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Prevention from ransomware attacks the right way

Technologies evolve constantly which affects both how we access data and the different ways that data can be threatened. There are so many ways to lose your data today from accidental deletion, hardware malfunction and new viruses and ransomware. The days of all of your business data residing in one location are long gone. Cloud-backup services and on-premises IT environments are merging. IT is rapidly evolving and your backup solution should evolve too.

Ransomware is listed as the major threat to businesses worldwide. According to the report, an annual loss of more than 525 million US dollars due to cybercrime. The ransomware attacks grow each year and the threat of losing files is also growing.

Biggest Ransomware Attacks of recent years:

Not long ago there was a ransomware attack back in 2017. The destruction caused by the ransomware attacks brought the people to alarm. Then ransomware was identified as the major threat to businesses with mission critical data and applications.

WANNACRY

Occurred on 12th May 2017 struck the hospitals of United Kingdom. A note was received to pay $300 in Bitcoin as ransom. In total, WannaCry affected more than 300,000 organizations worldwide.

PETYA

The news of NotPetya broke on the 27th June. The Ukraine power distributors confirmed that the hacking attacks affected their systems.

BADRABBIT

The Kaspersky Lab revealed that the new ransomware is targeting Russian organizations. It has smaller scale operation which demanded 0.5 Bitcoins.     

The only way to save your files and build up a ransomware-proof IT environment is to acquire a reliable backup and disaster recovery solutions.   

Aftereffects of a Ransomware attack

Ransomware attacks are catastrophic and they ruin the enterprises to maximum. The companies are unable to continue their operations. The data is inaccessible and it costs large amount of money. The companies usually have two options if they don’t have reliable means to recover the data.

  1. They can pay the ransom and get their data back.
  2. They don’t pay the ransom and lose all of their data.

In both the case they are at the loss.

Financial Losses:

Due to the ransomware the businesses have to pay ransom and it is usually in thousands and millions of dollars. The ransom depends on the company which is the victim.

Business Discontinuity:

If the ransom is not paid there is no way to recover the data. It depends on the field of the organization that how much damage will be caused if data is not available for few days or hours.

Loss of Reputation:

As the data will be lost, confidential information will be damaged, the reputation of your organization will be at stake. The customers will not choose the organization again as the trust is lost on the organization.

However, if the organization has an enterprise backup appliance the situation can be changed.

All of the losses which were experienced by ransomwares like WannaCry, Petya, Badrabbit etc. could’ve been easily avoided with StoneFly’s DR365™.

Eliminate Ransomware with StoneFly DR365™

DR365™ offers enterprise-level technology and software which simplifies backup and ensures business continuity. 

If the organizations have right technology they can avoid any harm through ransomware. StoneFly DR365™ offers a feature rich backup and disaster recovery solution which ensures backup, high availability, business continuity and disaster recovery. DR365™ comprises of both hardware and software which makes it easy to recover the data from any type of disasters.

DR365™ reduces Recovery Time Objectives (RTOs) and Recovery Point Objectives (RPOs) to less than 15 minutes. DR365™ delivers:

  • Enhanced value-for-money for the Backup and DR infrastructure
  • Optimized utilization rates
  • Reduced RTPOs (RTOs and RPOs)
  • Full and Instant recovery of VMs
  • Support for Microsoft Hyper-V, VMware ESX/ESXi, VMware vsphere hypervisors
  • Cloud connect backup to Microsoft Azure, Amazon Web Services (AWS) and other public clouds
  • 1-click instant recovery for enterprise workloads
  • And more

 

Prevention is better than cure so stop waiting for ransomware to happen, prepare you self and create a ransomware proof environment with StoneFly DR365™. Learn more about ransomware protection.

 

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