How do you protect your business?
When a ransomware attack is discovered, every second counts. Uninterrupted, time is the ally of the attacker. As time passes, more data and files are encrypted, more devices are infected, ultimately driving up both cost and damage. Immediate—yet methodical and informed—action must be taken.
Alerting IT security teams and allowing them to launch the incident response process that they have prepared to combat ransomware should be a first step. If you have a retainer contract with a third party provider it is advisable to engage them as well. Other parties to consider contacting are federal law enforcement and regulators, depending on the local requirements for the geographies in which your company operates.
Have a plan in place with your Managed IT partner
Your Managed Service Provider for IT services (MSP) must have a plan in place to detect and contain a malware attack. You must check with them to get the information you need. It could affect your business liability insurance as well as the life of your company. A good and credible MSP will have a plan in place that includes the key areas of detection, analysis, containment, response, and recovery. If you are unsure of their capabililties, call them and ask them directly. Ransomware can cost you a great deal in lost revenue, productivity, and in some extreme cases, your business. It is your responsibility to know this but with the right Managed IT provider, you should be able to feel safe and protected.