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About Our Experts

Kyle Martin

Senior Director, Customer Success & Professional Services at NAVEX Global
Kyle Martin has over a decade of experience leading risk and compliance teams across industries. He manages Customer Success and Professional Services at NAVEX, leveraging his expertise in IRM, project management, and cross-functional collaboration to optimize customer adoption, engagement, and outcomes with NAVEX’s IRM platform.

Adam Billings

Product Specialist, IRM at NAVEX Global
Adam Billings is an IRM Product Specialist at NAVEX, with nearly 10 years of experience in risk management and software. He has led over 100 implementations, worked in Deloitte’s GRC/IRM advisory, and specializes in Third-Party Risk Management, helping customers select and optimize IRM solutions for long-term success.

Ransomware Attacks in 2022: Compliance Lessons Learned

Mar 10 / IT GRC Forum

Ransomware attacks are increasing in both frequency and severity. The average ransom requested surged from $5,000 in 2018 to around $200,000 in 2020, and reports of ransomware incidents have tripled in the past year, according to FBI Director Christopher Wray. These attacks pose not only significant business risks but also legal and compliance challenges.

Even organizations operating in full regulatory compliance must be aware that paying a ransom to a sanctioned cybercriminal is prohibited. This webinar explores how to strengthen your risk-based compliance program to better prepare for escalating cyber threats.

Attendees will gain insights into emerging ransomware trends and tactics, the evolving regulatory landscape, and key considerations for managing risk while maintaining compliance. The session also covers assessing regulatory expectations and guidance, implementing proactive compliance strategies, and understanding the broader legal and operational implications of ransomware incidents.

Join us to learn how to safeguard your organization, align cybersecurity and compliance efforts, and respond effectively to today’s complex ransomware threats.