Breakout: The CEO’s Role in a Cyber Crisis

Kathleen Duffy, CEO of the Duffy Group, discusses her company's experience with a ransomware attack. The attack exploited Microsoft Exchange vulnerabilities and led to data encryption. Despite the challenges, the company managed to negotiate the ransom down and recover most of their data. Kathleen emphasizes the importance of transparency with employees and clients, and shares the preventive measures taken post-attack, such as moving systems to the cloud and enhancing backup solutions. She advises other CEOs to take cybersecurity seriously and prepare incident response plans.

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