Ransomware attacks continue to escalate annually, prompting security analysts to advocate for strategies to combat the proliferation of malware. One recommended approach is the implementation of immutable data storage systems that are resistant to file-encrypting malware and can withstand sophisticated contemporary attacks.
A recent survey conducted by Scality revealed alarming statistics: more than one in four businesses that pay a ransom never recover their stolen data, and only 16% of ransom payments result in the return of the decryption key. This not only casts doubt on the efficacy of ransom payments but also fuels further criminal activity and the proliferation of ransomware attacks.
Thus, proactive security measures are essential to thwart such threats, with immutable data storage emerging as a critical defense mechanism. These data repositories are designed to prevent any tampering or deletion of existing data, rendering them impervious to various cyber threats.
The survey also indicated a strong willingness among IT professionals to adopt such solutions, with over 94% expressing interest in implementing them within the next three years. Already, 4% have integrated immutable storage solutions into their server environments.
In the realm of corporate cybersecurity, there is a consensus among 64% of professionals that immutable storage is imperative. However, budget constraints pose a challenge for 16% of organizations, while others remain unaware of the existence of such solutions.
Unlike traditional Network Attached Storage (NAS) systems, which rely on technologies like snapshots and deduplication, object storage solutions offer inherent resistance to malware from their architectural foundation. By safeguarding data upon its initial storage and preventing any subsequent modifications, deletions, or overwrites, these solutions are ideal for organizations reliant on sensitive data.
Considering the costs associated with cyber insurance premiums, ransom payments, recovery efforts, and hiring expertise, investing in immutable data storage becomes a financially prudent decision. Moreover, it provides a robust defense against the ever-evolving landscape of cyber threats, ensuring the security and integrity of critical data assets.
The post Immutable data storage is last line of defense against ransomware appeared first on Cybersecurity Insiders.
March 14, 2024 at 10:21AM
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