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Ransomware Prevention – Red Team vs Blue Team

Tuesday, March 3, 2020 | 3:00 pm

Ransomware generated more than 1 billion dollars of revenue in 2018 for the global cybercriminal enterprise, costing businesses more than 8 billion dollars in damage. Ransomware attacks in 2018 were behind 56% of all worldwide malware attacks,increasing 79% over the prior year. A Business will fall victim to a ransomware attack every 14 seconds in 2019 and every 11 seconds in 2021 according to safeatlast.co. 77% of businesses that fell victim to ransomware were using up to date protections, with 30% using free security software. Criminals are targeting large and small businesses alike, TSMC’s semiconductor ransomware attack cost them $255 million, and FedEx suffered $400 million in damage from the NotPetya attacks in Ukraine. Over 140 state and local governments, police, and hospitals were held hostage by ransomware attacks, averaging 3 agencies per week. The city of Atlanta spent $17 million dollars recovering from ransomware, while Baltimore spent more than $18 million dollars to recover, and was offline for nearly a month. More than 60% of small businesses cannot recover from a ransomware attack and are at risk of going out of business.

What Attendees Will Learn About:

  1. The Evolution of Ransomware
  2. Attackers Tactics
  3. Ransomware Defensive Strategies

Speakers

George Khalil
Chief Innovation Officer, City of Riverside, CA

George holds a Master’s degree in Information Security Engineering from the SANS Technology Institute. His professional experience spans over 20 years managing networks, servers, storage and security infrastructure. George has been leading enterprise security architecture, compliance, auditing and policy development for government agencies, as well as critical infrastructure and law enforcement sectors. Before public service, he also worked for several Fortune 500’s, and Fortune 1000’s such as EarthLink Networks, SeeBeyond Technologies, and Sun Microsystems. Under George’s leadership, the City of Riverside won the 2017 program excellence award by the International City County management association for its next generation municipal cyber security program.

In addition to his experience, George is also a certified intrusion analyst, incident handler, network and systems auditor, forensic analyst, penetration tester, project manager and security expert. George has completed PCI DSS Auditing, Security Awareness Program Management, and Staff Development through Reflective Coaching. He also published several peer-reviewed papers on the topics of iOS messaging security, secure network engineering for next generation data centers, password security, project management, high throughput intrusion analysis and forensic network design. George’s data loss prevention article was featured on the cover of the July 2017 edition of western cities magazine and republished by PublicCEO.com. George presented at SANS Network Security Conferences, Southern California Mayor’s conference, City Clerk’s Association of California, Inland Empire Security Summit, Cyber Security for Critical Infrastructure, Riverside Chamber of Commerce, and is also a member of the GIAC Advisory Board.