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Tags: Business PlanningBusiness ContinuityCybercrimecyber threatsData ProtectionCloud Backup; Backup; Cloud RecoveryCloud ServicesDisaster RecoveryRansomware
Author: Darion Wisely
Date: April 5, 2024

How To Get The Jump On Ransomware: Address Cyberthreats With Comprehensive Business Continuity Planning

 

Confucius once said famously, “A man who does not plan long ahead will find trouble at his door.”  No truer words could be spoken about today’s cyberthreat landscape.  According to Cybersecurity Magazine, ransomware attacks are predicted to surge from occurring every 11 seconds now, to every two seconds over the next decade.  As such, business continuity planning has never been more significant to individuals and organizations.  What will your organization do when it finds trouble like a ransomware attack knocking at it’s front door?

 “A man who does not plan long ahead will find trouble at his door.”

-Confucius

In understanding the characteristics of cyber threats, it is vital to first understand what a malicious cyberattack might entail. Such attacks are conducted by either organized groups or lone individuals with the aim of disrupting an organization’s data integrity and availability.  This differs significantly from traditional disaster recovery scenarios, where a physical event in a data center might cause an abrupt loss of ongoing transactions and, for instance, erase data accumulated over the preceding 24 hours.  Essentially, in such cases, the loss is quantifiable, allowing for planning and successful recovery within predefined parameters known as recovery point objectives (RPOs).

However, defining a recovery point objective or the maximum acceptable data loss for cyberattacks proves indefinable. A cyberattack can result in the loss of data spanning days, weeks, or even months. Initially, the cyberattack renders the retrieval of connected data impossible, followed by the disabling or destruction of data backups and, subsequently, the production data itself. This culminates in either complete or protracted data loss, rendering standard backup recovery ineffective.

This is why traditional business continuity planning, which usually revolves around data recovery protocols within 1 or 24 hours, must now innovate in seeking alternative sources or methods for data restoration.

 

How your Business Continuity Program can help prepare for this threat

Considerations for Business Continuity Programs:

Vital Data Identification: identify, prioritize, and gain approval of the organization’s vital / must-have data requiring additional levels of data protection and assurance.

Secured Backups: maintain offline and/or immutable (unchangeable) copies of the organization’s material / vital data to help ensure clean data is available for recovery following a compromised data incident.

Data Restoration – ensure there is an isolated environment to safely restore the secured data and verify it is clean / uncompromised before restoring it back into the production environment.

Data Recreation: identify potential business continuity options to recreate the lost data through other means (i.e., manually recounting a distribution center).

Data Rebuild: identify potential business continuity options to rebuild the lost data through other means (i.e., pulling the data from alternate sources / applications / systems).

 

Summary

The cybersecurity threat landscapes are changing, and business continuity strategies need to adapt accordingly. This is where 11:11 Systems can assist with cyber focused business continuity planning.  To learn more about  comprehensive business continuity planning and other 11:11 cyber resilience services please take a look at these additional 11:11 resources:

 

Product Page:  Business Continuity Planning

White Paper:  Downtime is not an option

Customer Success Stories:

Tree Top simplifies business continuity strategy with 11:11 Systems and

Superior Credit Union transforms business continuity strategy with 11:11 Systems.

Categories: Cybercrime, Ransomware, SecurityBy Darion WiselyApril 5, 2024
Tags: Business PlanningBusiness ContinuityCybercrimecyber threatsData ProtectionCloud Backup; Backup; Cloud RecoveryCloud ServicesDisaster RecoveryRansomware
Darion Wisely

Author: Darion Wisely

With over 25 years of expertise spanning Consulting, Project Management, Operational Risk management and Business Continuity, Darion has successfully delivered tailored solutions across a wide variety of industries. Holding key roles such as Implementation Project Manager and Consulting Principal, his focus lies in developing and implementing solutions to improve enterprise resilience and reduce operational risks. At 11:11 Systems, he leads Business Continuity services, emphasizing quality, performance, and consulting leadership. His success is defined by customer satisfaction and timely, budget-conscious project delivery. Darion is a Certified Business Continuity Professional (CBCP) accredited by DRI International. Darion enjoys the outdoors and time with his family. On any given weekend he can be found entertaining his grandkids, walking his dogs, or smoking ribs and brisket in the backyard.

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