This is a guest blog originally posted by eSentire.
While ransomware gangs and their tactical playbooks have certainly evolved to become much more sophisticated, the driving force behind the occurrence of the attacks have also changed. Gone are the days of threat actors targeting organisations to chase a payout – the cyber attacks of today are ideologically motivated, designed and orchestrated to instil chaos within society.
The repercussions of an attack are significantly higher than they were five, ten years ago. While there will always be a financial element tied to these attacks, organisations are undergoing increased scrutiny over maintaining compliance standards for data security & privacy. Should an attack occur, if they are unable to demonstrate they were compliant with these regulations, not only would organisations face significant fines but they also open themselves up to a lawsuit (or two!).
As a result, CISOs don’t have the luxury of assuming they can thwart cyber-attacks. While you should be well-equipped to prevent a ransomware attack, we recommend adopting the “assume breach” mentality, wherein you assume that your organisation will eventually get breached.
As such, organisations must do everything in their power to reduce the impact of an attack. As long as there is a clear directive and plan in how your team will act in the event of an attack, you may be able to limit the operational disruption or the financial and legal repercussions that could ensue.
To learn how Incident Response can help your organisation act fast to reduce the impact of an attack, connect with a Tecala specialist for a personalised Security Assessment by completing the form below.
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Tecala and eSentire have come together in an exclusive partnership across the APAC region. As eSentire’s sole MDR solution provider in Australia and New Zealand, Tecala will be augmenting its cyber security practice to offer clients a powerful, all-in-one cyber security service which detects, disrupts, and remediates known and unknown cyber threats.
Tecala is Australia’s #1 mid-market-focused Managed Service Provider (MSP). Coming from a consulting and advisory heritage, we have a tried and tested approach to delivering IT that ensures your technology environment is aligned with your business objectives and is continually optimised.
Our fully integrated suite of managed services includes cloud, voice and data interconnectivity, intelligent automation, and business continuity. These services are delivered by our local teams of senior consultants, architects, and engineers, who are supported 24/7 by our Australian-based SOC team of support staff.
With over 1,000 customers in 70 countries around the world, eSentire is recognised as the industry’s leading Managed Detection and Response service provider. By partnering with eSentire, Tecala are delivering an end-to-end cyber security services portfolio to customers across Australia and New Zealand, that is designed to hunt, investigate, and stop cyber threats before they become business disrupting events.
With ransomware attacks now more common than ever, having established steps that your organisation can take to prevent a ransomware attack, are now a measure you can’t afford to live without.
We enter a new cybercrime world as cooperative cybercrime experts become far more efficient than what most organisations are prepared for.
