Ransomware – failing to plan is planning to fail

Ransomware is so problematic for business, government, law enforcement and tech companies that a coalition (Ransomware Task Force - RTF) proposes an “aggressive and urgent” plan.

A member of the coalition is UK’s National Cyber Security Centre (NCSC); their 2020 Review showed they handled three times as many ransomware incidents as the previous year with criminal gangs more skilled and patient. They urge businesses to think ahead:

“And since there is little an organisation can do once the ransomware hits, preparation is essential”.

More detailed guidance for businesses is here. 

RTF has produced a framework to combat the problem with up to 50 recommendations, including:

• Mandatory reporting if you pay a ransom.
• Create a recovery fund to support victims.
• Regulate cryptocurrency services.

See the BBC’s interview with a businessman who decided not to pay a ransom. 

Thanks to Rod Long from Unsplash for image.