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All issuesVolume 305, Issue 3IT NewsSecurity

3 Strategies That Can Help Stop Ransomware Before It Becomes A Crisis

CSO Online, Wednesday, August 16,2023

For those hoping to avoid the pay-or-not-to-pay ransomware dilemma, there are three things to focus on that can help CISOs: create incident response plans, improve cybersecurity posture, and invest in robust backups.

Over the past decade, the average value of ransoms demanded by hackers has gone from hundreds of dollars to hundreds of thousands -- even into the millions in some cases. With increasingly stringent regulatory requirements and CISOs being sued for not reporting a breach, the stakes of ransomware attacks are getting ever higher. But specialists say enterprises can avoid getting into such situations in the first place by creating incident response plans, improving their cybersecurity posture, and investing in robust backups of both data and infrastructure.

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