Extortionists who demand ransom for encrypted data cause immense damage. A panel of experts gives tips for a strategy against ransomware attacks.
Ransomware dominated the headlines in 2021. New examples emerged in which criminals managed to break into computer systems and then cripple applications and encrypt data in order to extort ransom. The range of victims ranges from large corporations to pipeline operators, from cities and communities to hospitals. According to estimates by experts such as Cybersecurity Ventures, none of the cybercriminals’ scams is growing the fastest. In 2021, criminal gangs are said to have collected $20 billion in ransoms worldwide. Added to this are the costs of eliminating the follow-up costs for the company. For 2020, the industrial insurer Allianz Global Corporate & Specialty (AGCS) put it at over 100 billion US dollars.
Panel of experts on ransomware defense
Reason enough for com! professional at the Moonova, the event for digital commerce and digital marketing, to take on this topic with a special format – a roundtable with three experts: In addition to a representative of the BSI, Michael Schröder, Security Business Strategy Manager DACH at eset and Olaf Pursche are taking part , Head of Marketing & Communications SITS Group / CCO AV-TEST Institute.
The panel will address the most important questions about the ransomware complex:
- What’s the best way for organizations to protect themselves from falling victim to a successful ransomware attack?
- What can you do preventatively to keep the damage as low as possible in the event that an attack should be successful?
- And how should companies react when an attack is underway? Last but not least: should they pay ransom or not?