The Real Costs of Ransomware in 2021, 2022, & Beyond – Mike Campfield – ESW #251



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Ransomware: the problem that everyone is talking about, yet somehow continues to get worse with each passing year. In 2021, the cost of ransomware to global businesses is estimated to reach a whopping $20B. The problem has reached such a critical mass that it can no longer be cast away as some unknowable IT problem––everyone from cyber insurance providers to the federal government have taken note. ExtraHop VP, GM of International and Global Security Programs Mike Campfield joins Security Weekly for a retrospective on ransomware in 2021, shares his predictions on how it will evolve in 2022 and beyond, and what controls enterprises can put into place to build their resilience to the growing threat.

This segment is sponsored by ExtraHop Networks.

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Full Episode Show Notes

The Real Costs of Ransomware in 2021, 2022, & Beyond

Guests

Mike Campfield

Mike Campfield – VP, GM of International and Global Security Programs at ExtraHop

Mike Campfield is the VP, GM of International and Global Security Programs at ExtraHop. Mike leads the Security GTM at ExtraHop and has been in Security, Risk, and Information Management for over two decades. Prior to ExtraHop, Mike was at FireEye where he held several key roles on the FireEye Threat Analytics Platform and Global Accounts teams. Mike has experience helping advise on Security program maturity and worked with many leading Security programs to enhance their incident response capabilities.

Hosts

Adrian Sanabria

Adrian Sanabria – Senior Research Engineer at CyberRisk Alliance

@sawaba

Adrian is an outspoken researcher that doesn’t shy away from uncomfortable truths. He loves to write about the security industry, tell stories, and still sees the glass as half full.

Katie Teitler

Katie Teitler – Sr. Product Marketing Manager at Axonius

@Katherinert15

Katie Teitler is a cybersecurity content creator. In her current role with Axonius, she is part of the product marketing team, helping audiences understand the value proposition of cyber asset management as it pertains to risk reduction. In past roles, Katie was an industry analyst, research director, content marketer, and freelance author, and managed content and speakers for InfoSec World, now a flagship offering of the Cyber Risk Alliance.

Tyler Shields

Tyler Shields – CMO at JupiterOne

@txs

Tyler advises, guides, and operates high tech startups primarily in the B2B security space. He is a former market analyst, engineer, product manager, marketing leader, and partnership manager. In other words, Tyler builds and grows businesses – in all aspects. He’s a board advisor, angel investor, and board member at multiple firms and an investment advisor for a venture debt business. He loves to play guitar and poker in his free time.

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