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Event
Club E: How business owners can measure and mitigate growing cyber risk
How business owners can measure and mitigate growing cyber risk
An estimated 50-60 percent of small businesses fold within 6 months after a serious cyber-attack (National Cyber Security Alliance, 2017). The average cost of even a small successful cyber-attack on a small business is around $84-155k or more (Symantec, 2017).
It is predicted that a different business will fall victim to a ransomware attack every 14 seconds in 2019. An estimated $5 billion was paid out by organizations in 2017 from ransomware attacks. Despite all this, 44% of organizations have not implemented any kind of security software that blocks ransomware. An Internet Security Threat Report analysis of ransomware code deployed in 2017 determined that the average ransom demanded in a ransomware attack is $544 per infected user (Symantec, 2017.)
As businesses grow there is huge demand to keep up with customers and business operations. This growth and operational complexity increases cyber risk and thus data and security compliance needs. This panel with address some likely cyber challenges growing business face and how to mitigate them.
Speakers:
Jeremy Swenson: Mr. Swenson has worked or consulted at 10 organizations in 7 industries on progressively complex and difficult problems in business technology including: proj. mgmt., business analysis, data archival and governance, audit, web application launch and decommission, strategy, information security, data loss prevention and board governance. From governments, banks, insurance companies, minority-owned small businesses, marketing companies, technology companies, and healthcare companies, he has a wealth of abstract experience. Impressively, the results are double-digit risk reductions, corrected strategic decisions, vetted process improvements, improved security, executive accolades, and $25+ million on average or more in savings per project. Overall his work can be tied to nearly a billion dollars of savings. He is the founder and principal consultant of Abstract Forward Consulting, a cyber security, process improvement and change management consultancy. He has an MBA from Saint Marys University of MN and an (MSST) Masters degree in security technologies from the University of Minnesota.
Sahar Ismail: Sahar has a degree in Electrical Engineering and a Masters in Security Technologies from the University of Minnesota. She has strong experience in leadership, Healthcare, Education, Finance, Service Oriented Architecture, Project Management, and International Commerce. She has been the leader of a multinational team, a team lead for a nationwide cloud solution, and a Manager of Enterprise Architecture for one of the largest online education providers. She has 20 years of hands-on IT experience, is business savvy, multi-lingual, and is the driving force behind the creation of Legacyarmour.com as CEO and Co-Founder. LegacyArmour offers a secure encrypted digital vault for important business and personal artifacts, and it provides trigger based notifications based on life events. https://www.linkedin.com/in/saharwitt
Doug Hahn: Doug was the CISO and CTO of Healthtel now Revel, and prior to that was SVP of Enterprise Architecture at Ceridian. He is an IT executive with a demonstrated history of working in information technology departments in a variety of industries. He is skilled in IT management, business process, requirements analysis, enterprise architecture, requirements gathering, IT security and agile methodologies. He is also a Certified Information Systems Security Professional. He is a strong entrepreneurial professional who has advised many small businesses on cyber security. He has a BS focused in Mathematics from University of Wisconsin.
11:15am 12:00pm: Registration and Networking 12:00pm 1:00pm: Lunch and Panel
Lunch and Parking is included in ticket price.
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LocationMinneapolis Club (View)
729 Second Avenue South
Minneapolis, MN 55402
United States
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Non-Smoking: Yes! |
Wheelchair Accessible: Yes! |
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