According to Cybersecurity Ventures, Ransomware will have an annual global impact of $265 billion by 2031, with new attacks on consumers and businesses occuring every two seconds. Ransomware criminals are continuously able to forge ahead with these attacks and maintain their accuracy as they fine tune their malware payloads and extortion ventures.
These worrying costs raise questions about what the general public truly knows about how to protect themselves and businesses against these attacks. Security awareness training is thus crucial. As such, it is estimated that this market will be worth $10 billion by 2027.
What Happens After a Ransomware Attack?
Unfortunately, businesses and governments are often severely affected after a ransomware attack which has far-reaching consequences. Sensitive data may fall into the wrong hands or even be permanently lost.
When a ransomware attack stops the business, a government, or a healthcare provider from running the effects can be devastating. Not only is there an immense financial impact and increased risk of liability, but lives may be lost in the case of attacks on healthcare providers or emergency services.
Recovering data is also an expensive endeavor, as well as the cleanup required. Unfortunately, consumer trust in the business is often shattered and reputationships are damaged significantly due to ransomware attacks.
Ultimately, the focus should not only be on preventing ransomware attacks, but also on ensuring that business operations can resume as soon as possible should an attack occur.
How EnduraData Offers Protection and Resilience Against Ransomware Attacks
Unfortunately, cyber criminals are not likely to be deterred easily due to the financial possibilities which cyber crimes afford them – especially as it’s safe to say that data has become more valuable than gold, and those who engage in ransomware attacks often have their own distribution channels.
As technology, and cyber criminal’s dedication, advances, the importance of security software will only grow. It will become increasingly necessary to find innovative and different ways of protecting digital assets.
The benefits of using EnduraData
In order to combat the potential repercussions of ransomware attacks, EnduraData ensures that there is minimized risk of data loss, financial loss, foregone revenue, missed opportunities, and stained reputations.
EnduraData also allows businesses and governments to continue with their operations in a timely fashion, and with their data recovered. Furthermore, early warnings allow them to prepare and do the necessary to ensure that they are well-prepared for a possible attack.
Users are in full control of their data while having the knowledge that the software is efficient and resilient against ransomware attacks.
How EnduraData works
EnduraData EDpCloud software uses numerous methods to protect against, and minimize the risk, of ransomware attacks. One of these methods is by creating read only copies of files before they are updated as this ensures recovery of any former versions of the files.
Another way of ensuring data recovery is by creating numerous immutable snapshots. Data is also replicated to non-Windows-related operating systems such as Linux, OpenBSD, Solaris, or other UNIX.
Transient containers are enabled so that data may be replicated to and from independent containers. Furthermore, server isolation may be scheduled so that file changes are either halted or resumed which generates an increase of snapshot protection.
Users have the ability to create alerts on their immutable files and pause, send, or receive files. They can also take their storage offline when required.
Final Take
Ultimately, in order to protect against ransomware attacks in the most effective way possible, it’s important to use multiple strategies.
According to A. El Haddi, CTO and Founder of EnduraData, “unfortunately, there is no foolproof software or system that can protect against a ransomware attack. The best we can do is to try to stay ahead of cyber criminals to the best of our abilities. EnduraData uses numerous strategies to protect data so that even if one system’s data is lost, other systems may have copies of the data and the recovery is swift”.
Get a free trial of EnduraData’s Linux data replication software today if you’d like to see how they can help protect your data and business against ransomware attacks.
