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First Bank Academy

Protecting your business from ransomware attacks

On February 25, First Bank Academy hosted an important and very timely webinar, Protecting your business from a ransomware attack, presented by Lieberman Technologies.

Did you know:

  • Ransomware cost the world $20 billion in 2021 and is expected to rise to $265 billion by 2031.
  • The average ransom demand globally rose to $220,298 last year – up 43% compared to 2020. 
  • Indiana is on track for a 15% increase in reported cyber attacks compared to last year.
  • A 600% increase in malicious emails has been seen since the start of the COVID-19. 
  • Companies experience an average of 21 days of downtime following a ransomware attack.
  • 37% of all businesses and organizations were affected by ransomware in 2021.

In every sense, ransomware attacks reached new heights in 2021 – a trend that we don’t expect to slow down anytime soon in 2022. 

During the webinar, attendees:

  • Gained an awareness of today’s ransomware threat landscape and terminology
  • Got insight into real-life attacks from the tri-state and how they could have been prevented
  • Acquired knowledge about the importance of both physical and ransomware security
  • Learned the benefits of cyber liability insurance and if it's right for your business

To access the complimentary resources, including webinar replay, slide deck and the 5 Security Steps to Protect Your Business eBook, please complete and submit this form.

Your security and privacy matters at First Bank. Before you send us an email, please be sure that you are not sending confidential or personal information – like your account number or social security number. If you need to share this type of information with us, please call us at 1-800-538-3979.

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