Trade Compliance

GHY discusses changes to international trade regulations and explores cutting-edge compliance strategies.

Protecting Your Networks from Ransomware

Posted August 25, 2016


As noted in a post the other day concerning emerging risks identified by executives at leading U.S. companies, the threat posed by so-called ransomware – malicious software that locks your data and extorts payment for restoring access – ranked number 5 on a list of 10 potential risks.

The growing prevalence of large-scale ransomware incidents in 2016 led the U.S. Department of Homeland Security, in collaboration with Canadian Cyber Incident Response Centre, to earlier this year issue a joint bulletin warning individuals and businesses about the problem.

This week, the U.S. Government published a comprehensive interagency technical guidance document aimed to inform Chief Information Officers and Chief Information Security Officers at critical infrastructure entities, businesses and organizations of all sizes about this important cybersecurity issue.

The publication provides an aggregate of already existing Federal government and private industry best practices and mitigation strategies focused on the prevention and response to ransomware incidents.

Click here to download the “Protecting Your Networks from Ransomware” document.