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Axio Launches Free Ransomware Preparedness Assessment Tool

Cyber risk management leader utilizes data from ransomware events to give enterprises visibility into their ransomware cyber posture

Axio, a leading cyber risk management Software-as-a-Service company, announced the availability of a free Ransomware Preparedness Assessment tool to give organizations detailed visibility into their cyber posture with respect to ransomware.

The assessment is based on data from hundreds of real ransomware events, guidance from the U.S. Department of Homeland Security, and Axio’s research.

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By using the Axio360 platform, users can rapidly assess and prepare for a ransomware attack, the most widespread cyber scourge of our time. The framework was designed by Axio’s research and development team, who have extensive experience building the most widely used cybersecurity maturity models for critical infrastructure.

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The output of the Axio360 Ransomware Preparedness Assessment will be accepted as supplementary evidence in support of cyber insurance applications.

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The assessment output can be used to rapidly evaluate gaps in an organization’s cybersecurity posture that make it more susceptible to big-game-hunting ransomware. These results are critical in identifying and implementing protections against ransomware and will have the secondary effect of increasing the organization’s overall cybersecurity posture. The assessment interface in the Axio360 platform includes a comprehensive reporting functionality for executive stakeholders such as the C-suite and board members. Functionality in Axio360 supports targeting, planning, and tracking improvements to ensure that they are implemented.

“The risk of a ransomware event being realized has become a prioritized concern for business leaders in 2021. In 2020, cybercriminals operated without any human decency, targeting the most vulnerable and at-risk parties, such as hospitals, scientists, and global manufacturers. The approach has become more sophisticated and life-threatening, shifting from individual targets to big game hunting, destroying enterprise backups, blackmailing victims with public leakage of exfiltrated data, and paralyzing critical systems and infrastructure,” said David White, President of Axio. “Our initiative with this free ransomware assessment tool offering is to empower companies to fully understand how their programs are performing and to rapidly prioritize improvements based on what we have seen will provide the most impact.”

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