates at around 6 Billion in losses, a dramatic increase over the previous year’s $24 Million. Specific case studies like FedEx have claimed a $300M loss in their 4th quarter 2017 financial report from ransomware infections.

Join us to recap the statistics related to ransomware and learn how to prepare for this growing threat. Numerous published best practices will be reviewed to assist our institutions to build stronger defenses. Lessons learned from case studies captured from real world ransomware tragedies will be reflected on. More cases such as WannaCry, NotPetya, and Bad Rabbit will emerge and plague our institutions and customers.

what you will learn:
In this session we will review the following items to build our understanding of ransomware and how best to defend against it:
Ransomware Trends
How infections begin
Common Strains
Best Practices
Lessons Learned
Regulatory Guidance and Expectations
Ransom Payment Methods
Growing Cyber Extortion cases
Free Ransomware Toolkit
Contact Information:
Name: Ann DeVilbiss
Phone: 443-837-1606
Email: adevilbiss@mdbankers.com
State Agency(s)
Commerce
Website Link:
https://www.bankwebinars.com/2667/ransomware-and-cyber-extortion-?idAff=81962&entityDomainId=3&secure=False

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