Please find and read the case MIRCOM Technologies LTD. (A): Responding to a Ransomware Attack .

In 150word please make Recommendations for Action & Justification for the case

Summary of the case : The case "MIRCOM Technologies LTD. (A): Responding to a Ransomware Attack" centers on the company's battle following a cyberattack that encrypted all of its crucial data, therefore rendering vital operations, such as manufacturing, billing, and communications, utterly inoperative. Weak cybersecurity policies and a lack of preparation, that is, without a thorough data backup or incident response plan in place, lay the foundation of the disaster. The company's leadership had to make fast decisions when confronted with a Bitcoin ransom demand: pay the money and run the danger of inspiring future attackers, or refuse and deal with ongoing operational disturbance. This example emphasizes how difficult it is to control both moral and financial hazards in a ransomware attack. The case emphasizes the need of strengthening cybersecurity infrastructure, creating quick-response plans, and training staff members to lessen the effects of next assaults. Any company trying to prevent major operational and reputation damage from events must follow these guidelines.