Ransomware

Question

Ransomware remains a massive cybersecurity challenge for organizations today how to handle this?

Answer 1

Although there isn't a magic formula for defending a company against ransomware attacks, there are vendor suggestions and security best practices.
The Zero Trust concept should be utilized, as well as defense in depth. It is necessary to identify your important assets that, if compromised, will have a severe impact on your company. Therefore, creating security concepts across the firm is a difficult path. Building organizational security awareness is usually a vital idea in any security program. The majority of organizations invest in the newest technology without putting in place the necessary skill sets, which can lead to failures due to a lack of awareness or improper asset management.

I would advise you to take some actions to safeguard your firm against ransomware;

1- To gain the support of the business executives, align the security activities and goals with the business's goals and objectives.
2. Conduct a gap analysis to find out where you stand.
3. Adopt a cybersecurity framework (such as NIST Cybersecurity Framework, ISO27001, etc.) so you may set objectives and carry out research-based activities.
3. Adopt a cybersecurity framework (such as NIST, ISO27001, etc.) so you may set objectives and carry out research-based activities. Build the concept of cybersecurity inside your cyber team, and keep in mind that security is a concept rather than just a technology piece you acquire this is not how it operates.
5- Create a robust SOC team, Incident Response Team, and Forensic team, or outsource the service to a third party, to ensure that you are always ready for the worst-case scenario.
6- You may purchase cyber insurance to minimize financial damage.