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A ransomware negotiator shares 3 tips for victim organizations

January 18, 2023 – Published on Cybersecurity Dive

Part of the role of a ransomware negotiator is to bring calm to a situation that can feel like a waking nightmare for the victim organization.

Coordinating a response in the aftermath of such a volatile incident puts a company’s finances, reputation and longevity on the line.

“When the actual ransomware attack is occurring, I think the biggest thing is [to] take a deep breath and slow things down,” said Drew Schmitt, principal threat intelligence analyst at GuidePoint Security.

“The first knee-jerk reaction for most organizations is to kind of freak out a little bit, and rightfully so,” Schmitt said.

Ransomware groups are known to exploit human psychology as a tactical advantage, but that behavioral response can create additional work and slow time to recovery.

The psychological component can be minimized when incident responders act with a sense of urgency but in a calm and collected demeanor, according to Schmitt, who has responded to hundreds of ransomware incidents during his career.

Schmitt, who also facilitates ransomware negotiations — acting as the liaison between the victim organization and the threat actor — shares his top three tips for organizations hit by ransomware:

  1. Slow down and don’t freak out
  2. Preserve evidence
  3. Learn from the experience

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