A dreaded issues an IT team has to deal with is that of ransomeware. However, PETER ALEXANDER, CMO, Check Point, offers five tips on how to avoid it.
It’s the call that IT teams dread: an employee is reporting that their PC screen is flashing red, with a message telling them that their files are encrypted and that they need to pay a ransom to get them unscrambled. What should they do next?
The actions that the organisation takes over the next few minutes, and hours, will be critical in determining just how big – or small – an impact the cyberattack will have. What’s more, a cyberattack does not only negatively impact the company’s physical IT systems: it also causes stress and puts employees under pressure too.
A recent paper from the University of Haifa found that cyberattacks have a strong psychological impact on all staff, increasing their levels of anxiety, stress and panic – which can then lead to mistakes being made, and in turn further damage.
So how should organisations go about eliminating these human, panicky and emotional reactions to cyber incidents, and develop a more coordinated, conditioned response?
Training is never in vain
A key example is the rigorous training that airline pilots are given in dealing with unexpected events: they are provided with extensive checklists and procedures that cover virtually every eventuality, from running out of fuel, to engine failure, to structural damage. And those procedures are practiced again and again, both in simulators and in flight conditions, so that in a real-time emergency situation, their response becomes an automatic reflex action. The result is that when an incident happens, the first thing the pilot and co-pilot will do is turn off the warning alarm, so that they can think clearly and start running through the appropriate checklist.
Enterprises need to undertake similar, rigorous planning to help them respond quickly and accurately to breaches or attacks. They should prepare an incident response (IR) plan, and assemble an IR team that includes all relevant internal stakeholders – such as IT and security specialists, HR and PR teams, plus in some cases, specialist external resources. Also, preparation alone isn’t enough: the execution of the plan needs to be practiced, through realistic training drills.
To help organisations develop faster, more effective responses, here are five key steps that they should follow, whether in a training exercise or in the wake of a genuine incident.
- Recognize the incident is happening
The critical first step is for staff to take the attack seriously and move swiftly, but without panic. Think of the ideal response to a fire alarm in an office building: everyone should immediately stop what they are doing and make their way to the exits without pausing to gather their possessions or empty their desks. A cyber incident should be granted the same instant attention and focus. As soon as it is identified, all staff need to be alerted, smoothly and efficiently, and given clear, calm instructions as to what to do next, whether that is simply stepping away from their desks, or shutting down their PCs or devices.
- Gather the resources you need
This means mobilizing the security tools and technology, as well as the trained staff which make up your organization’s security infrastructure, and getting them to focus on mitigating the incident. Clearly, not all staff will need to be involved in this stage, so it’s all about pulling together the right experience and expertise – fast. Your IR plan should set out which personnel need to be involved, and if any external security resources are to be used.
Of course, assembling the combination of tools and talent isn’t cheap. But the investment and time required to build effective defenses is dwarfed by the real-world costs of cyberattacks, in terms of remediation of immediate damage and subsequent fallout. The NotPetya ransomware attack of summer 2017 was estimated to have cost global logistics firm FedEx $300M in lost revenue and clean-up costs, and pharmaceutical giant Merck & Co stated that NotPetya cost it around $135M. So with companies on average experiencing two cyberattacks per week which breach their defenses, it’s clear that it’s far better to invest in preventing attacks, than to pay the far higher costs for a cure after the fact.
- Execute your IR plan
This is the active stage, in which you should work through your IR plan step by step to determine what the nature of the attack is, how it breached your defenses, how it can be isolated, and how the damage can be remediated. For organisations that do not have an IR plan to hand, it may be best to call in external specialist help at this stage: but for the future, here’s a checklist of what the plan should include, and important do’s and don’ts to follow when preparing a plan for your organisation.
Too often, organisations stop at stage three. But communication regarding the attack is vital – not only to all your internal stakeholders and employees, but also where necessary to external stakeholders such as partners, customers and investors. This is becoming a regulatory requirement. All stakeholders, both inside and outside your organisation, need to understand what has happened and what the implications are for them – in language pitched at their level of technical understanding.
This is a specialist stage, which should be left in the hands of your communications team. The recent revelations about Uber’s 2016 cyberbreach and the subsequent cover-up are a lesson in how not to communicate – and the consequences that might follow.
Once again, this is a truly crucial element of IR that is too often neglected. Every cyberattack should generate serious lessons for the organisation in question. After an attack active steps should be taken to repair the vulnerability, modify and improve the exploited process, retrain any staff that may have made a mistake, and put in place, or update the existing IR plan. Inability to learn from and take steps to improve cyber protection after suffering an attack leaves the organisation vulnerable to a similar attack occurring again.
