Famous ransomware attacks teach us certain lessons to follow while ensuring cybersecurity

Famous ransomware attacks teach us certain lessons to follow while ensuring cybersecurity

  • A few days ago, Quanta Computers Inc., a primary supplier of computers and Macbooks to Apple, acknowledged being dealing with a ransomware attack.
  • A similar infamous incident took the internet by storm in July last year, the Garmin ransomware attack.
  • Various reports stated that the company paid a huge ransom to obtain an encryption key to restore the data.
  • There are many lessons that the Garmin ransomware attack teaches us.
    • Holistic Cybersecurity
      • Integrating cybersecurity to enterprise risk management, developing strong IT asset management, and a robust incident response approach will enhance security.
    • Size Does Not Matter
      • Cyberattacks are not limited to the size of a business and they can threaten any organization.
    • Attackers are Smart
    • Defense is the Only Remedy
      • Safeguarding networks, upgrading cybersecurity strategies, continuous data backups, encouraging patch management programs, regular scanning of internal and external networks, proper encryption, and authentication in place are all a company can consider while preparing itself to fight cyberattacks.
    • Attacking Customers Operations Can Be Fatal
      • Attackers knew how to make the company helpless by targeting its strong point. Businesses should be more aware to maintain good security measures in their user-friendly platforms and save sensitive user data from breaches.

| April 25, 2021