What to Do If Your Business Is the Victim of a Cyberattack by Remy Ma

What to Do If Your Business Is the Victim of a Cyberattack

by Remy Ma Managed Security Services

Cyberattacks are on the rise... Is your business secured?

Getting a panic call on a Monday morning with an unexpected Ransomware attack can devastate companies. Globally, small companies are experiencing a digital crisis as the latest Ransomware attack victims. Such attacks tend to leave organizations crippled; workstations are blocked, and employees cannot access their data. On top of that, attacked companies can face reputational damage if sensitive information is leaked on the Dark Web. The worst part is paying the Ransom to get your data back.

Now, the questions that arise here are:

What should the company do?
How should the company prevent attacks in the future?

Has this ever happened to you? If not, you're lucky. But what about the businesses that have been victims of a cyberattack? This blog will explain everything about what happens during a cyber-attack and what to do after a cyber-attack.

As technology continues integrating into the workplace, businesses have increasingly become targets for cyberattacks. Whether your business is a small-to-medium (SMB) or an enterprise, knowing how the company should handle an attack is critical. Here are the key steps that you should take just after a cyberattack:

Investigate Immediately

Don't let your company become a statistic. Data breaches can have severe, long-term damage - if not identified and addressed quickly. Shockingly, it takes an average of 197 days to become aware of a data breach, as per IBM's data breach report. Make sure to act fast in containing the breach as soon as you know it. Start by taking immediate steps like confirming that the data was compromised and understanding how information was accessed. Don't delay protecting yourself from further harm caused by hackers or malicious actors.

Analyze What Happened

Uncovering the details of a cyber breach is essential to prevent similar ones. To get started, experts assess what happened and when through thorough investigations with specialized tools and techniques. Your Managed Email Security Services provider can help you identify suitable providers for this activity if you are finding them for larger businesses storing more sensitive data. ACE is one such alternative accessible!

Ultimately, privy specialists must determine who had access to compromised servers at the time of the attack and how they could infiltrate into the system itself.

By looking at security data logs, logins, flags on infiltration, or information from cyber protection systems, your MSP or internal security team can help with this.

Document Everything

It's important to document all aspects of a cyberattack. This includes a few factors to record, such as:

The time and type of attack
Data stolen or compromised
Any ransom demands made by attackers
Employee contact information for those involved in the incident

Keeping detailed records can help alleviate some concerns after an attack while providing insight into future security improvements within your organization.

For optimal results, it's recommended that you hire experienced IT forensics professionals equipped with specialized tools and expertise to handle these types of investigations - so be sure to provide them with robust details ahead of time!

Understand The Impact

As a business, it's critical to quickly identify the extent of any breach and ascertain how far-reaching its repercussions could be. Uncovering who has been affected is just one side of the coin; you also need to gauge if confidential information or money was taken from customers, employees, vendors, etc.