The Financial Impact of Data Breaches: The Buck Stops Here
This session will review a cyber-attack and subsequent data breach from beginning to end. What happens during an attack and how does it result in fraud? This session will dissect an attack, looking at real-world incidents, such as the attack waged against Bangladesh Bank that resulted in the theft of $81 million, and review steps organizations can and should take to ensure they minimize the financial impact of a breach. Who are the threat actors waging these attacks and what are their motives? And how are socially engineered schemes getting the best of employees, convincing them to play right into the attackers' hands?