ARTICLE
14 July 2017

Ways To Prevent & Prepare For Ransomware Attacks

B
BakerHostetler

Contributor

Recognized as one of the top firms for client service, BakerHostetler is a leading national law firm that helps clients around the world address their most complex and critical business and regulatory issues. With five core national practice groups — Business, Labor and Employment, Intellectual Property, Litigation, and Tax — the firm has more than 970 lawyers located in 14 offices coast to coast. BakerHostetler is widely regarded as having one of the country’s top 10 tax practices, a nationally recognized litigation practice, an award-winning data privacy practice and an industry-leading business practice. The firm is also recognized internationally for its groundbreaking work recovering more than $13 billion in the Madoff Recovery Initiative, representing the SIPA Trustee for the liquidation of Bernard L. Madoff Investment Securities LLC. Visit bakerlaw.com
Ransomware was involved in 10 percent of the 450 breaches handled by our Privacy and Data Protection team in 2016. This week's news about a global ransomware attack is another example that this trend is on the rise.
United States Technology

Ransomware was involved in 10 percent of the 450 breaches handled by our Privacy and Data Protection team in 2016. This week's news about a global ransomware attack is another example that this trend is on the rise.

Companies, governments and organizations around the world are grappling with what steps they should take to minimize their risks and prepare to respond.

We are currently advising clients who have been affected by this attack and thought you would benefit from these key preventive measures:

  • Address patching and risk assessment practices.
  • Develop and routinely implement employee awareness programs.
  • Train your incident response team.
  • Conduct mock breach exercises.
  • Consider establishing and funding a bitcoin wallet.
  • Vet your vendor relationships and review contracts.
  • Review and update business continuity and disaster recovery plans.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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