In this insightful video, we delve into the financial impacts of ransomware on organizations. As a CISO, board member, or SOC lead, you'll learn how ransomware can lead to significant financial loss, from paying hefty ransom demands to operational downtime, data recovery efforts, legal costs, and reputational damage.
Unit 42® has helped clients manage and mitigate these losses. We share a case study of a biomedical firm whose research was severely disrupted by ransomware, underscoring that the impacts extend beyond financial loss.
The video concludes with a crucial message: Ransom demands and payments are escalating. Proactive security measures and robust incident response plans are essential to minimize the financial and operational risks associated with ransomware.