What You Should Know About Ransomware and Developing Incident Response Plans

Larry Slusser is the Senior Director of Professional Services at SecurityScorecard, the global leader in cybersecurity ratings. In his role, he assists clients in both active and reactive cybersecurity through services including global digital forensics, incident response, and ransomware mitigation. As a retired Air Force officer, Larry partnered with technical engineers, investigators, and business and external stakeholders to sustain focus and achieve milestones. Before SecurityScorecard, he held several leadership positions at Fortune 500 companies.   In this episode… As ransomware attacks grow increasingly elaborate, companies need to develop sound incident response measures to protect their data. Yet less than 10% of incident response plans are prepared to combat these attacks, and in the event of a threat, 80% of businesses pay the ransom. So how can you optimize your response strategies to ensure maximum preparation? Larry Slusser advises developing and executing tabletop exercises to simulate an actual attack. But this exercise is ineffective without proper data analysis, so it's crucial to locate and safeguard your most valuable data. Optimal awareness and preparation require you to become educated on incident detection and response and invest in antivirus security tools. In today's episode of She Said Privacy/He Said Security, Jodi and Justin Daniels host Larry Slusser, Senior Director of Professional Services at SecurityScorecard, to discuss cyber attacks and incident response measures. Larry talks about the types of ransomware, the importance of tabletop exercises, and how companies respond to ransomware attacks.