Cyber Security: How to Prepare and Protect Your Company
According to the FBI, ransomware cost US businesses at least $1.4B in 2017, compared with $1B in 2016. Cost estimates for 2018 have not yet been released, but by all accounts, will be significantly higher. And the bad guys continue to get more and more sophisticated, leaving businesses, even those with strong controls and protocols, exposed. Any business can be impacted by a ransomware event. A key benefit to having a Cyber Insurance policy in place when a ransomware event occurs is immediate access to pre-vetted response vendors. Many Cyber Insurance carriers have a breach response hotline staffed 24/7/365 with attorneys ready to assist in triage and response to a ransomware (or other cyber) event. For more information on ransomware threats and Cyber Insurance coverage, tune into the GCCA and Lockton webinar on May 7th at 1:00pm EST.
|Presenter||Madeline Allen, J.D., ARM, Lockton Companies, LLC|
|Cost||Complimentary to GCCA Members; $99 for non-members