Eduardo J. Ugarte
Special Agent/Inland Empire Cyber Task Force - Federal Bureau of Investigation
LOSS PREVENTION EXECUTIVE SUMMIT
TUESDAY, SEPTEMBER 25, 2018
EMERGING CYBER THREATS – RANSOMWARE AND BUSINESS EMAIL COMPROMISE
Two major threats are impacting businesses and government agencies across the world without discrimination. These two major cyber threats are business e-mail compromise and ransomware. Unfortunately, the losses are currently in the billions of dollars and climbing every day due to lack of awareness, training and proper mitigation strategies.
Ransomware has existed for some time, but has been on the rise since 2015. It’s estimated that ransomware costs businesses approximately $75 billion a year; a loss that can be prevented with the right training and an efficient disaster recovery plan.
Another emerging financial cyber threat is business e-mail compromise. Organized crime groups have targeted large/small companies, organizations in every U.S. state and more than 100 countries around the world.
This one-hour informative presentation will focus on the FBI’s cyber program nationwide, current trends, the anatomy of a cyber-attack, key statistics and most importantly how to protect yourself and your organization from a ransomware and business email compromise attack.