A small company with 25 employees is attacked and its data are encrypted. The chief executive officer (CEO) does not think their insurance would cover the cost of restoration and the company would have to shut down operations for more than 3 months. As a result, they will probably going out of business. They did not spend any of their information technology (IT) budget on cybersecurity. What should they have done before this happened?

1 answer

The company should have invested in a comprehensive cybersecurity strategy that included regular security assessments, employee training, and the implementation of security measures such as firewalls, antivirus software, and encryption. They should also have had a plan in place for responding to a security breach, including a backup system for restoring data in the event of an attack. Additionally, they should have had a policy in place for regularly updating their software and hardware to ensure they were up to date with the latest security patches.