Ransomware attacks continue to rise!
and only 16% of companies that fall victim to this practice manage to recover without paying ransom.
According to VEEAM’s Data Protection and Ransomware Trends Report 2023, 85% of companies surveyed suffered some form of cyberattack in the last year. Additionally, it is evident that the frequency and sophistication of attacks are on the rise, making companies of all sizes and sectors increasingly vulnerable.
The impact of a ransomware attack is devastating to a company’s operation and reputation, in many cases irreparably affecting its credibility in the market and the trust of its customers.
According to the report, 16% of companies that suffer a ransomware attack resort to paying a ransom for their data, and about 21% of organizations that chose this option failed to recover their information.
To survive this type of attacks, VEEAM recommends the implementation of 7 good practices:
- Data resilience
- Plan a quick recovery
- Apply a multi-layer security strategy
- Monitoring emerging threats
- Automate documentation, security and testing
- Using API-based threat detection
- Planning for data centre inaccessibility
Building a ransomware recovery plan will help minimise downtime and automate the process to reduce risk.