Overview of Progent's Ransomware Settlement Negotiation Consulting in Minnetonka
Ransomware Protection ExpertsProgent has experience negotiating ransomware settlements with threat actors (TAs). Negotiating an acceptable settlement is a complicated exercise that requires a mix of field experience, technical skills and business acumen. It also requires close co-operation with the ransomware victim's IT staff and the insurance provider, if any. Because the number one priority of the ransomware target is fast recovery, it is vital to deploy response groups that work efficiently, in parallel, and with intimate collaboration. Progent offers the scope of IT knowledge and the depth of experts to complement your IT staff and restore your network environment quickly and economically.

Services available from Progent's ransomware negotiation experts include:

  • Establishing the type of ransomware used in the attack
  • Identifying and contacting the hacker
  • Evaluating the recovery risk
  • Validating the TA's decryption capabilities
  • Agreeing on a settlement amount with the victim and the insurance carrier
  • Establishing a settlement amount and timeline with the hacker
  • Confirming accordance with anti-money laundering (AML) laws
  • Carrying out the crypto-currency payment to the TA
  • Acquiring, learning, and using the TA's decryptor tool
  • If necessary, contacting the hacker for assistance with the decryptor tool
In parallel with the ransom negotiations, Progent's ransomware team can help with:
  • Quarantining infected endpoints to prevent further progress of the assault
  • Making digital copies of each compromised server and endpoint and data store to allow forensics without interfering with restoration
  • Installing anti-virus agents to all virus-free endpoints
  • Restoring data from air-gapped backups or unscathed machines
  • Building a pristine environment
  • Mapping and connecting drives to match precisely their pre-attack state
After the decryption utility has been mastered, Progent can help you to recover machines and software services to their pre-arrack state. Progent can also assist you to perform comprehensive forensics and generate a document to deliver to the insurance provider. This report helps you to understand cybersecurity gaps that must be eliminated and recommends steps that can be performed to block future ransomware attacks.

Paying Exfiltration Ransoms
Beyond extorting payment for a decryption utility, modern strains of ransomware such as Ryuk, Sodinokibi, DopplePaymer, and Egregor often try to steal (or "exfiltrate") files. TAs are then able to demand an additional ransom for not divulging this information on the dark web. Unfortunately, there is no way to guarantee that stolen files have been completely deleted by the hacker. Actually, in many instances the hacker has limited control about data custody. Paying an exfiltration ransom does not free you from the necessity of engaging the advice of legal counsel, conducting an inventory of data were taken, and carrying out the necessary alerts to impacted entities. In general, paying an exfiltration ransom is not recommended.

Progent's Qualifications
Progent has provided remote and on-premises IT services across the United States for over 20 years and has been awarded Microsoft's Gold Partner designation in the Datacenter and Cloud Productivity practice areas. Progent's roster of subject matter experts (SMEs) includes professionals who have been awarded advanced certifications in foundation technologies such as Cisco networking, VMware virtualization, and major Linux distros. Progent's cybersecurity experts have earned prestigious certifications such as CISA, CISSP-ISSAP, CRISC, and CMMC 2.0. (See Progent's certifications). Progent also has top-tier support in financial and Enterprise Resource Planning application software. This breadth of expertise allows Progent to identify and integrate the undamaged pieces of your IT environment following a ransomware assault and rebuild them rapidly into a functioning system. Progent has worked with leading cyber insurance carriers like Chubb to assist businesses clean up after ransomware attacks.

Contact Progent about Crypto-Ransomware Settlement Expertise in Minnetonka
To contact with Progent about ransomware settlement negotiation expertise in Minnetonka, phone Progent at 800-462-8800 or go to Contact Progent.

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