Topic: Ransomware: A Risk Management Strategy
Organizations’ globally are dealing with a scourge in ransomware. Just note the following statistics:
- Experts estimate that a ransomware attack will occur every 11 seconds in 2021. (Cybercrime Magazine, 2019) and
- The average ransom fee requested has increased from $5,000 in 2018 to around $200,000 in 2020. (National Security Institute, 2021)
It is clear the ransomware is here to stay. So the strategy must move beyond just prevention, to How do you manage the inevitable ransomware event? Our discussion will look at some key pillars of cybersecurity risk management and a few practical things to have in place preferably before you are a victim. Attendees will obtain tools, steps and processes necessary to ensure a ransomware event does not leave them without a way to continue operations.
Speaker: Danyetta Fleming Magana, Covenant Security
Danyetta Fleming Magana is a Certified Information Systems Security Professional (CISSP), F. ISRM whom founded Covenant Security Solutions in 2003. Her goal is to push the envelope regarding how we think about our information and find new and innovative ways to secure our digital way of life. Mrs. Magana is a Certified Information Systems Security Professional (CISSP) a globally recognized certification in the information security arena. She has been published in the and interviewed as an expert on Federal News Radio’s “Mark Amtower Show.” In 2001, Mrs. Magana received the Black Engineer of the Year Award for the “Most Promising Engineer in Government.” Mrs. Magana presently serves on several advisory boards and also previously served as a Fellow with the Institute for Critical Infrastructure Technology (ICIT), a Washington DC based think tank that briefs Congress, Senate and the Senior Executives of the U.S. Federal government on matters related to Cybersecurity and Critical Infrastructure. In addition, Mrs. Magana was a recipient of the Army’s Achievement Medal for Civilian Service. Her company was recognized by Diversity Business for 2014, 2012 and 2011 as one of the “Top 500 African American Owned Business’ in the US”. In addition her company was honored in the Inc. 5000, as one of America’s Fastest Growing Companies for 2014. Lastly, her company was recognized by CIO Review Magazine as one of the “20 Most Promising Enterprise Security Companies in 2015″. Mrs. Magana is a graduate of the University of Illinois Urbana-Champaign with a B.S. in Engineering.