White paper: Ransomware resiliency with the Veritas Enterprise Data Services Platform

Today, ransomware and ransomware attacks are a top concern for enterprises of all sizes and types. Cybersecurity Ventures predicted that by this year, a business will fall victim to a ransomware attack every 11 seconds, making ransomware the fastest-growing type of cyber crime. Attackers are continually evolving creative techniques to pass even the most vigilant frontline security. Old techniques like phishing are still prominent, but new sophisticated methods involving social engineering, targeting IOT devices and infrastructure vulnerabilities are gaining popularity. Therefore, it’s critical for IT teams to realise that true ransomware resiliency can’t be achieved by endpoint security alone.

And the threat is growing. CRN recently reported: “Municipal governments, universities and private businesses have spent more than $144 million responding to the biggest ransomware attacks of 2020 (so far).” Ransomware is big business, and according to data, ransomware demands have risen by 200%. Veritas recommends a pre-emptive and comprehensive approach to building and rehearsing a resiliency strategy to minimise downtime, costs and data loss.

This white paper dives into the features and functionality of Veritas solutions, but keep in mind there’s no one-size-fits-all solution. As a best practice, enterprises must develop, rehearse and consistently evaluate their strategy to evolve with technology and the sophistication of threats.