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10 ‘Horrifying’ Ransomware Trends And Best Prevention Methods: CISO

“Threat actors have gotten much more sophisticated and much more aggressive in their demands. Even if you hire a good negotiator to negotiate with threat actors, you‘re generally still settling for around one-third,” said Kevin McDonald, CISO and COO at Alvaka Networks.

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Backup Is Key

Going forward, McDonald said companies should, if they haven’t already, invest in a disaster recovery and backup plan. These disaster recovery plans can literally save a company.

“One of the big opportunities is to reconsider disaster recovery, as a service provider, and put in true insider protection so that it doesn‘t matter who you are, you can’t, without a second set of permissions from someone else, delete or corrupt backups,” he said. “You can’t just come in and encrypt or overwrite or delete data.”

“If you don‘t have insider protection on your disaster plan, if you’re allowing for your domain administrative super users/kingdom building account to own everything, then when the bad guys get a hold of that, which is what happens in many of these cases, guess what they have control of? The backup,” he added. “They have access to your password management, they have access to your documentation. All they do is sit around for a bit and figure out how you operate and go delete your backup.”



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