A large, NYC-based commercial construction firm that was being serviced by a competing technology managed services provider contacted Iron Key Group to help them with a recent ransomware incident that had severely impacted the company’s day-to-day operations. The company was frustrated by the incumbent managed services provider’s lack of initial response and empathy and had some serious concerns about the fact that this was the second ransomware attack within the last year; it did not feel confident that the incumbent provider was willing or able to help them implement a strong cybersecurity plan to protect them.
The construction company had asked Iron Key Group to help them remediate the current situation, quickly perform the necessary evaluation of their existing environment, and make the necessary recommendations to reduce the company’s cybersecurity risks and mitigate or eliminate any potential threats going forward.
Iron Key Group immediately began evaluating the construction company’s backup data to see if the data could be easily restored without having to pay the hackers’ Bitcoin ransom. Luckily, the cloud-stored data was available, and the Iron Key Group team worked with the onsite system administrator to begin restore process immediately to bring the company back to normal operations as soon as possible.
During that same timeframe, the Iron Key Group began an immediate and comprehensive cybersecurity assessment to evaluate the construction company’s overall vulnerability level. While the assessment was intended to encompass the most common cybersecurity threats in existence, the immediate focus was on the functional areas that would provide the greatest protection against ransomware and other similar malware threats:
In addition to the above, Iron Key Group completed additional reviews of the company’s environment related to such topics as Security Policies, Data Protection, Network Configuration, Mobile Technologies, Messaging, IT Operations, Asset Management, Change Management, Disaster Recovery/Business Continuity, and more.
The company’s data was restored and back to normal business operations in a matter of hours, and no ransom was paid. The cyber-security assessment yielded several High, Medium and Low Risk findings, including the fact that most company passwords were still set to their original, easy-to-guess/hack default values: “password”, “temp”, “123456”. Also, several devices had outdated or non-existent anti-virus/malware tools installed. Iron Key Group helped the construction company develop an immediate and longer-term cyber-security strategy based upon the highly probable threats and vulnerabilities that existed, the risk tolerance of the company and its overall budget considerations.
Iron Key Group connected the customer with highly capable technology partners that would enable them to get timely and quality hands-on technology-related services. This included some immediate solutions that significantly reduced their risk of falling prey to cybersecurity-related incidents:
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