From threat to defense: Cyber insurance woes as ransomware surges

Ransomware plagues security professionals – and, in turn, the companies that insure them – more than ever before: A staggering 75% of organizations fell victim to a successful ransomware attack at least once in 2023 alone. The relentless evolution of this threat demands constant vigilance and security tactics that can keep up with the threats as they evolve. In this session, Paul Robichaux, Microsoft MVP and Senior Director of Product Management at Keepit, will explore recent developments in the market and engage a panel of cybersecurity and IT experts to discuss trends in ransomware and how they affect organizations’ ability to secure cyber insurance today. You’ll gain insights into the alarming rise of ransomware-as-a-service, as well as trending new attack patterns and their unique dangers. Next to Andrew Wildrix, Cybersecurity and IT Leader, former CIO and current VP of Business Development at Intrusion, and Kim Larsen, CISO at Keepit and Advisor on Cybersecurity, the panel will also consist of Dara Gibson, Senior manager at Cyber Insurability Services Provider Optiv, who shares an insurer’s perspective on cybersecurity. Hear all about how underwriter requirements are changing in the market, the escalation of rates, and limitations in coverage, and what can help you determine whether cyber insurance is the right strategy for your organization. Join us and you will walk away with: - An understanding of current trends and a comprehensive outlook on the evolving ransomware landscape - Valuable insights into the key challenges organizations face to inform their cybersecurity and cyber insurance strategy - Guidance on how to effectively stay ahead of emergent threats and protect your company’s business continuity Register now to save your spot. Can’t join us live? Register anyway, and we’ll send you a recording of the webinar.