The Washington CPA 2022 Winter

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Shut Out, But Not Down!

A Ransomware Response Plan of Action First reported in 1989, ransomware attacks are clearly not a new phenomenon. In 2020 alone, more than 2,000 cases were reported to the Internet Crime Complaint Center (IC3) with victims experiencing losses of more than $29 million. President Biden has called these attacks a threat to our national security and has made it a priority to stop them. If you find yourself the victim of a ransomware attack, what should you do? This checklist will explain how to respond to a ransomware incident and get on the road to recovery. This information is not intended to dissuade you from taking proactive steps to prevent a cyber ransom attack. Make sure that you are following best practices for keeping your data safe, such as keeping your computer operating system current, backing up data, staying aware of the latest security threats, investing in insurance, and having a response plan. The advice here is presented as a guide and should be implemented while consulting with IT professionals experienced in handling ransomware attacks, insurance experts, and legal counsel.

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The Washington CPA Winter 2022

www.wscpa.org


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