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Ransomware attacks are making headlines as more high-profile incidents disrupt business operations. Learn more as IDG shares 10 key tips on how to protect your organization.
Ransomware attacks are making headlines as more high-profile incidents disrupt the business operations of major corporations. At the same time, the cost of responding to ransomware attacks has skyrocketed. These devastating attacks cripple businesses and leave them with two choices: recover locked data through backups or pay the ransom – which can range from hundreds of thousands to millions of dollars.
The financial cost of the ransom is only part of the impact. There are also downtime costs, reputational damage, and the possibility for more extortion in the future. And, unfortunately, paying the ransom does not guarantee recovery. According to The State of Ransomware 2021 report from Sophos, more than twice as many organizations restored their data by recovering via backups (56%) than paying the ransom (26%).
The best way to ensure your data is not held hostage in a ransomware attack is with secure storage. The following practices can put you in an optimal position to best recover if hit with a ransomware attack.
Even with the best security practices in place, many organizations still fall victim to ransomware. What do you do if it happens to you? Take the following steps immediately following a ransomware attack for the best possible outcome.
After the attack is remediated, it is essential to learn from the incident and make plans to prevent a recurrence. Assess how the attack took place and determine what needs to be done to prevent another. Ensure you are ready to recover should you be attacked again.
IT best practices say you should leverage 3-2-1 to properly protect the critical data that runs your organization. That means:
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