During a cybersecurity incident, one of the web servers at the perimeter network was affected...

Quarantining the server is the best action to perform immediately, as it isolates the affected server from the rest of the network and prevents the ransomware from spreading to other systems or data. Quarantining the server also preserves the evidence of the ransomware attack, which can be useful for forensic analysis and law enforcement investigation. The other actions are not as urgent as quarantining the server, as they may not stop the ransomware infection, or they may destroy valuable evidence. Shutting down the server may not remove the ransomware, and it may trigger a data deletion mechanism by the ransomware. Reimaging the server may restore its functionality, but it will also erase any traces of the ransomware and make recovery of encrypted data impossible. Updating the OS to the latest version may fix some vulnerabilities, but it will not remove the ransomware or decrypt the data. Official References:

https://www.cisa.gov/stopransomware/ransomware-guide

https://www.cisa.gov/sites/default/files/publications/Ransomware_Executive_One-Pager_and_Technical_Document-FINAL.pdf

https://www.cisa.gov/stopransomware/ive-been-hit-ransomware