Dramatic Increase in Ransomware Attacks Requires Immediate Attention
The threat of ransomware attacks on SaaS Data is at an all-time high and is top-of-mind for IT and cybersecurity professionals. According to the ESG Ransomware Study, every sixth company experiences a ransomware attack weekly, and every third company plans to spend significantly more on ransomware preparedness in the next 12-18 months.
Readiness is crucial to ransomware mitigation, yet significant gaps exist for most companies. According to ESG’s report, only 15% of respondent organizations are fully prepared for an attack. In this study, ESG research connects the dots for how organizations can prepare for an attack using recommended planning and best practices.
What Can I Learn from the Report?
79% of respondent organizations report having experienced a ransomware attack within the last year. IT leaders, cyber security, and IT professionals alike are deeply concerned about these attacks, their impact, and the strategies to protect their organizations against ransomware threats.
Key questions addressed in the study:
- How frequent are ransomware attacks?
- How can you prepare your organization for such an attack?
- What are the best ways to prevent data loss in case of a data breach?
- What are some common obstacles (and solutions) in securing proper security controls?
- What are granular restores and air-gapping and how can they protect your data?
- How can you minimize recovery time in the event of a ransomware attack?
- How can third-party backup prepare your organization for potential cybersecurity threats?
The report will help you to:
- Understand the measures some organizations have in place to defend against ransomware threats.
- Examine the state of ransomware mitigation best practices along with readiness, prevention, response, and recovery stages.
- Segment levels of ransomware preparedness for all key defense phases.
- Identify priorities and plans associated with mitigating the ransomware threat in the upcoming 12-18 months.
Backup is King for Cyber Recovery
In the event of a ransomware attack, third-party cloud backup provides optimal security for your data in that it mitigates the ability for cyber criminals to “reach” backups. Many organizations favor restoring data from air-gapped (isolated) data storage centers since such data is immutable to ransomware.