Panel Discussion: Ransomware: an epidemic in the making presented at FutureConFortLauderdale 2019

by Scott n. Schober, Eddie Doyle, Grant Elliott, Charles Rodholm,

Summary : Ransomware attacks like the ones that wreaked havoc in the Lake City, Florida; at ASCO Industries; and the Weather Channel are dominating the headlines so far in 2019.Holding someone or something for ransom is a simple yet effective strategy that has been used by criminals for thousands of years. Today, cyber criminals are successfully applying these ancient techniques to modern technologies.According to the FBI’s Internet Crime Complaint Center (IC3) the damages associated with ransomware have dramatically increased over the last year. The City of Baltimore is a good example, as the damages are expected to exceed $18 million. This raises the question what organizations need to know about ransomware attacks and what they can do to minimize the risk of being victimized.The panel discussion brings together security experts and practitioners to discuss how to minimize your exposure to ransomware attacks, specifically the anatomy of a ransomware attack, what basic preventive steps to take, what to do if you get infected, and available government resources to support you in your mitigation efforts.