According to some experts, ransomware is one of the biggest cybersecurity threats facing the private sector today. It’s crucial that organizations understand the risk of being attacked and how to handle the event if it happens—including an emergency plan. How much risk am I at? Ransomware affects “everybody left, right, and center,” according to Rishika Desai, a threat researcher and technical writer at BforeAI. Experts like Paul Caiazzo, the chief threat officer at Quorum Cyber, agree with that assessment. He said that ransomware is “the most salient, pressing threat” for many organizations. “There’s not a bigger, more disruptive cybersecurity threat that your average organization is going to face,” Caiazzo said. “There are some organizations that may be more concerned about espionage-related adversaries or attacks, but the ransomware scourge is so prolific that [it] doesn’t matter what size organization you are, whether or not you think you’re a target—you are a target, even opportunistically.” Many ransomware attacks are identified and stopped before the actual ransom attempt, which makes it difficult to ascertain the attackers’ ultimate plans. However, according to Sophos Principal Threat Researcher Keith Jarvis, ransomware is “probably the largest slice” of the cybercrime pie. What’s your plan?—CN |