Blumira’s Security Advisor Series: Cost of Ransomware vs. Cloud SIEM


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Ransomware continues its relentless rampage across all industries. In 2021, the total global ransomware costs associated with data recovery are projected to exceed $20 billion (Cybercrime Magazine).

The total impact of a ransomware attack on a company can result in lost revenue due to downtime, damage to your reputation, legal and compliance fines, as well as investigation and remediation costs.

Join Blumira’s VP of Product, Jim Simpson, and VP of Ops, Patrick Garrity as they cover the cost-benefit analysis of a ransomware breach vs. investment in a cloud SIEM.

In this roundtable, they’ll discuss:

  • How the average time to detect and contain a breach can affect costs
  • How an automated detection & response platform can reduce risk and prevent a breach
  • The different types of attacks leading up to ransomware infection, and how to identify them

This interactive, conversational-style session encourages questions and engagement with viewers – so sign up today for access to our security experts.


Jim Simpson, VP of Product, Blumira

Jim Simpson, VP of Product, Blumira
Jim loves seeing security startups to success by centering products around the people who use them! Prior to Blumira, he led product management at Duo Security with a focus on user workflows and design. He also led engineering and user experience teams through growth and acquisition at Arbor Networks, a network and management security provider. He holds a patent for cloud mitigation services, and degrees in Computer Science and Japanese.

Patrick Garrity, VP of Ops, Blumira

Patrick Garrity, VP of Operations, Blumira
Patrick has years of experience in the security industry building and scaling usable security products. He currently leads Blumira’s product, sales and marketing teams. Prior to joining Blumira, he led sales engineering, product marketing and international expansion for Duo Security.

About Blumira Security Advisors Series

Blumira’s Security Advisor Series is a weekly virtual roundtable with experts in the information security and compliance industry offering insight into timely security topics. These interactive sessions encourage questions from the audience and engagement with viewers. Our mission is to bring awareness to current cybersecurity issues and provide trusted security advisors to the broader community.