Asigra: 5 Cybersecurity Best Practices for Tackling Ransomware

… direct the expert to determine the most suitable response to the specific threat. The expert can negotiate and facilitate the ransom settlement, and get the decryption tools to restore data files.

“Organizations that cannot provide required levels of cybersecurity, data and privacy protection, and other integrity assurances may be barred from doing business with certain companies which have obligations to maintain stringent data protection and privacy policies,” Kotler said. “And they will lose out on business to competitors who invest in and can provide it. Further, if your organization suffers a cyberattack, or does not adequately respond to the breach, then reputationally it can lose considerable goodwill (with customers, suppliers, regulators, employees, etc.) and may lose current and/or future business and relationships to competitors.”

“These time-sensitive events need to be addressed quickly,” said Eran Farajun, Asigra’s executive vice president. “Whether for pre-attack preparation or post-attack emergency support, it is critical to have industry experts available.”

The five cybersecurity best practices and experts will provide the best chance of making it through an event, he said.