Ransomware is growing in speed, complexity and the size of financial damage it can visit upon a victim company, amplifying questions about how to deal with such events. During the recent Incident Response Forum Masterclass 2024, partners at Alston & Bird, Latham & Watkins, FGS Global and Skadden discussed these issues and how the regulatory environment has advanced, putting additional demands on companies. This article distills their insights, including those regarding ransomware response challenges and suggested practices for achieving an effective combination of people, processes and technologies. “Ransomware Incident Response Checklist” (Apr. 26, 2023).