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In Cybersecurity, the Agility and Speed of Small Banks is an Advantage

FS-ISAC

As a financial services cybersecurity professional who has worked on three continents for large multinational institutions, I understand the advantages and challenges for security departments at banks both large and small. This is a problem in a cybersecurity landscape defined by rapid change. Effectively Presenting Cyber Risk.

Banking 59
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Cyber Ransoms – Should I Pay?

Plan B Consulting

Beazley, the specialist insurer, found that the average ransomware demand in 2018 was more than $116,000, but this was skewed by some very large demands. This was the same for insurance companies if they were involved in payments as well. The ransom paid by the USA local government, Jackson Co., The median was $10,310.

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Cyber Ransoms – Should I Pay?

Plan B Consulting

Beazley, the specialist insurer, found that the average ransomware demand in 2018 was more than $116,000, but this was skewed by some very large demands. This was the same for insurance companies if they were involved in payments as well. The ransom paid by the USA local government, Jackson Co., The median was $10,310.