Protect, Detect, and Recover Data From Ransomware - Quickly and Fully
You realize that ransomware pirates are laughing at your feeble castle and moat IT security - all the way to the bank. Attacks continue to proliferate with devastating effect around the world. But losing money is only part of the problem.
Almost three-quarters of ransomware attacks result in the data being encrypted.
The average ransom payment was $1.4 million in 2021—and that's on top of the business losses resulting from the extended downtime following an attack. Only eight percent manage to get back all their data.
So, what can be done to stop this ransomware epidemic?
Commvault has a solution that can protect, detect, and recover data from ransomware quickly and fully.
Start defending your business more effectively.
UGM Enterprises, Inc. can help you get started with Commvault.
What is the current state of ransomware threats?
Ransomware attacks are becoming more common and sophisticated, with 60% of organizations reporting an attack in the past year and 29% targeted at least once a week. The average ransom payment was $154,108 in Q4 2020, but only about 8% of organizations manage to recover all their data after paying. With predictions that 75% of IT organizations will face an attack by 2025, it's crucial for businesses to rethink their ransomware recovery strategies.
How can organizations effectively protect against ransomware?
Organizations can reduce their attack surface by implementing network segmentation, utilizing multifactor authentication, and ensuring that backup copies are air-gapped. Additionally, they should monitor for unusual behavior using advanced detection technologies. By adopting a comprehensive data protection strategy that includes these measures, businesses can better safeguard their data against ransomware threats.
What should companies do after a ransomware attack?
After a ransomware attack, companies should focus on rapid and complete data recovery. This involves using automated recovery processes and ensuring that all data management tasks are streamlined. It's important to have a plan that allows for the surgical deletion of suspicious files and the restoration of clean data. On average, organizations experience 23 days of downtime following an attack, so having a solid recovery strategy is essential to minimize business disruption.
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