The Imperative of Immutable Backups

Understanding the Basics The Ransomware Dilemma: Pay Up or Restore-from-Backup? 

In the aftermath of a ransomware attack, organizational leaders are confronted with a challenging dilemma: either capitulate to the demands of cybercriminals and pay the ransom or try to restore their systems using backups. Despite the temptation to opt for using backups as a seemingly safer alternative, recent research sheds light on the harsh realities of the ransomware landscape.  

According to a comprehensive study conducted by Veeam, encompassing data from 1,200 organizations and 3,000 cyberattacks, it's revealed that cybercriminals, in nearly all instances (93%) of such events, direct their efforts towards compromising backup repositories to hinder recovery. This translated into 75% of organizations experiencing partial loss of their backup repositories during an attack and 39% encountering complete loss. 

Even paying the ransom doesn't guarantee a smooth path to data recovery. Despite 59% of organizations complying with ransom demands and successfully retrieving their data, a significant 21% found themselves in the position of paying the ransom but failing to recover their data from cybercriminals. These statistics underscore the unpredictability of recovering from a ransomware attack and highlight the urgent need for more robust defenses to mitigate the impact of these attacks. 

The Critical Role of Immutable Backups in Ransomware Protection 

Considering these statistics, it’s become clear that traditional backup solutions are no match for the sophisticated tactics employed by ransomware attackers. That's where immutable backups enter the picture.  

Unlike their mutable counterparts, immutable backups cannot be altered, deleted, tampered with, or modified in any way, rendering them virtually invulnerable to ransomware attacks. 

Why Immutable Backups Are Your Best Defense Against Ransomware 

• Ransomware Resilience: By leveraging immutable backups, you can thwart ransomware attacks. Since immutable backups are impervious to tampering, they serve as a reliable recovery point, enabling you to restore your systems to a pre-attack state with confidence.
• Data Integrity Assurance: With immutable backups, you can rest assured that your data remains untarnished and intact. Even in the face of a ransomware attack, your critical data assets are safeguarded from corruption or loss, ensuring business continuity as well as regulatory compliance.
• Deterrent to Cybercriminals: Immutable backups send a clear message to cybercriminals: your data is off-limits. By fortifying your backup repositories with immutable protection, you deter attackers from targeting your organization, thereby reducing the risk of costly ransomware attacks. 

The threat of ransomware looms large, but it doesn't have to spell disaster for your business. By embracing immutable backups as a cornerstone of your cybersecurity strategy, you can fortify your defenses against ransomware attacks and safeguard one of your company's most valuable assets – its data. Don't wait until it's too late - Talk to a Lazorpoint Expert today about taking proactive steps to protect your business with immutable backups.