Family Business Matters

Business Email Compromise & Ransomware Prevention

UToledo Family Business Center

We've all heard horror stories about businesses being hijacked with ransomware, the software behind cyber extortion, and the hazards of business email compromise (BEC). According to an FBI report, businesses paid out $1.8 billion dollars in 2020 due to BEC, and with more people working from home, businesses are under attack! The UToledo Family Business Center and Huntington Bank hosted a webinar to discuss:

Business Email Compromise (BEC) 

·        Difference between phishing and BEC

·        BEC tactics

·        BEC Case Study

·        Detecting BEC Red flags

·        Best Practices

Ransomware Prevention

·        What is Ransomware

·        What does it look like

·        Responding to Ransomware

·        Other Impacts and the increasing threat

·        Cybersecurity Ransomware Prevention

·        What to do if you are a victim