904 356-JOBS (5627) • Book an Appointment

904 356-JOBS (5627) • Book an Appointment

Powerhouse panel to help protect businesses from crippling ransomware attacks (Courtesy of The JAX Chamber) — Jimerson Birr, a business law firm with an overarching mission of adding value with every engagement, has assembled a dynamic panel to offer resources and tools to companies for preventing and responding to ransomware attacks in a free seminar Thursday, October 7, 2021 from 11:30 a.m. to 1:00 p.m.

A successful ransomware attack can cost a business hundreds of thousands of dollars or more in cash, plus weeks of lost productivity and temporary or permanent loss of records, information, and long-term customer trust. Companies of all sizes – even those with good IT services – have become victims, and these crimes are increasing every single day, leading business leaders to wonder what more can be done to protect their businesses.

The “Protecting Your Business from a Ransomware Attack” Seminar will include the perspectives of cybercrime forensics expert Toni Chrabot, retired FBI Special Agent in Charge and Risk Confidence Group’s CEO, Doug Lowenthal, CEO of TruTechnology, a NetGain Technologies Company, cyber insurance specialist Vicky Zelen, CEO of Zelen Risk Solutions, Trooper Adam Johnson of the Florida Bureau of Criminal Investigations and Intelligence and Florida Highway Patrol Special Services Command, and Lynne Rhode, Esq., Special Counsel for Jimerson Birr. The panel will be moderated by the firm’s managing partner Charles B. Jimerson, Esq.

The free seminar will cover topics such as ransomware and information technology, bridging the gap between people, technology and forensics, cyber insurance trends for ransomware coverage, building your legal team for ransomware protection, and trends in ransomware crimes, which will include insight on recent crimes that have garnered attention, such as the Colonial Pipeline attack that saw a $4.4 million ransom payout to regain control of its breached data and pipeline operation. Although some of the ransom payout has been recovered, the highly publicized cyber attack will likely lead to copycat crimes ranging from small to large scale attacks.

Since 2019, ransomware attacks have risen at an unprecedented rate, and it is vital for companies to be prepared to protect themselves and their data. According to the Federal Bureau of Investigation’s Internet Crime Complaint Center (“IC3”), an average of 440,000 complaints have come through the IC3 center each year for the past five years. In total, the center received 2,211,396 complaints from 2016-2020 resulting in $13.3 billion in total losses, according to the IC3 “2020 Internet Crime Report.”1 Florida is ranked second in the United States for number of victims, and fourth for total victim losses by state.

Jimerson Birr’s seminar will take place live in the second floor auditorium of the Wells Fargo Center located in downtown Jacksonville, but attendees can choose between a virtual or in-person ticket option when registering. For those attending in-person, the seminar will be followed by lunch with the panelists to allow for further discussions and networking from 1:00 PM to 2:00 PM.

“Our goal is to help our clients prosper, so we work together on proactively managing risks,” said Jimerson. “Ransomware attacks are among the top threats facing businesses across all of the industries we serve, yet there are many clear and effective strategies that can be put in place to protect against them. In our view, it is critical for companies large and small, public and private, and even those with solid IT protocols to be prepared.”

Interested business leaders can learn more or register for the seminar easily online at: https://www.jimersonfirm.com.