In the wake of the Colonial Pipeline hack, businesses all over the world are getting a very loud reminder that they could be next to be compromised by a ransomware intrusion. For many, it’s not an ‘if,’ but a case of how and when. Even multinational businesses with comprehensive cybersecurity protocols in place are vulnerable. So, what should businesses do to mitigate the impact of a serious breach, prevent data loss and avoid extortion?
In April 2020, the Global Cyber Alliance (GCA) and the Ransomware Task Force (RTF), a newly formed consortium of U.S. software companies, security vendors and government agencies, came together to produce a series of recommendations to combat the rising threat of ransomware. The report included nearly 50 actionable steps for both industry and government to adopt to reverse the trajectory of ransomware attacks.
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