October 20, 2021

Volume XI, Number 293

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Few Organizations are Actually Preparing for a Ransomware Attack

Although executives of organizations report that ransomware is their number one security concern, and 87 percent of them expect an increase in cyber-attacks against their organizations over the next year, only one-third of them said they had conducted a tabletop exercise to prepare for a ransomware attack.

According to a survey of 50 executives, Deloitte found that although ransomware and cyber-attacks remain a top concern for executives, 54 percent of the executives surveyed stated that the organization had an incident response plan, but not specifically for a ransomware attack. Further, only one-third had actually conducted an internal simulation of a ransomware attack in order to prepare for such an eventuality.

Ransomware is not going away. One way to prepare for it is to conduct a tabletop exercise with your Incident Response Team. The most effective tabletop exercises in our experience are ones in which the team cannot prepare, is thrown into a scenario that has actually happened, and which the team has to work through, just like in real life. Such exercises are effective and eye-opening. When we conduct tabletop exercises, incident response teams have take-aways that they had never thought of before, and each member of the team understands their responsibility and the next steps if an incident occurs. The first tabletop exercise can be built upon to diminish the chaos that can happen when a security incident or ransomware attack occurs.

Now is the time to schedule your tabletop exercise to test your Incident Response Plan and your team.

Copyright © 2021 Robinson & Cole LLP. All rights reserved.National Law Review, Volume XI, Number 259
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About this Author

Linn F. Freedman, Robinson Cole Law Firm, Cybersecurity and Litigation Law Attorney, Providence
Partner

Linn Freedman practices in data privacy and security law, cybersecurity, and complex litigation. She provides guidance on data privacy and cybersecurity compliance to a full range of public and private clients across all industries, such as construction, education, health care, insurance, manufacturing, real estate, utilities and critical infrastructure, marine, and charitable organizations. Linn is a member of the firm's Business Litigation Group and chairs its Data Privacy + Cybersecurity Team. She is also a member of the Financial Services Cyber-Compliance Team (CyFi ...

401-709-3353
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