Written with Akamai to Protect the Sector From Ransomware Attacks
Ransomware is one of the few threats that can truly disable a financial services institution. Increasingly innovative, aggressive, and frequent, ransomware attacks can disrupt customer services, halt business operations, and damage an institution’s standing with customers and regulators.
This document aims to help the sector address ransomware threats. Using operational insight from FS-ISAC and its members, it’s particularly useful to information technology (IT) professionals, those who develop cyber incident response policies and procedures, and those who coordinate incident responses. The paper focuses on:
- Ransomware mitigation best practices
- Incident response/crisis management
- Considerations on paying ransoms
- Resources for further study
