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It’s the much-awaited Thursday night of the week and you’re thinking of spending a relaxing weekend. You’re ready to go to bed and wake up on a carefree Friday morning when your phone rings. You get an awesome message from your IT manager – your company has been hit by a ransomware attack.
Not only will it ruin your vacation, but you’ll also have to make a decision. And your decisions can affect your company’s long-term operations, regulatory and reputation within seconds, minutes or hours.
WHAT SHOULD YOU DO NOW?
According to the Sophos State of Ransomware 2021 report, 66 percent of manufacturing and manufacturing organizations admit that the sophistication of cyber attacks will increase in 2021. So the issue of fear of cyber attack is not an if or but now.
As cyber attacks become more common and their complexity increases, many enterprises are leveraging cyber security as a ‘Cyber Security as a Service (CSIS)’ approach. It is a security model where outsourced experts provide security solutions on demand.
By using such services, organizations can ensure the ability to detect, diagnose and respond to threats 24/7. It can also detect and respond (MDR) which serves as a key feature of CISS.
There is only one way to solve MDR though. However, to fully benefit from the CISS model, organizations need to have a detailed response plan. With the help of MDR and a holistic response plan companies can build a complete security operation, which will protect them against acute and powerful threats.
Here are five key steps to developing the right response plan to achieve strong internal alignment and streamlined collaboration:
1) Be Agile: Remember, some elements of an incident response plan will require a flexible approach. Even with a solid plan in place, organizations must be able to adapt to the evolution of new threats and modify their incident response plans accordingly.
2) Prioritize cross-team collaboration: Everything in an organization is affected by a cyber attack. Therefore, it is important to ensure that all teams – including finance, legal, marketing, PR and IT – are involved in the decision-making process and risk assessment.
3) Maintain a good IT environment: A strong and clean IT environment reduces the risk of incidents. Therefore, it is important to address unusual vulnerabilities such as open Remote Desktop Protocol (RDP) ports and regularly check them to control security issues.
4) Keep Hard Copy of Incident Response Plan: Make sure you have a printed copy on hand to deal with any untoward incident. If a company is attacked, digital copies of that strategy should be encrypted.
5) Leverage the experience of MDR experts on the spot: Even the most experienced internal security teams can get tremendous industry insights from the MRD operations team and learn how to negotiate with active attackers. Those associated with these services are specially trained to deal with specific threats and know how to respond quickly and efficiently.
Written by Prottoy IT
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