Ransomware risk should spark policies and planning

In this episode you'll hear:

• How ransomware attacks jumped 300% in 2020 over 2019.
• Ways reputational risk can be worse than the ransom demanded to unlock files.
• What cybersecurity guidance the SEC has issued.
• What advisers should be able to prove regarding how they are addressing risks.
• How to train staff to make sure they know what to do when attacked.

Related video: Putting a price tag on ransomware attacks

Guest Bios

John O’Connell is founder and CEO of The Oasis Group, which helps financial services and technology firms clearly define their target market and messaging to attract their ideal prospective customers.

Daniel Bernstein is chief regulatory counsel at MarketCounsel Consulting, a business and regulatory compliance consultancy for independent investment advisers. He’s also an attorney with the Hamburger Law Firm, a law practice focused on the securities industry.