The impact of a ransomware attack goes far beyond the hefty ransom fee.
Don’t let your company fall victim to malicious actors. Let Xact IT Solutions set up proper defenses for your enterprise.
Your best defense against ransomware attacks is a comprehensive incident response plan. It eliminates half-baked responses and emergency decisions. A clear strategy also stops anyone in your organization from making expensive mistakes.
Xact IT Solutions will develop a Ransomware Response Plan that covers preparation, response, and recovery. Unlike other catch-all cybersecurity services, this playbook is specific to a ransomware attack. You’ll bar ransomware from your systems. Should criminals infiltrate it, the plan gives you the highest chance of getting your data back at the lowest cost.
No part of your system is left unprotected. You receive updated security patches to prevent malicious actors from compromising your networks. We also assist in training your workforce to detect and report phishing activities and suspicious network behavior. Moreover, your company establishes a robust backup for valuable company information.
Our team monitors detection channels for data breaches and quickly validates any attack. Not all malware incidents come from ransomware. If the incident is a confirmed ransomware attack, our team proceeds to containment and remediation.
Our IT experts analyze the scope of the attack and identify the compromised data. The infected systems are quickly isolated to contain the effects of the ransomware. Based on the analysis results, we employ mitigation measures to eradicate the ransomware from the network. If eradication is successful, we restore the affected network systems from a clean backup.
We launch a full data forensics investigation and generate a comprehensive incident report. This includes an assessment of the severity of the damage. As part of the ransomware response plan, we also ensure that the malicious actors left no trace that would launch another attack.
Our team stays on top of existing and emerging cyber threats, especially ransomware. Our extensive expertise enables us to diffuse serious attacks and keep your data intact.
Your business will receive proactive protection, executed from different detection channels. A big part of the response plan is to set up defenses that fend off hackers.
Should your business experience a ransomware incident, cybersecurity experts will respond on your behalf. Expect immediate and effective remediation.
Apart from ransomware response plans, we provide cybersecurity services at all levels, from simple fraudulent emails to complex malware.
A ransomware attack is a cybersecurity incident where malicious actors gain access to your company’s valuable data and hold it hostage for ransom. The attackers encrypt the files and demand a ransom for the decryption key.
We can’t answer this with certainty because different businesses face different levels of risk, depending on their industry, size, and current cybersecurity fortifications. However, based on general figures, more than half of cyber attacks target small businesses, which, unfortunately, find it difficult to recover from these attacks.
In addition, enterprises report more ransomware attacks every year. In 2021, a ransomware attack disrupts one business every 11 seconds—an increase from 14 seconds in 2019 and 40 seconds in 2016.
The fee ranges from thousands to millions of dollars in serious attacks. Cybercriminals extort this much because they can access most of the company’s valuable systems.
Ransomware incidents are becoming more sophisticated by the day, and attackers continually craft ways to get more out of a business. It’s more cost-effective to prepare a response plan instead of simply paying off the attackers.
A company is not just paying the ransom fee; it also incurs downtime costs and spends a significant amount on restoration procedures. The company also has to ensure that the cybercriminals left no traces that could grant them future access into the systems and start another ransomware attack.
It pays to be prepared with a ransomware incident response playbook.
Yes, there are. Some infections come from cyber attackers who hope that the targets are pressured to pay the ransom before conducting any research and finding out that the ransomware strain is outdated.
Some of the tools we recommend are Avast’s Free Decryption Tools, Kaspersky Lab’s No Ransom List, and Heimdal Security’s Free Ransomware Decryption Tools.
However, these tools are still limited. The best protection is the one designed by a cybersecurity expert.