Alongside our strategic cyber partners, Risk Crew, we are running a free webinar on ransomware called: The Ransomware Playbook: A Survival Guide on Tuesday, 30 November at 2pm.
The webinar is a great opportunity for businesses to hear from industry experts on:
- What is ransomware and how does it work?
- The defence strategy: how can you prevent a ransomware attack?
- What are the legal considerations following an attack?
- How will a cyber-liability insurance product respond to a ransomware incident?
To register for this free event, visit: https://register.gotowebinar.com/register/771109913552825101
The number of ransomware attacks continues to rise
The number of ransomware attacks has increased by 435% in the past year alone, with the average recovery costs for businesses and organisations affected reaching £1m. (Source: https://nexstor.com/cyber-security-threats/)
The probability and impact associated with the threat of a ransomware attack is significant and the risk should not be underestimated.
What exactly is ransomware?
Ransomware is a form of malware (malicious software) that uses encryption to hold the victim’s digital information at ransom. An organisation can therefore be unable to access data such as files and databases, with cybercriminals demanding a ransom to release the data.
A ransomware attack can be extremely debilitating to a business or organisation and is a growing threat, causing significant damage and expenses for those affected.
This webinar is a great opportunity to learn more about the potential dangers of ransomware and what businesses can do to mitigate the risks.
To learn more about the event and register for free, visit: https://register.gotowebinar.com/register/771109913552825101
You can also find more information about cyber-liability insurance here or contact CLEAR’s cyber-insurance specialist Stewart Ruffles on 020 7280 3479.
Related:
- Understanding Your Cyber Risk in the New Threat Landscape
- Cyber-crime is fast becoming a major threat to UK charities
- Cyber risks of staff laptop theft — how to mitigate data loss
