Ransomware—malware that encrypts and possibly steals data and files from a network—poses a serious threat. Both the frequency and severity of ransomware attacks have increased dramatically in the last two years, with incidents rising by 100% since 2019 and the average payout increasing by 171%. While the ransom demand itself can be costly, the recovery can be even more expensive. The City of Atlanta spent over $17 million to recover from a malware attack that demanded $52,000.
Victims are not limited to large companies or organizations. In 2020, 20% of ransomware victims were small to mid-sized businesses, and 85% of managed service providers report ransomware as a common threat to businesses in that range. For lawyers, the danger goes beyond ransom payments and recovery costs: an attack can lock you out of your files or result in the theft of clients' sensitive information.
Join our experts as we look at strategies to decrease the likelihood of a successful attack and improve an organization's ability to recovery after one.
MCLE on demand programs are delivered completely online, underscoring their convenience and appeal. There are no published print materials. All written materials are available electronically only through a link included on the on demand program page.