Huntsman Security introduced new solution SmartCheck for Ransomware, an automated, on-demand diagnostic application developed to analyse the risk of a ransomware outbreak. The application captures data directly from security activities in order to report on an organization’s security posture in comparison to a set of security measures. These measures are similar to those recently recommended by the UK National Cyber Security Centre (NCSC) and the US National Institute of Science and Technology (NIST), and will provide users with assurance that they are adhering to known cyber security best practice.

SmartCheck for Ransomware tests an organization’s ransomware readiness quickly and effectively, providing a numeric score for each of the 12 security controls. As a result, companies can findout their risk exposure and modify any security policies that are needed to enhance their security posture and ransomware preparation. At the same time, the verifiable report gives higher security trust levels to third parties, such as insurers or potential partners, at a time when supply chain security is a big issue.

“To protect against ransomware and effectively manage their security risks, it is vital that senior executives have clear visibility of their cyber posture. This goes beyond annual audits to having the relevant information available whenever the organisation needs it – whether to modify security settings to improve readiness; or to verify their posture to partners or insurers. By making assessments automated and in line with established best practice, we have given organisations access to reliable security information that they can use with confidence to improve their risk management processes,” said Peter Woollacott, CEO, Huntsman Security.

SmartCheck for Ransomware is developed with much the same precision and reliability as Huntsman Security’s other defence-grade SIEM and Scorecard products, and is meant to be simple to install and use. It assesses the effectiveness of important cyber-attack prevention, containment, and restoration mitigation tactics across the course of a cyber-attack.

“As the threat of ransomware grows everywhere, organisations need to regularly assess their state of readiness. With insurers such as AIG tightening terms and raising premiums in response to the ransomware threat, organisations that can’t demonstrate adequate security precautions will find insurance terms increasingly difficult to negotiate. At the same time, organisations need to take steps to ensure that ransomware will not disrupt their operations or those of their supply chains – making assessing partners’ security posture just as important as assessing their own. Updating ransomware risk management efforts to include SmartCheck for Ransomware to better address their ever changing risk environment will put organisations in a much better position to combat the threat of ransomware,” said Woollacott.