Cyber Risk Quantification
October 13, 2023
In this episode of the Safe House Initiative Podcast, host Jeff Edwards and Marc Grens, co-founder of Digital Mint, explore the intricate world of ransomware attacks and the critical steps organizations must take after a breach.
They discuss the evolution of ransomware payments, from unregulated practices to a more structured, compliance-driven process, including navigating OFAC sanctions and legal risks.
Marc emphasizes the importance of proactive cybersecurity measures, such as two-factor authentication and employee training, to prevent phishing attacks, which are a leading cause of ransomware incidents.
The conversation also highlights the psychological impact of ransomware and why many organizations only prioritize cybersecurity after an attack. Looking ahead, Marc underscores the need for ongoing vigilance as ransomware threats continue to evolve.
Don’t miss essential conversation like this! Follow the Safe House Initiative Podcast for more expert insights on cybersecurity, and tune in to stay informed and prepared in the face of ever-growing digital threats.
#Ransomware #Cybersecurity #Compliance #OFAC #DigitalMint #CyberHygiene #TwoFactorAuthentication #SafeHouseInitiative
——Edited and Produced by Trustbridge Communications.
AJ Dharma-Wardana of Envelop Risk sheds light on the intricate world of risk management revealing insights into the critical importance of a holistic approach to risk management that transcends traditional cyber insurance.
Alex Green of the Redwood Project discusses how unifying government agency efforts and fostering genuine collaboration with the private sector can create a much stronger shield against escalating cyber threats.
Part 2 in the series with Gordon Malin, co-founder and CEO of Elpha Secure, continues elaborating on the importance of cyber insurance in today’s digital-first world and its criticality for SMBs!
Gordon Malin, co-founder and CEO of Elpha Secure, discusses the importance of cyber insurance in today’s digital-first world and its criticality for SMBs!
Marc Grens, co-founder of Digital Mint, explores the intricate world of ransomware attacks and the critical steps organizations must take after a breach.
In part 2, Matthew Cullina, head of the Global Cyber Insurance Group at TransUnion, explores the growing $10-12 billion cyber insurance market and the underserved SMBs.
