Axio announced the expansion of its free Axio360
Ransomware Preparedness Assessment tool. In light of recent cyber attacks at
Colonial Pipeline and other critical infrastructure operators, Axio has
released an updated version of its tool that helps leaders illuminate the gaps
in their cybersecurity posture that directly cause increased susceptibility to
ransomware attacks. Users can leverage these insights within Axio360 to
accurately quantify the financial damage that could occur to drive more
comprehensive cyber risk management.
"Ransomware is a top concern for business and government leaders
as cyber criminals become more sophisticated with big-game-hunting ransomware
that destroys enterprise backups, blackmails victims with public leakage of
exfiltrated data, and paralyzes critical systems and infrastructure," said
David White, President and Co-Founder of Axio. "Leaders must assume that they
will experience a ransomware event at some point during their tenure. It's
imperative for these leaders to understand their security gaps to prioritize
improvements and investments, while also analyzing the financial impacts
stemming from ransomware for overall cyber risk management and transfer through
insurance."
The assessment tool was developed based on guidance from the
National Institute of Standards and Technology (NIST), the Department of Homeland
Security (DHS), the Federal Bureau of Investigation (FBI), and Axio's Cyber
Research Team that has analyzed thousands of real-world ransomware events.
The Axio360 Ransomware Assessment Tool helps users quickly assess
and prepare for a ransomware event irrespective of industry, organization size,
and geography. The tool helps security teams:
- Prioritize and focus on the most critical security
controls to prevent, contain, and limit the ransomware blast radius
- Map their programs to the most recently published guidance from the
DHS and the FBI in response to the Colonial Pipeline ransomware attack
- Track and manage the implementation of program
improvements through the Axio360 platform
- Establish benchmarking, which allows an organization
to see how they compare against their peers
- Publish comprehensive reports of program maturity and
effectiveness for other executive stakeholders, including the C-Suite and
Boards of Directors.
The output of the Axio360 Ransomware Preparedness Assessment will
be accepted as supplementary evidence in support of cyber insurance
applications. For more information on how to secure your organization and
improve your cyber risk management, access all of Axio's free tools here: https://learn.axio.com/free-tool.