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What Should I Do if My Company Experiences a Cyber Attack?

If your company experiences a cyber attack, it is crucial to respond quickly and effectively to minimise damage and ensure business continuity.

Key steps include assessing the damage, notifying the appropriate parties, securing vulnerabilities, and communicating with stakeholders. Cyber attacks pose an increasing threat to businesses, and knowing how to respond swiftly and effectively is vital to reduce damage and ensure business continuity. 

This article provides a step-by-step guide on what to do if your company falls victim to a cyber attack, including assessing the damage, notifying the right parties, securing vulnerabilities, and managing communication with stakeholders.

Assess the Damage and Impact

The first step after detecting a cyber attack is to assess the extent of the damage. Depending on the type of attack, the consequences could range from minimal disruption to serious data breaches or financial losses.

Types of Cyber Attacks You Might Encounter

  • Phishing: Fraudulent emails aimed at stealing sensitive information.
  • Ransomware: Malicious software that locks files or systems until a ransom is paid.
  • Malware: Software intended to damage or disrupt systems, steal data, or cause other harm.
  • Denial of Service (DoS): Attacks that overwhelm systems, rendering them inaccessible.

Identifying the type of attack is crucial in determining the next steps and the appropriate response. If the attack compromises critical data or systems, it is important to act quickly to prevent further damage.

Contain the Damage

Containment is vital to stop the attack from spreading further. Here’s what you should do:

Disconnect affected systems: Disconnect compromised devices from the network to prevent the attack from spreading to other parts of your infrastructure.

Isolate the threat: If a specific system or device has been infected, isolate it immediately to limit exposure.

Stop external communications: Suspend external communications to prevent the attacker from sending additional data or gaining further control.

By isolating the affected systems early, you limit the damage and buy time to assess the attack more thoroughly.

Notify Your IT Support Team for Assistance

Once containment has been established, it is time to involve your IT support team or outsourced IT support.

Either your internal IT team or external cybersecurity company will be able to assess the breach in more detail and take appropriate action to neutralise the threat. This may involve identifying the source and method of the attack, shutting down any malicious processes, and restoring systems from secure backups.

If you do not have an internal IT support team, it’s advisable to contact a trusted external cybersecurity firm for assistance. Their expertise can significantly speed up the recovery process and ensure that your systems are secured moving forward.

Report Your Cyber Incident to Regulators, Governing Bodies, and Authorities

In many instances, businesses are legally required to report certain types of cyber attacks to regulators, governing bodies, or law enforcement. For example, in the UK, the General Data Protection Regulation (GDPR) mandates that data breaches involving personal data be reported within 72 hours.

When to Report:

  • If personal or sensitive data has been compromised.
  • If the attack has potential legal or financial implications.
  • If the attack is large-scale or could affect other organisations or industries.

Reporting the incident to the appropriate authorities not only helps prevent further harm but also shows that your company is taking proactive steps to manage the breach. Check the relevant resources, like Cybersecurity and Infrastructure Security, for guidance.

Inform Stakeholders and Employees

Cyber attacks can seriously damage your company’s reputation, so it’s essential to manage communications carefully to protect your brand image. Work closely with your public relations (PR) team to craft a transparent and professional statement addressing the attack.

 This statement should outline what occurred, what steps are being taken to rectify the situation, and any actions customers or clients should take to protect themselves. It’s also important to monitor media coverage to correct any misinformation and ensure your response is accurately portrayed. 

By communicating effectively, you can help rebuild trust with your stakeholders and customers, and demonstrate your commitment to resolving the issue swiftly.

Secure Any Vulnerabilities and Update Passwords

A cyber attack may reveal weaknesses in your company’s security posture. Once the immediate threat is contained, assess and fix these vulnerabilities to prevent future attacks:

  • Update software and patches: Ensure that all systems, software, and security protocols are up-to-date.
  • Require password changes: Enforce mandatory password changes, particularly for users whose credentials may have been compromised.
  • Review access control: Audit user access privileges to ensure that only authorised personnel can access sensitive data.
  • Ensure multi-factor authentication: If employees do not have multi-factor authentication set up already, this is essential to add in today’s world.

Strengthening your cybersecurity practices after an attack reduces the likelihood of similar incidents in the future.

changing passwords

After a cyber attack, it is recommended to ask employees and customers to change passwords immediately

Communicate with PR Teams and Departments

Cyber attacks can severely damage your company’s reputation, so it’s crucial to manage communications carefully. Work with your public relations (PR) team to:

Craft a statement: Be transparent with the public and your customers about the breach. Outline what happened, the actions being taken to resolve it, and what steps customers can take to protect themselves.

Monitor the media: Track press coverage to ensure misinformation is corrected and your company’s response is accurately communicated.

Prepare for customer inquiries: Be ready to respond to customers’ concerns and provide them with actionable steps to protect themselves.

Effective PR strategies can help rebuild trust with your customers and improve your company’s image following the attack.

Cyber attacks are becoming increasingly common and sophisticated, but having a clear response plan in place can help minimise the damage and protect your company from long-term harm.

By quickly assessing the damage, notifying your IT support team, securing vulnerabilities, and communicating effectively with all stakeholders, you can recover from a cyber attack and bolster your company’s security for the future. For more in-depth guidance on cybersecurity best practices, check out resources that are government based example National Cyber Security Centre.