Protect your data from malicious ransomware threats. Rise in ransomware attacks
Ransomware attacks continue expanding to multiple verticals by exploiting regulatory and compliance demands, vulnerable networks, and poor backup best practices. As the threat escalates, more verticals and businesses of all breadths are being targeted and exploited. Even with strong cyber security solutions and practices, networks are consistently penetrated. According to the Institute for Critical Infrastructure Technology (ICIT), 2016 and 2017 are expected to be years in which ransomware wreaks havoc on companies. Ransomware threats are on the rise, with “almost 40% of businesses attacked.”1
Business and IT risks of ransomware
Ransomware attacks are more than security risks. Businesses victimized by ransomware are faced with financial and technical problems—as well as damage to the company brand from which they might never recover.
The cost of the ransom, the loss of valuable IT time, and the potential downtime to mission critical applications can permanently damage a business.
Hackers retain control and access to the victim’s network for potential future attacks and charges. IT managers face recurring threats and dedicate more resources to prevent ransomware, siphoning time from crucial IT practices that are critical to the business.
Damaged company brand
Many businesses fail to report ransomware attacks to avoid a damaged reputation, client loss, and loss of market share. Yet businesses that pay ransoms or fail to back up their data eventually become victims of higher profile attacks that lead to severe damage to their brand identity and reputation in the market place.
Case study—Successful ransomware defense using
The Bedford School in England was the victim of a malicious ransomware attack through a CryptoLocker virus that infected a faculty member’s computer and encrypted all files. The school lacked the resources to pay the hefty ransom and could not afford additional downtime to their networks.
The IT team at Bedford followed the 3-2-1 backup rule and avoided paying any ransom or losing network capabilities. We helped them restore every encrypted file quickly.
The HPE and ransomware solution
This data availability solution by and HPE is designed to combat any ransomware attempts by hackers. By following The 3-2 1 backup best practices, businesses can ensure the integrity and availability of their data. The diagram above depicts the 3-2-1 rule along with industry-leading recommendations.
Leveraging the 3-2-1 backup rule for ransomware the goal of the 3-2-1 rule is to provide customers with a data protection solution that maximizes application uptime and data
availability. With the proper execution of the 3-2-1 backup best practices, IT managers can protect their data by following our 3-2-1 guidelines: • Maintain three (3) copies of your data—the primary data and two copies— to avoid losing data to a faulty backup. • Store backup copies on two (2) different media types—such as tape, disk, secondary storage, or cloud. • Keep one (1) copy off-site—either on tape or in the cloud—in the event of local hazards or ransomware infections within the network.
The data availability solution is a fully integrated solution comprised of existing technology. It not only enables organizations to rapidly recover from ransomware attacks, but also provides an enterprise-class data availability solution for day to-day operations. This best practice solution is both flexible and affordable and can be quickly implemented by a certified partner. Learn more about how to follow the 3-2-1 rule with Backup & Replication™ blog.