Check Point Software Technologies : Cyber Security Summit Boston - Online (English)

In 2020, there was an unprecedented growth in ransomware attacks and this trend shows no signs of slowing down. Rather, these attacks are evolving and becoming more harmful as cyber criminals become more organized and effective. It is predicted that in 2021, businesses will fall victim to a ransomware attack every 11 seconds with an estimated cost of over $20 billion - 57 times more than in 2015, making ransomware the fastest growing type of cybercrime.

As a result, companies are transitioning from the traditional "trust but verify" method and implementing a Zero Trust model, requiring all users to be authenticated and continually authorized in order to be granted access and maintain access to company data and applications. By leveraging various technologies & techniques such as multifactor authentication, IAM, least privilege access, and microsegmentation, the Zero Trust model reduces the risk of a ransomware attack and minimizes the potential damage from a breach.

This panel will highlight where enterprises are most vulnerable to becoming a victim of ransomware and how utilizing a Zero Trust model minimizes this risk. Industry experts will discuss best practices to avoid a ransomware attack including adapting the Zero Trust model, what to do if your company is being held for ransom, ways to mitigate the damage caused by an attack, and how to recover afterwards.