Our team of local experts has designed a comprehensive Ransomware Readiness Assessment encompassing the key areas that are crucial in withstanding a ransomware attack, such as Backup Management, Incident Response, Network Management, Asset Management, Application Management, and Access Management. The objective of this assessment is to assess your maturity within the detection, response, and recovery capabilities that ensure your operational resilience in the event of a successful ransomware infection. Our assessment was developed using renowned world frameworks developed by NIST, ISO, and CISA while combining it with PwC’s expertise and industry knowledge.
Want to get a taste of what our Ransomware Readiness Assessment would look like? Assess your resilience and preparedness against ransomware attacks by taking our 5-minute questionnaire. The assessment includes questions about data backup practices, employee training, security measures, and incident response planning. To take the assessment, click on the banner below. The results of the assessment can help you identify areas for improvement and take steps to strengthen your defences against ransomware attacks.
The present "Ransomware Readiness Assessment" does not convey any opinion or statement from PwC towards the fulfilment of any legal or regulatory requirement by any organisation. This assessment is purely illustrative and in no situation may replace a fundated opinion, assessment or audit conducted by PwC.
Ransomware is a type of malicious software that kidnaps your data and demands payment, usually in cryptocurrency, in exchange for your data. Ransomware attacks have become increasingly common in recent years, targeting individuals, businesses, and government organisations.
Similarly, in recent years another strain of malware dubbed as “wiper malware” or “wiperware” has been observed in the wild. This form of malware is generally delivered to the victim through the same threat vectors as ransomware, however, instead of seizing data, wiperware permanently deletes it. These types of attacks can have devastating consequences, potentially paralysing the business for weeks or months.
It is essential that you prepare to fight against the threat of ransomware, not only by identifying weaknesses and implementing protective measures, but also by preparing for the worst. This means investing into detection, response, and recovery capabilities that ensure your operational resilience in the event of a successful ransomware infection.
Being prepared for a ransomware attack is essential to minimise the overall damage and quickly restore business operations. Preparing for a ransomware attack involves several key steps, including:
Regularly backing up data is one of the most effective ways to protect against ransomware. Backups should be performed frequently and stored in a secure location that is not connected to the internet or the network.
Ransomware attacks often occur through phishing emails or other social engineering tactics. Educating employees on how to recognise and avoid these types of attacks is crucial.
Implementing next-generation security measures such as threat detection and response solutions will enhance your abilities to detect a ransomware infection in its early stages.
Tried and tested incident response and business continuity plans are a must for an organisation to respond effectively to a ransomware attack, as well as to start recovering affected services should the infection spread quickly throughout the network.
Our Cyber Security & Privacy team is made up of a pool of resources with local and international experience in a wide array of cyber security domains that are key in the fight against ransomware attacks. We can help you with:
Enhance your readiness to withstand ransomware attacks with proven industry frameworks and with the help of industry professionals with vast experience
Threat intelligence, also known as cyber threat intelligence, refers to the process of collecting, analysing, and disseminating information about cyber threats and vulnerabilities. It is a proactive approach to security that involves continuously monitoring for threats, analysing the potential impact of those threats,...
Our Cyber Security and Privacy team is continuously following the latest developments on the Digital Operational Resilience Act, or “DORA”. Since its first draft developed by the European Commission in September 2020 - which we covered in a previous article - numerous important changes have been made to the Act’s...
On 24 September 2020, the European Commission published the first draft of the Digital Operational Resilience Act (DORA) as part of the Digital Finance Package (DFP). This package involves a digital finance strategy, legislative proposals on crypto assets, blockchain technology, and digital operational resilience, as...
