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CompuCom, a top-50 ranked US managed service provider (MSP), declared in late-March 2021 that it experienced a significant ransomware attack that disrupted its service delivery capabilities for 16 days. The company estimates it will spend up to $20 million and lose up to $8 million in revenue due to the attack.
This event is yet another reminder that no company is immune to cyberthreats and that cybersecurity must be at the top of every CIOs priority list; even for those working alongside CISOs. It also puts the spotlight on third party risk, but that’s a topic for a different article.
Today I’ll share six tips from one of Dataprise’s security pros on typical ransomware attacks and baseline actions to mitigate risk:
Action: Utilize an advanced endpoint protection solution that stops online extortion.
Action: Implement Dark Web Monitoring to ensure compromised user credentials are found quickly and action is taken.
Action: Reduce the likelihood of phishing breaches by implementing a next-generation endpoint solution with threat intelligence to scan and block malicious attachments. Additionally, ensure users undergo regular phishing training via simulations with in-the-moment training.
Action: Know your data and protect it accordingly. Data classification enables organizations to know where sensitive data resides and implement the necessary controls.
Action: Ensure you have a backup strategy for recovery. If you rely on the Microsoft 365, ensure your data is backed up outside of the Microsoft Cloud.
Action: A SIEM provides deep visibility into security events and allows organizations to connect the dots following a ransomware attack for future risk mitigation.
At Dataprise we deliver advanced security solutions from next-gen endpoint protection to managed SIEM + 24×7 SOC so reach out if you’d like to talk with one of our vCISOs.
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