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.
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With more than 40 years of experience in electrical engineering and energy systems, Nick explains why our aging electrical grid is struggling to keep pace with modern demands—particularly the explosive growth of artificial intelligence and data centers.
Mikaela Myers, Co-Founder and CEO of Navi Solutions and former AWS Responsible AI product manager shares a practical approach to AI adoption for small and midsize businesses. Mikaela breaks down Responsible AI in plain English, including security, privacy, fairness, safety, governance and transparency. Stop asking what you can do with AI. Start asking what problem in your business is worth solving!
What happens when rural hospitals, public utilities, schools, and small governments become targets of cyberattacks but lack the resources to defend themselves?
In this episode of The SafeHouse Podcast, Jeff Edwards welcomes Mike Hamilton, former Seattle CISO and CTO of PISCES International, a nonprofit organization delivering free cybersecurity monitoring and real-world workforce training to underserved communities across the United States.
This conversation is based on a real-world, three-part series designed for everyday people who suddenly find themselves dealing with a hacked account, fraud, or a suspicious alert.
In this SafeHouse episode, Jeff Edwards and Alan Gin break down what actually happens when a cyber incident hits and what you should do next.
This conversation is based on a real-world, three-part series designed for everyday people who suddenly find themselves dealing with a hacked account, fraud, or a suspicious alert.
If you’ve ever wondered what you would actually do in that moment, this episode walks you through it step by step.
Kurt Suhs, Founder and CEO of Concierge Cyber, unpacks why cyber insurance adoption remains low and what businesses are actually doing instead.
Learn how businesses think about risk when they don’t have coverage and why complexity and policy structure are major barriers.
Cyber risk management is often framed as a choice between prevention and insurance. In reality, the most resilient organizations combine both.
In this episode of The SafeHouse, Jeff Edwards speaks with Michael Phillips, Global Head of Cyber at Coalition, about how insurers evaluate cyber risk and why mitigation and insurance must work together.
Building on a previous discussion about the elements of risk management, the conversation explores how underwriters think about cyber exposure, what signals insurers look for when assessing organizations, and why operational resilience is becoming central to modern cyber insurance.
The result is a practical discussion about how businesses should approach cyber risk today.
