Ransomware…Not If, but When
Ransomware attacks have been slowly escalating for years, as hostage-takers have used malicious code to wreak havoc on private individuals and businesses alike. When it hits your business, vital data gets encrypted and recovering from the attack could cost millions in reputation and lost revenue. So, just how prevalent these have these attacks become? Did you know that ransomware threats increased by 300% last year? And we continue to see companies like Travelex being attacked. Just this week, the Department of Homeland Security issued a warning for U.S. companies to “consider and assess” the possible impacts and threat of a cyberattack on their businesses following heightened tensions with Iran. With alarming statistics and headlines like these, it is no longer a matter of if your company will be attacked, but when.
Things get even scarier when you look at the cost of these attacks. The total estimated cost of ransomware attacks for 2019 is $11.5 billion, with an average recovery cost of $1.4 million per attack for an individual organization. It’s clear: ransomware is not only growing more frequent, but more costly as well.
Given the growing inevitability of a ransomware attack, businesses can’t just rely on cyber-security measures to prevent attacks—the reality is that one will eventually get though. It’s not enough to just have a disaster recovery plan in place. Instead, you need to transition to a cyber-resilient approach to ensure always-on service.
Cyber Resilience to the Rescue!
Cyber Resilience is the ability to prepare for, respond to, and recover from a cyber-attack once it occurs. It requires a shift in the way you think about ransomware: from preventing attacks to being prepared for the eventuality of an attack. Becoming Cyber Resilient means developing a process and culture focused on resilience instead of mere prevention. You must also have a recovery solution that guarantees access to your data, without gaps or data loss, in the event of attack so your operation is back up and running without delays. This means a shift to continuous data protection (CDP).
By relying on CDP with Zerto, data is saved in intervals of seconds, not days, by recording data as it is changed rather than on a set schedule. Then, by utilizing journal-based recovery, you can rewind servers and recover to any point in time—say, a few seconds before a ransomware attack occurred—and continue operations seamlessly and with confidence.
Join the webinar on January 15th to learn more about how Zerto’s IT Resilience Platform™ with Continuous Data Protection, and how it can help you fend off cyber-attacks and recover your data without losses.