What does your company need to protect you from ransomware? (Mitch Pettit, Gallagher)

Image 3

Cyber Security Program


Understanding what your company needs requires an in-depth initiative with your Cyber insurance Risk advisor, IT Firm, or department IT level and C-suite representatives. A simple list below will help begin the discussion on what your company needs to protect your assets and system.

 

Review Network Ins-and-Outs

Companies should use an IT asset management solution that will help show all visibility of every device on the network to help simplify when an attack hits the system.

 

Constant Monitoring

Next-generation technology is critical to preventing ransomware and other malware-based attacks. But technology alone is not enough. Human expertise, used in conjunction with next-generation technology, decreases incidents.


Transferring Risk

Cyber-Insurance, alongside cyber security implementations, is the best way to protect your company’s revenues and downtime. Gallagher has helped 1000’s of companies apply unique programs to help companies transfer away from risk to quickly return to a pre-loss state.

 

Protecting The Organization

AV (NGAV) solutions are now necessary for detecting and responding to ransomware. This is where companies protect all endpoints of the server.

 

Network-Based Zero Trust

Users inside the company and 3rd parties that need access to the server must be authenticated and continuously validated for security configuration.

 

Defenses In Place

Malware companies are ever-changing the way they breach firewalls and servers. Organizations need to prepare by reviewing their vulnerability and testing the framework, simulating a potential attack.

 

Incident-Response

If your company does not have an Incident-Response plan, that should be the first thing you implement after discussing this with your IT team. On average a company will have a 19-day downtime due to a ransomware attack. An incident-Response plan will help you react immediately to protect the remaining parts of the system.

Gallagher (Transparent)