A Q&A with Philip Yannella and Greg Szewczyk of Ballard Spahr LLP As the leading cause of cybercrime, ransomware causes numerous losses for companies—including the looming threat of federal regulatory action for paying ransoms. In our conversation, Philip Yannella, practice leader of Ballard Spahr’s Privacy and Data Security Group, and Greg Szewczyk, partner elect in…

Across the cyber security industry, ransomware is a hot topic. As frequency, severity, and loss continue to rise, professionals from across the industry are looking for solutions. At the 2020 NetDiligence Summer Summit on July 1, 2020, Moderator Richard Goldberg (Lewis Brisbois) led a team of thought leaders in a dynamic panel entitled “The Evolution…

Ransomware Readiness and Response from NetDiligence on Vimeo. Ransomware remains one of the most widespread and damaging cyber attack methods. With more than 55% of small and medium-sized businesses forced to pay hackers in 2019, it’s with good reason that ransomware is the number one concern of many organizations around the world. Despite that ransomware…

RDP Exploits and Ransomware—A Cyber Criminal’s Favorite Attack Pathway from NetDiligence on Vimeo. It’s no secret that cybersecurity professionals are most commonly playing catch-up to close digital vulnerabilities to would-be attackers. Ransomware remains one of the most effective and wide-spread attack methods, with a business targeted approximately every 11 seconds. These attacks can lead to…

A Q&A with Kathryn Harrison of the DeepTrust Alliance The rise of deepfake technology has the capacity to destabilize markets, sow public distrust and undermine the credibility of organizations and their leadership. As these tools become more accessible, the risks to insurers and their insureds loom in the not-distant horizon. We spoke with Kathryn Harrison,…

Responding to Ransomware: A Q&A with David Shear of Vigilante It’s not enough to acknowledge the threat of ransomware—companies need to be positioned to communicate with threat actors (whether directly or indirectly), contain damage and minimize business interruption associated with this increasingly common form of cyberattack. I talked to David Shear, threat data governance and…

Over the past 18 years at NetDiligence, we’ve often been asked about the future of ransomware. And the truth is that even after 18 years in this space, no one can fully predict what will happen. Even when ransomware became more widespread during the 2000s, no one could have imagined the current magnitude of the…

Ransomware is a type of malware designed to block access to a computer system until a sum of money is paid. Typically, a ransomware attack starts with an innocent-looking email with an infected link or fake document attached. In fact, the average company received a whopping 90% of their detected malware through email, according to…

As IT systems and data play increasingly important roles in business, opportunities for cybercriminals continue to grow. For the first time, the annual Allianz Risk Barometer Report found cybercrime to be the number one concern for companies around the globe. The increase in concern over cybercrime coincides with a rise in the number of ransomware…

A Q&A with Prem Ananthakrishnan of DruvaRansomware is a growing cyber risk threat impacting organizations in all sectors. Having a cloud-based backup solution in place can help organizations mitigate this exposure, promote business continuity in case of a security event and avoid paying a ransom. In this Q&A, Prem Ananthakrishnan of Druva explains how.