“While the default position is to refuse paying to release data encrypted in a ransomware attack, globally, 38 per cent of organisations who suffered such attacks paid up.”
The TT-CSIRT does not have the legal authority to force any private entity to comply with its guidance. Any entity has a duty to its employees and the people they serve.
Sources suggest that as much as 215GB of data may have been exfiltrated from the company before it was encrypted.
Sixty-five percent of IT professionals surveyed did agree that their cybersecurity awareness training programs need expansion, and no one indicated a desire to reduce their current engagement.
With 8,500 security defenders protecting the platforms, tools, services, and endpoints that support our online lives, Microsoft is dedicated to thwarting advanced cyberattacks.
“We’ve got all the weaknesses we’ve always had, but we’ve got all these new areas which are providing scammers and fraudsters with a whole new range of options to attack us with enticements.”
“The best way to combat a ransomware attack is to perform regular full backups of your servers, have the latest and latest upated antivirus and anti-malware software.”
ANSA McAl Trinidad and Tobago declined to answer questions about the nature of the cybersecurity incident or whether any TT companies or services had been affected.
With more than US$1 billion paid in ransomware demands in 2016 alone and years of work lost in data that remains inaccessible, the cost of not securing networks has sharply risen in the last five years.
Above: Ransomware illustration by nicescene/DepositPhotos. Originally published in the Trinidad Guardian on May 18, 2017 The WannaCry Ransomware exploit began…
