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Organisations in the UK have been provided with new guidance to handle ransomware incidents, a significant threat in the current cybersecurity landscape.<\/p>\n
The guidance, developed jointly by the National Cyber Security Centre (NCSC) and insurance industry bodies ABI, BIBA, and IUA, aims to assist organisations and their partners in responding effectively to ransomware attacks.<\/p>\n
Ransomware attacks involve cybercriminals gaining unauthorised access to a network, encrypting data, and demanding a ransom, often in cryptocurrency, for a decryption key.<\/p>\n
These attacks pose a serious threat to organisations, often resulting in significant disruption and potential data breaches. Increasingly, attackers threaten to release or sell stolen data unless their demands are met.<\/p>\n
However, even after paying a ransom, there is no guarantee that the criminals will delete or not sell the data later.<\/p>\n
The new guidance emphasises the importance of careful decision-making and planning. It suggests that organisations thoroughly assess their options before deciding to pay any ransom, which may not guarantee recovery of access or data.<\/p>\n
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