David Krebs is a panelist at BSides Edmonton 2023 Conference, on September 26, 2023, speaking on minimizing financial and reputational loss from Cyber Breaches/Ransomware attacks.
Cyber breaches, such as ransomware, can have devastating financial and reputational impacts for organizations. These financial and reputational risks for CFOs, and other financial and executive leaders in the organization, should raise questions regarding the preparedness of their organization on how to respond to a cyber breach. KPMG (Incident Response and Forensics), have assisted numerous clients from all sectors and sizes in the response to and recovery from cyber breaches. The learnings from these breaches are valuable to organizations to improve cyber maturity and ready incident response practices to be better prepared to respond to and manage the inevitable cyber breach. The panelists will be able to share lessons learned, best practices and current trends. The panel will also be able to comment on questions, such as when to pay or not to pay ransom demands, changes to privacy legislation, the challenges of obtaining and maintaining cyber insurance, and more.