Cybercriminals are targeting businesses of all kinds with ransomware attacks. As these attacks become more sophisticated, carrying the potential to effect a wholesale inability to access a firm's entire electronic infrastructure, ransom demands have increased — often reaching eight figures. Because these denial-of-access attacks have been so effective, making ransom payments has become mainstream in corporate America. In this article, partners Brian Daly, Marc Elovitz and Edward Sadtler discuss how managers can increase their level of preparedness for a ransomware attack. Special counsel Kelly Koscuiszka and associates Jennifer Gordon and Jaclyn Malmed assisted in the preparation of this article.