A couple of years ago, ransomware was an acute problem for organisations. Today, the risk is still there, but the severity and number of claims has eased.
However it's not time to pop the champagne, as a new and more sophisticated wave of threats are coming. Here's how to mitigate ransomware attacks in three simple steps:
Formulate a top-down strategy
Initiate a top-down approach, where boards and executives furnish precise strategic directives concerning the company's cybersecurity measures. This includes emphasising the implementation of a cyber risk management strategy, outlining associated activities and teams, establishing an educational and awareness framework, and determining budgets.
Enhance your preparation efforts by incorporating scenario analysis and carrying out workshops that simulate high-pressure situations, allowing departments to assess their responses to potential cyberattacks. Insights gained from these exercises should inform the development of internal procedures and policies.
Integrate crisis management planning
Engage all key stakeholders from technical, business, and corporate facets, and reinforce this effort with dedicated crisis management teams.