In this podcast segment, we delve into Sophos' fifth annual State of Ransomware report, exploring significant findings and trends in the evolving ransomware landscape. We'll discuss the sharp increase in recovery costs, the strategic targeting of backups by hackers, and the evolving role of cyber insurance in ransom payments. Our discussion will provide insights into how organizations can adapt their cybersecurity measures to mitigate these heightened threats and recover more effectively from attacks.
Segment Resources: Blog: The State of Ransomware 2024 Report: https://assets.sophos.com/X24WTUEQ/at/9brgj5n44hqvgsp5f5bqcps/sophos-state-of-ransomware-2024-wp.pdf Press release: Ransomware Payments Increase 500% In the Last Year, Finds Sophos State of Ransomware Report
This segment is sponsored by Sophos. Visit https://www.securityweekly.com/sophosrsac to learn more about them!
John Shier is a Field CTO, Threat Intelligence at Sophos with more than two decades of cybersecurity experience. He’s passionate about protecting consumers and organizations from advanced threats, and has researched everything from costly ransomware to illicit dark web activity, uncovering insights needed to strengthen proactive cybersecurity defenses.
John is often consulted by press, and has been quoted in publications like Reuters, WIRED, Fortune, CNN, The Hill, Fast Co, Yahoo, and more. He’s also a frequent speaker at industry events like RSA Conference, Infosec, Cebit, Gitex, and more.
Based in Toronto, John is available on Twitter (@john_shier) and can be reached via email at [email protected].
