Ransomware - The Cost Beyond Your Payment

<p>In this episode, Sean Mahoney, Stanley Li and James Watson discuss the latest US Dept of Treasury advisory on potential sanctions risks for facilitating ransomware payments.</p><p>Why the OFAC (Office of Foreign Assets Control) is watching.</p><p>The rumour about why Garmin didn't engage with their ransomware attackers directly.</p><p>The importance of ESG - Environmental and Social Governance</p><p>Canadian Internet Registration Authority report says 90% of people will avoid companies that have been breached.&nbsp;</p><p>The ethical dilemma - should hospitals pay ransomware?</p><p>The 3 things small and mid size businesses need to have in place to protect themselves from a Ransomware attack.</p><p>Ransomware used to be a 'last thought' from hackers after breaking into a network. Now its the primary source of 'easy money' for them.</p><p>The Hiscox report said 350 firms (16%) reported paying ransoms off the back of a malware or ransomware attack. Why the real numbers are much higher.</p><p>How researchers figured out how to put ransomware on a coffee maker.</p><p>There is good news..&nbsp;why tools and open-source resources have never been more cost-effective to protect infrastructure from attackers.</p><p>The #1 cheapest way to protect yourself from hackers.</p><p><em>Sponsored by Netswitch Technology Management - </em><a href="netswitch.net" rel="noopener noreferrer" target="_blank"><em>netswitch.net</em></a></p>