Coaching & Mentoring

Conclusion: Ransomware attacks are becoming increasingly common and Australian organisations have experienced several high-profile incidents in 2020. While the preferred option is to recover from backups, organisations may find that this is not feasible either because of the scale of the compromise or that backups themselves are compromised. While the decision to pay a ransom is complex and poses significant risks, it should be explored in parallel with the recovery from backup.

Conclusion: Ransomware attacks have been in the news lately with Toll, Talman, Travelex and Manheim Auctions all having their day-to-day operations completely shattered. Many pundits and security product vendors are touting their initiatives to help an organisation defend itself against such an attack.

Despite all best efforts, there is no 100 % guaranteed defence against succumbing to a ransomware attack. So rather than investing still more funds in defensive products, it is well worthwhile creating a strategy to allow a rapid recovery or reestablishment of service after being struck by an attack.

It is possible to develop some strategies, all relatively inexpensive apart from time, that will position an organisation to have an excellent chance of quickly returning to normal productivity after a ransomware attack.