On November 10, 2016, the United States Federal Trade Commission (“FTC”) issued basic ransomware guidance (How to defend against ransomware and Ransomware – A closer look) and an accompanying video (Defend against Ransomware) to help consumers and businesses defend against and prepare to respond to ransomware attacks. The FTC’s guidance is consistent with other guidance from Canadian and United States regulators.
Ransomware attacks are a significant and increasing threat to organizations of all kinds. An organization should prepare to respond to a ransomware attack by establishing and testing a detailed incident response plan that will allow the organization to make important technical, business and legal decisions, including whether to give notice of the ransomware attack to regulators, affected individuals and other organizations.
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