Effective incident response is about training and practice. Developing an IR plan and keeping it updated involves work and investment – but during a cyberattack, that investment will pay dividends. Whether you decide to handle your IR internally or draw on external expertise, it’s important to make a plan now, and test it against possible attack scenarios. This will help to eliminate panic during an attack, limit the damage and fall-out from the incident and get your business ‘back to normal’ as fast as possible.
Welcome to world of 2099
The world of 2099 will be unrecognisable from the world of today, but it can be predicted, says one visionary. ARTHUR GOLDSTUCK met him in Singapore.
Futuristic structures tower over the landscape. Giant, alien-looking trees light up with dazzling colours amid the hundreds of plant species that grow up their trunks. Cosmetic stores sell their wares via public touch-screens, with products delivered instantly in drawers below the screens.
This is not a vision of the future. It is a sample of Singapore today. But it is also an inkling of the world we may all experience in the future.
Singapore was the venue, last week, of the World Cities Summit, where engineers, politicians, investors and visionaries rubbed shoulders as they talked about the strategies and policies that would enhance urban living in the future.
As part of the Summit, global payment technologies leader Mastercard hosted a small media briefing by one of Singapore’s leading thinkers about the future, Dr Damian Tan, managing director of Vickers Venture Partners. The company’s slogan “We invest in the extraordinary,” offers a small clue to Tan’s perspective.
“We look as far forward as 2099 because, as a venture capital firm, we invest in the long term,” he tells a group of journalists from Africa and the Middle East. “Companies explode in growth because there is value in the future. If there is no growth, they won’t explode.”
The big question that the Smart Cities Summit and Mastercard are trying to help answer is, what will cities look like in the year 2099? Tan can’t give an exact answer, but he offers a framework that helps one approach the question.
“If you want to look at 81 years into the future, and understand the change that will come, you need to double that amount and look into the past. That takes us to 1856. The difference between then and now is the difference you can expect between now and 2099.”
Click here or on the page link below to read on: Page 2: Soldiers and Health in 2099.
- Arthur Goldstuck is founder of World Wide Worx and editor-in-chief of Gadget.co.za. Follow him on Twitter on @art2gee and on YouTube
Street art goes electric
Kaspersky Lab and British street artist D*Face have unveiled the first-ever “art helmet” design at the Formula E finale for electric cars in New York.
The ‘Save The World’ helmets will be raced by DS Virgin Racing’s drivers, Sam Bird and Alex Lynn, as they traverse the New York street circuit during the final races of the Formula E season.
The announcement signals the first art helmet by a Formula E team, continuing the heritage of art in motorsport and the cybersecurity brand’s commitment to contemporary art, creativity and innovation. D*Face took inspiration from Kaspersky Lab’s tagline, “A Company To Save The World”, and hopes that his colourful work will inspire people to take positive action.
D*Face will announce his first-ever art car design with a custom-made livery for the DS Virgin Racing Team. Its design will be released at the “Art Goes Green” event after Saturday’s race. The helmets and art car are the latest installations in the “Save the World” collection, following a major permanent public mural that was installed in Brooklyn, New York, in May.
D*Face, whose real name is Dean Stockton, said: “It is exciting to work with Kaspersky Lab on this project and create art with a real message of hope for a better future. After all, this is our world and we need to look after it. It will take every one of us to make a real lasting, impactful change. I love the mentality of the DS Virgin Racing Team and that of Formula E by showcasing sport in a way that doesn’t harm the environment, but is still just as exhilarating and fun.
“It is time for us all to stand together and make a change… be that stopping data steals, climate change, plastic waste or using damaging fuels. I want everyone to make a pledge to do one thing that will help make a change.”
As a sponsor of DS Virgin Racing Team, Kaspersky Lab is responsible for protecting the team’s devices against cyber threats. The company sees the technical environment in the global sport of Formula E as the next frontier in furthering its research and development of new technologies to keep vehicles secure in the digital world.
Sylvain Filippi, Managing Director at DS Virgin Racing, said: “The whole team fully supports this great initiative and our thanks got to Kaspersky and D*Face for their collaboration. It’s an honour to have such an innovative artist bring his talents to bear in our team ahead of the season-finale; the car, drivers’ crash helmets and mural all look amazing.”
Aldo Fucelli Pessot del Bo, Head of Global Partnerships and Sponsorships at Kaspersky Lab added: “There is a need for innovation on a global scale, both in contemporary art and in the fast-growing sport of Formula E. Now, for the first time ever, Kaspersky Lab is proudly bringing together the two sectors in an effort to Save the World and unleash creativity, encourage freedom of expression and further innovation.”