David Sun, a cybersecurity expert with 25 years of experience at CohnReznick, and Annmarie Giblin, a partner at Norton Rose Fulbright specializing in cybersecurity law, discuss the alarming evolution of ransomware attacks. They highlight legal requirements for incident reporting and the importance of proactive cybersecurity measures like multi-factor authentication. The conversation also delves into the intricacies of cyber insurance, exploring coverage options and limitations. Ultimately, they emphasize rigorous training and a well-crafted incident response plan for family offices.