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The Association of Corporate Counsel (ACC) is the world's largest organization serving the professional and business interests of attorneys who practice in the legal departments of corporations, associations, nonprofits and other private-sector organizations around the globe.

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June 27, 2022 | 1:00 PM - 2:00 PM GST

Overview (Program Summary)

A review of ransomware trends & understanding your organisation’s capability to respond to an incident

In the first half of 2021, globally ransomware attacks were up over 148% , which is more attacks than the last ten years combined. With the average ransom demand exceeding $10,000,000, coupled with down-time of around 21 days for the business, as well as the threat of data extorsion increasing the risk to exposure of corporate and personal data, ransomware is a clear and present danger to any organisation.

As in-house counsel, there are steps that you can take to assist your company prepare for and limit, or even prevent, a ransomware attack. Proactive in-house counsel is valuable in-house counsel. So how can you assess your organisations readiness?

In this session, William Brown, Director at Control Risks, will discuss how the recent events involving Russia and Ukraine are impacting organisations and the threat posed by ransomware, how developments in the level and cover of cyber insurance is impacting the cover available and what you can and need to do to understand your organisation’s capability to respond in the event of an incident.

 


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