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A Ransomware Tale: A Data Breach Story

A RANSOMWARE TALE: A DATA BREACH STORY

Cost Free
Presentation Length 1.0 hour

Recorded DateDecember 2, 2022
CPE:Not available
(archived webinars do not offer CPE credits)
Course LevelBasic
Series: Cybersecurity
Course Description

Cybersecurity is a strategic business enterprise risk. Double extortion ransomware is the latest iteration of cybercrime that keeps the C-suite up at night. The gaps in your privacy program are laid bare in a ransomware situation. 

What do you do when your IT director calls and tells you your network has been encrypted and there is a ransom note demanding $500,000? Did the threat actor exfiltrate data? Do you contact the threat actor, and how do you negotiate? What do you tell your customers and employees while you try to get your network running again? When do you call law enforcement? How long will your forensic investigation take? Will the attorney general knock on your door? 

Join Justin Daniels, a cybersecurity SME and business attorney, as he weaves for you a data breach tale that has become commonplace in 2021. He will be joined by Jodi Daniels, CEO of Red Clover Advisors and privacy professional. Jodi and Justin will discuss the people, processes, and technology needed to improve your chances of not becoming the next ransomware tale.

Learning Objectives:


  • Identify best approaches to triage a cyber situation, especially when most companies are ill-prepared

  • Recognize how to manage forensics, customers' concerns, ransomware negotiation, and law enforcement stakeholders

  • Identify how to navigate the state breach notification law and if CCPA or HIPAA applies

  • List the considerations in tackling cyber insurance

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Bakerdonelson

Justin provides his corporate clients a pragmatic approach to addressing cyber as a business enterprise risk at every stage in the business lifecycle. He specifically advises the C-Suite executives and boards on identifying and managing cybersecurity risk concerning mergers and acquisitions, investment capital transactions, vendor and customer contracts, and cyber insurance. He leads breach incident response teams on ransomware and wire fraud cases in industries ranging from medical IT and logistics to manufacturing.

Justin also provides strategic advice to clients regarding blockchain technology. He represents one of the largest cryptocurrency mining facilities in the country. He has helped clients create and iterate business models that address regulations, including federal and state money transmitter laws. He has extensive experience handling the power contracts and related critical infrastructure necessary to engage in cryptocurrency mining profitably.

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Jodi Daniels is the Founder and CEO of Red Clover Advisors, a boutique data privacy consultancy and one of the few certified Women’s Business Enterprises focused solely on privacy. Since its launch, Red Clover Advisors has helped hundreds of companies create privacy programs, achieve GDPR, CCPA, and US privacy law compliance, and establish a secure online data strategy that their customers can count on.

Jodi is a Certified Informational Privacy Professional (CIPP/US) with over 20 years of experience helping a range of businesses—from solopreneurs to multinational companies—in privacy, marketing, strategy, and finance roles. She has worked with numerous companies throughout her corporate career, including Deloitte, The Home Depot, Cox Enterprises, Bank of America, and many more. Jodi is also a national keynote speaker, a member of the Forbes Business Council, and the host of the She Said Privacy; He Said Security podcast.

About Our Presenter

Bakerdonelson
For 130 years, Baker Donelson has built a reputation for achieving results for our clients, both nationally and internationally, on a wide range of legal matters. While providing legal services is our focus, it is how we deliver them that sets us apart. Our goal is to provide clients with more than what they have come to expect from a law firm.

Baker Donelson commits to a deep understanding of a client's business, to enable us to anticipate clients' needs and assist in their decision-making processes. Because we offer consistent, knowledgeable guidance based on their specific goals and objectives, clients view us as a valued business partner. This allows them to focus on the growth and success of their businesses, confident their legal issues will be handled by an attentive, responsive team.