The Real Costs of Ransomware in 2021, 2022, & Beyond – Mike Campfield – ESW #251
Ransomware: the problem that everyone is talking about, yet somehow continues to get worse with each passing year. In 2021, the cost of ransomware to global businesses is estimated to reach a whopping $20B. The problem has reached such a critical mass that it can no longer be cast away as some unknowable IT problem––everyone from cyber insurance providers to the federal government have taken note. ExtraHop VP, GM of International and Global Security Programs Mike Campfield joins Security Weekly for a retrospective on ransomware in 2021, shares his predictions on how it will evolve in 2022 and beyond, and what controls enterprises can put into place to build their resilience to the growing threat.
This segment is sponsored by ExtraHop Networks.
Visit https://securityweekly.com/extrahop to learn more about them!
Announcements
In an overabundance of caution, we have decided to flip this year’s SW Unlocked to a virtual format. The safety of our listeners and hosts is our number one priority. We will miss seeing you all in person, but we hope you can still join us at Security Weekly Unlocked Virtual! The event will now take place on Thursday, Dec 16 from 9am-6pm ET. You can still register for free at https://securityweekly.com/unlocked.
Guest
Mike Campfield is the new Chief Revenue Officer (CRO) at Uptycs. Mike comes to Uptycs from Safeguard Cyber where he was the CRO. Mike has helped scale many prominent technology companies such as Documentum, FireEye, ExtraHop, and EMC. Mike lives in Rhode Island with his wife, two teenage children, and three dogs. Mike loves to compete and you will often hear him quoting famous athletes and coaches (or a random movie reference).