Ransomware attacks have been making headlines in recent years. It is a kind of malware that encrypts files on a victim’s computer and makes them inaccessible to the victim. Like other forms of malware, it also infects all connected systems. The attacker holds the encryption keys, promising to share them with the victims in exchange for ransom money. The victim can only hope to get the decryption keys by paying a ransom to the attacker or possibly from other victims or agencies that make them publicly available. Though the data remains intact, it is inaccessible until the keys are supplied so the data may be decrypted.
In today’s world, it is not feasible for businesses to ignore cybersecurity. News about cybersecurity attacks and threats is common, including the legal challenges that develop due to these attacks. Enterprises must prioritize cybersecurity as an essential pillar of productivity and organizational development, though each business will have a unique approach to improving its protocols, depending on the nature and size of the business.
The following are the six most common areas for organizations to focus on when developing or updating cybersecurity policies and regulations. Please note that the precise wording of such policies may vary from organization to organization as per the business objectives and scope.