How can SMBs keep data secure as ransomware attacks become an risk for enterprises?

How can SMBs keep data secure as ransomware attacks become an risk for enterprises?
How can SMBs keep data secure as ransomware attacks become an risk for enterprises?

Everyone who works on a computer has probably spent hours working on a report, only to have the computer hardware fail or the file become corrupted, and all the hard work is lost in an instant, never to be recovered. Try to apply this scenario to the problem of enterprise information security. When a business is suddenly attacked by a ransomware virus, important data cannot be opened, and the company may face downtime, loss of goodwill, and large financial losses.

Disaster recovery is the process of restoring an organization’s IT infrastructure and data following a natural disaster, cyber attack, or other incident that disrupts business. According to Gartner, approximately 72 percent of organizations do not have a comprehensive disaster recovery plan or strategy in place.

In recent years, almost all industries have been spared from information security breaches such as encryption ransom attacks, Trojan horses, and viruses, ranging from government agencies to publicly traded companies to small and medium-sized businesses. Enterprises today are highly digitized and have a lower tolerance for IT disruptions. Enterprises are beginning to recognize the importance of critical data and system protection in the face of malicious attacks, large-scale failures, and human errors.

According to McKinsey’s 2022 cybersecurity report, enterprises will face three major cybersecurity challenges over the next three to five years, including the risk of data leakage from remote offices, increased attack complexity due to artificial intelligence and machine learning, and a lack of sufficient information security personnel and the right mindset in enterprise organizations. According to the report, ransomware attacks have doubled every year since 2019. During the February 2020 outbreak, the number of global ransomware attacks increased by 148%, and such attacks are likely to increase in the future.

Following an attack, businesses must not only deal with information leakage and system paralysis, but also spend a significant amount of money on disaster management and rescue. The average cost of a ransomware attack on an enterprise, according to the report, is US$1.8 million. This demonstrates that enterprises face a challenge in restoring the system after a malicious attack.

How to choose a VM protection solution? Vinchin Backup & Recovery allows you to restore the entire virtual machine and all of its data from any restore point (full, incremental or differential backup) without affecting the original backup data. Backups that have been deduplicated or compressed can be restored. This is a great solution for ensuring business continuity and minimizing critical business interruptions caused by a disaster or system failure.

You can also quickly check the availability of backup data by instantly restoring a target VM to a remote location in minutes. Ensure that in the event of a true disaster, all VMs can be recovered and the data they contain won’t be lost or corrupted. Vinchin offers solutions such as VMware backup for the world’s most popular virtual environments, XenServer backup, XCP-ng backup, Hyper-V backup, RHV/oVirt backup, Oracle backup, etc.

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