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K2’s Understanding Your Ransomware Risk

Course - K2's Understanding Your Ransomware Risk

Major Topics

  • Understanding how ransomware can cripple a business
  • Trends in ransomware attacks
  • Best practices for minimizing ransomware risk

Learning Objectives

  1. Distinguish between various options to mitigate risk
  2. Identify practical actions for reducing ransomware risk
  3. List examples of high-profile ransomware attacks and how they occurred

Course Description

Protecting yourself from ransomware requires more than just anti-virus software. Additional technology protections are necessary. Further, business continuity, legal and regulatory, and cybersecurity insurance considerations should all be a part of your risk abatement strategy. Attend this session to determine if your current level of ransomware protection reduces your risk to an acceptable and identify ways to ensure that you are protected.

Compliance Information

Intended Audience

Accounting and financial professionals seeking to improve data security by minimizing ransomware threats

Advanced Preparation

None

Field of Study

Information Technology

Credits

1 Credits

Published Date

August 11, 2023

Course Authors

Tommy Stephens

Woodstock, GA
Partner, K2 Enterprises

Tommy Stephens received a Bachelor of Science in Business Administration degree (Major in Accounting) from Auburn University in 1985. In 1992, he earned a Master of Science degree (Major in Finance) from Georgia State University in Atlanta. Presently, Tommy is a Certified Public Accountant, a Certified Information Technology Professional, and a Chartered Global Management Accountant. In 1995, Tommy began authoring and presenting continuing professional education courses to accounting and finance professionals. In 2003, he affiliated with K2 Enterprises, and in 2007, he joined the firm as a partner. To date, he has lectured internationally on subjects such as internal controls for small businesses, technology strategies, computer hardware and software applications, tax strategies and compliance, and financial accounting standards and applications. Over the past twenty-five years, Tommy has presented over 2,700 educational sessions to over 70,000 participants throughout the United States and Canada.

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Overview

Protecting yourself from ransomware requires more than just anti-virus software. Additional technology protections are necessary. Further, business continuity, legal and regulatory, and cybersecurity insurance considerations should all be a part of your risk abatement strategy. Attend this session to determine if your current level of ransomware protection reduces your risk to an acceptable and identify ways to ensure that you are protected.

Course Details

  • Understanding how ransomware can cripple a business
  • Trends in ransomware attacks
  • Best practices for minimizing ransomware risk

  1. Distinguish between various options to mitigate risk
  2. Identify practical actions for reducing ransomware risk
  3. List examples of high-profile ransomware attacks and how they occurred

Intended Audience — Accounting and financial professionals seeking to improve data security by minimizing ransomware threats

Advanced Preparation — None

Field of Study — Information Technology

Credits — 1 Credits

IRS Program Number

Published Date – August 11, 2023

Revision Date

Course Authors

Tommy Stephens

Woodstock, GA
Partner, K2 Enterprises

Tommy Stephens received a Bachelor of Science in Business Administration degree (Major in Accounting) from Auburn University in 1985. In 1992, he earned a Master of Science degree (Major in Finance) from Georgia State University in Atlanta. Presently, Tommy is a Certified Public Accountant, a Certified Information Technology Professional, and a Chartered Global Management Accountant. In 1995, Tommy began authoring and presenting continuing professional education courses to accounting and finance professionals. In 2003, he affiliated with K2 Enterprises, and in 2007, he joined the firm as a partner. To date, he has lectured internationally on subjects such as internal controls for small businesses, technology strategies, computer hardware and software applications, tax strategies and compliance, and financial accounting standards and applications. Over the past twenty-five years, Tommy has presented over 2,700 educational sessions to over 70,000 participants throughout the United States and Canada.

About Instructor Read Less