You've Experienced A Ransomware Attack - Now What? 5 Practical Steps To Take In Response To A Ransomware Attack

By now, most of you know that due to the COVID-19 pandemic and the shift to remote work, data security incidents increased both in number and severity in 2020 and show no signs of slowing down in 2021. A report conducted by the cybersecurity company, Deep Instinct, shows triple-digit increases across all malware types in 2020, including a 435% increase in ransomware attacks alone. The expenses associated with increased cybercrime are similarly skyrocketing, costing companies and insurers billions of dollars. 

What you may not know, however, is what to do when your business experiences a ransomware attack. Accordingly, the five steps detailed below describe actions that your organization should take immediately to reduce the impact of the attack.