Are you seeing any progress around how companies are directly addressing ransomware?
Board Member, Former CIO in Software, 10,001+ employees
I am the soon-to-be chair of the cyber subcommittee for one of my boards which is a relatively new thing. I haven't seen other boards form cyber subcommittees yet, but I expect this will be quite common because audit committees are basically full of finance people—they're CFOs. I usually chair the audit committee and it includes PWs and the auditors among other folks. They're not technically savvy, so they don’t really understand how to deal with the risk. Security, in general, has been the issue, but ransomware has gone from an obscure risk to being front and center.Senior Information Security Manager in Software, 501 - 1,000 employees
Slow. progress.Ransomware is a major threat and firms need to be prepared, which many are not.
Here's a new book on the topic worth reading: Ransomware Protection Playbook
https://www.amazon.com/Ransomware-Protection-Playbook-Roger-Grimes/dp/1119849128
Director of IT in Software, 201 - 500 employees
Progress is slow. One thing the ransomware improved was understanding the value of good and tested backup solution and indirectly it increased the backup usage.Content you might like
Slow recovery response times34%
Data availability is limited49%
Too expensive to scale effectively52%
Difficult to manage for widespread use37%
Prone to misconfiguration12%
No - There are no drawbacks7%
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Chief Information Security Officer in Software, 5,001 - 10,000 employees
As a CISO or head of security, your role should include managing capacity and communicating effectively with the executive team. When capacity constraints could prevent you from achieving your security goals, it is important ...read moreRead More Comments
Chief Information Officer in Healthcare and Biotech, 1,001 - 5,000 employees
Our quickest spend reduction came from end point standardization and the narrowing of standard equipment to a menu of options. A standard replacement scheduled was implemented allowing a reliable prediction of endpoint costs. ...read more
It saddens me to see ransomware in the news every day, especially when it hits hospitals and affects patients because of my background in biotech. It's totally avoidable, but every hospital CIO I talk to says, "We don't have the budget to change anything, but we have CrowdStrike and we paid the five million dollar ransom and that's fine."