Incident Response and Ransomware: How Is Your Business Handling Security Incidents?

You only have three days to submit payment or else your data will be lost forever…does this sound familiar to your business? Financially motivated cybercrimes happen often, but did you know that one of the most common ones that businesses will face is ransomware? Given the prevalence of ransomware, your business should have a clear incident response plan in case of such threats. If you don’t have a solid plan in place, or if you aren’t sure what your business should be looking out for, we have you covered.  

In this blog, we are going to discuss the different types of ransomware your business could come across, how to handle security incidents if they were to arise, and how AI (artificial intelligence) and ML (machine learning) could potentially play a big role in helping your business respond to these attacks. Let’s get started! 

Types of Ransomware 

Ransomware is malicious software that can encrypt a file or computer system and demand a payment in exchange for restoring access to corrupted data. It is crucial to initiate an effecti