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- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Aly McDevitt2022-02-03T13:00:00
DISCLAIMER: This case study depicts a fictional cyber incident based on real-life scenarios described by expert interviewees, media reports, and other publicly available resources. While the details surrounding the characters, company, and ransomware attack are imagined, the business concerns and legal issues raised are plausible and based on actual cases.
It is impossible to quantify the comparative costs of the ransomware attack in Vulnerable Electric’s (VE) two parallel universes. According to a chief information security officer (CISO) who wished to remain anonymous, “The ransom payment almost always comes down to the recovery time cost versus ransom payment cost. The secondary factor is the public image or brand damage.”
Although VE’s two pathways start off with the same binary question—pay the ransom or not—the resultant narratives quickly splinter off in different directions with varied endings.
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News and analysis for the well-informed compliance or audit exec.
Annual Membership best value
Subscribe now for $365
Our lowest price ($1 per day) for one year.
Take this self-directed, interactive immersive study of a fictional cyber event based on real-life scenarios to deepen your understanding of the importance of crisis management planning and put you in the shoes of a compliance leader during a ransomware attack.
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