Tactical And Strategic Steps For Successful Cyber Incident Preparedness

To kick-off this year's cyber awareness month, we wanted to present an article that would look back on the past year along with our experience counseling organizations, large and small across all sectors, through the ordeal of cyberattacks, data extortion scenarios and other data security incidents. The intention of this article is to set out some of key measures that could help prevent these attacks from having devastating impacts on the victim organization.

Growing importance of incident preparedness

Ransomware attacks that now usually operate on a dual extortion model (data encryption plus data extortion), as well as other cybercrimes such as social engineering and email scams, have been rapidly increasing in Canada. The Canadian Centre for Cybersecurity reported that in the first half of 2021, ransomware attacks had increased by 151% year over year. According to many sources, this trend seems to be continuing in 2022. It has certainly been our experience that