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Protecting Your Business Against Ransomware Attacks

Combatting Ransomware

To be successful, adversaries need to ensure their ransomware gains access to a target system and encrypts its files – then, they can demand a ransom from the victim. At Cadre, we don’t like when the bad guys win. That’s why we’ve compiled the information you need to keep threat actors from successful ransomware attempts.

PROTECT & PREVENT

How to Protect Against Ransomware

It’s true that even prepared organizations become the victims of ransomware attacks. However, proper preparation can dramatically decrease the negative impacts of ransomware attacks. Cybersecurity best practices against ransomware include:

Performing assessments

Risk

Risk assessments illuminate gaps in your security model, such as risk from third parties, contractors, remote working employees, and more. Even small organizations that do not have the resources for a complete framework risk assessment will benefit from a “lite” risk assessment.

Vulnerability

Regular vulnerability assessments and penetration testing can surface any weaknesses in your security posture. Assessments should also come with actionable plans to reduce risk immediately.

Learn more about our assessments.

risk assessment

Implementing a robust backup strategy

Regular backups are essential for minimizing data loss from a ransomware attack. Backup strategies should include off-premises backups, which are tested regularly to ensure backups can be restored during an attack.

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Patching software and systems regularly

Known vulnerabilities are an easy way for attackers to gain access to your network and systems. Cut off that access by implementing a patch management program that keeps all software and systems up-to-date with the latest security patches.

Training employees on phishing and more

Phishing is a common way to carry out ransomware, but it’s not the only way. Training employees based on a comprehensive Security Awareness Program will provide the best results.

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Implementing multi-factor authentication (MFA)

MFA makes it harder for attackers to use a guessed or stolen password. While it is not “unhackable,” it does add a layer of difficulty and can slow ransomware attacks.

mfa

Deploying endpoint protection

Endpoint detection and response (EDR) technology can help identify and block ransomware attacks.

endpoint protection

Segmenting your network

By segmenting your network, you can prevent the spread of malware to other parts of your network and limit exposure to critical systems and data.

 network segmentation
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Tabletop Exercises to Thwart Ransomware

Cadre pairs organizations with our Digital Forensics and Incident Response (DFIR) professionals to collaborate on tabletop exercises. Working together with your team, we collect information on current processes, policies, infrastructure information, tools, and other details to create a customized exercise that tests and evaluates your incident response process.

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Preparedness is protection.

Is your incident response plan ready to go in case of a ransomware emergency?

Detect

Detecting Ransomware

Companies can’t avoid ransomware forever. That’s why it’s essential to have your detection capabilities in order. Assuming compromise, you can use technologies that employ signature-based detection, behavior-based detection, deception-based detection, and API calls to name a few.
 
Technologies like endpoint detection and response (EDR), managed detection and response (MDR), extended detection and response (XDR), and network detection and response (NDR) can give you the visibility you need to see and stop the bad.
Respond

Responding to Ransomware Attacks

Establishing a relationship with a trusted information security advisor and setting up plans before a ransomware attack strikes will set you up for success.


Business Continuity

Keeps your business operations running with necessary resources, even during a cyberattack.

Incident Response

Enables you to quickly and effectively detect, manage, and recover from an attack to minimize damages.

Disaster Recovery

Helps you quickly redirect resources to restore data and regain access to IT infrastructure.

Under attack?

Let us help.

Important considerations for responding to an attack

  • Have a list of pre-designated individuals or groups of individuals with sole authority to declare an incident or breach.
  • Know when to reach out to your IR provider.
  • If you don’t have an IR provider, be prepared to locate one that can assist and support your needs.
  • Have designated individuals to communicate with law enforcement, your insurance company, customers, employees, and the press.
  • Know when to involve legal counsel.
  • Understand your cyber insurance policy and when to contact your provider.
  • Establish external contact methods for all parties since the network is compromised and attackers are most likely monitoring all communications.

Cyber insurance

As ransomware grows, finding and purchasing cyber insurance has become increasingly difficult – but necessary. Cadre has the resources and expert guidance to help you as ransomware pushes cyber insurance premiums higher. The resources below will help you decide if cyber insurance is right for you and why focusing on ransomware prevention is critical.

How to Reduce Your Cyber Insurance Premiums

How to Reduce Your Cyber Insurance Premiums

Read the blog
podcast

The Current State of Cyber Insurance in 2022

Listen to the podcast
Addressing Cyber Insurance Risk

Addressing Cyber Insurance Risk

 

Watch the webinar

Human error is responsible for 88% of data breaches.

Security Awareness Programs help reduce this risk and keep your data safe.

Related Resources

 

Defense-in-Depth Strategies for Ransomware Threats Webinar May 24 1000 a.m. EST

Defense-in-Depth Strategies for Ransomware Threats Webinar

Watch the webinar
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2023 Ransomware and Extortion Report

Read the report
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2023 Ransomware Survival Guide

Get your copy
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Get Support & Reduce Risk

Taking a stance against ransomware starts here. Talk to an expert to better protect your organization.