In “Risk Management Lessons of the WannaCry Ransomware” (Compliance Week, 23 May 2017), Austin Berglas discusses why it’s important to plan for a cyber attack and how to focus your preparations.
According to Austin, “It boils down to what the industry calls a layered approach. There is no one silver bullet that is going to save you from any of these attacks.” He notes that, “The CEO, CRO, general counsel, and board of directors all need to work together to mandate internal employee training on phishing and social engineering, and how to protect both the business and your personal life from these types of attacks.”
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