Backups are an essential part of any solid anti-ransomware strategy. In fact, research shows that the median recovery cost for ransomware victims that used backups is half the cost incurred by those that paid the ransom. But not all data backup approaches are created equal.
A separate report found that in 93% of ransomware incidents, threat actors actively target backup repositories. This results in 75% of victims losing at least some of their backups during the attack, and more than one-third (39%) of backup repositories are completely lost.
What makes one backup strategy better than another? It starts with immutability, but there’s much more to the story.
Ransomware continues to wreak havoc
According to a recent Veeam Ransomware Trends report, 85% of organizations suffered at least one cyberattack in the past 12 months. The report surveyed 1,200 IT leaders whose organizations suffered at least one ransomware attack in 2022. The participants included companies of all sizes from 14 different countries across APJ, EMEA and the Americas.
One of the most notable findings in the study is that team leaders are acutely aware of a disconnect between IT backup teams and security teams. In fact, 70% of backup administrators and 59% of security professionals believe team alignment needs either “significant improvement” or a “complete overhaul.”
Why do these teams sense a wide alignment gap? One reason might be that only 16% of survey respondents said they got their data back and avoided paying the ransom. Also, 21% paid the ransom and never recovered their data. Meanwhile, 59% paid the ransom to get their data back.
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