No matter what your news media outlet is, you’ll undoubtedly see or hear a daily headline involving yet another ransomware attack resulting in the theft of digital information. Digital information comes in many forms and fashions. It is typically sensitive and private personal data, intellectual property, trade secrets, financial information, classified and confidential materials. Ransomware actors, such as terrorists, hacktivists, and cyber-criminals are relentless in their pursuit of disruption. Companies are told “it’s not a matter of if, but a matter of when” they will be attacked. In fact, every 11-seconds an organization is hit with a ransomware attack often resulting in being held hostage until they pay millions to “hopefully” get their network systems running again and data back. Adding insult to injury, federal and state regulators are stepping in with new requirements mandating companies in all sectors to address cybersecurity with little to no guidance. Failure to comply could lead to hefty fines and penalties. So, you need to ask yourself, are you really ready to recover from a ransomware attack?
In Case you Missed it
In the recent BC Cybersecurity webinar titled, “Cybersecurity Risk Management: Ransomware Planning, Response, Mitigation and Recovery,” moderator and professor Kevin Powers, J.D. Boston College tapped into industry expertise from Simon Taylor, founder and CEO at HYCU, Inc. and Doug Domin, Supervisory Special Agent, FBI (Boston Division). The discussion focused on how organizations can cultivate an effective cyber-risk management strategy, based on industry best practices, to not only plan for, but measure their readiness, to successfully respond to, mitigate and recover from an inevitable ransomware attack. And, most importantly to protect business operations, customer and employee sensitive personal data, and other confidential and proprietary information.
Furthermore, to cement the need for recovery readiness Simon highlights our new public service initiative R-Score. R-Score is a first-of-its kind assessment tool that scores an organizational ransomware recovery readiness similar to the way FICO scores credit. It gives you a simple measurable assessment of your readiness and provides recommendations for how you can make it better.
A full link to the session is available here!
To learn more about R-Score, why it's important and what you can do to improve your score, visit getrscore.org.