KnowBe4 Says CryptoWall $18 Million Loss Likely Much Higher
Summary
Files and entire networks can then be held hostage by encrypting them and demanding a ransom from $200 to $10,000 to decrypt the data, preventing its use until the fee is paid using the Bitcoin e-currency. The impact to a business can be devastating.” Sjouwerman noted that the current social engineering tactic is attaching a zip file that claims to be the resume of a girl. Furthermore, we are so confident our security awareness training program works, we’ll pay your ransom in Bitcoin if you get hit with ransomware while you are a customer.” About Stu Sjouwerman and KnowBe4 Stu Sjouwerman (pronounced “shower-man”) is the founder and CEO of KnowBe4, LLC, which hosts the world’s most popular integrated Security Awareness Training and Simulated Phishing platform. KnowBe4 services 1500 organizations in a variety of industries, including highly-regulated fields such as healthcare, finance, energy, government and insurance and is experiencing explosive yearly growth of 300%. Today, Mitnick is renowned as an information security consultant and keynote speaker and has authored four books, including The New York Times best seller Ghost in the Wires.
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