Cost of ransomware recovery too high? Here’s how to stop footing the bill
It’s no secret that recovering from a ransomware attack can be costly.
Last year, ransomware attacks cost organizations globally an estimated $57 billion, and this already eye-watering figure is expected to jump to $275 billion by 2031.
Unfortunately for organizations, ransomware attacks are no longer a question of if or when, but rather how many times they will occur.
But while you might not always be able to prevent incoming ransomware attacks completely, what organizations can consistently control is how they respond. And this response will have a big impact on your final ‘ransomware bill’ when the dust has finally settled.
The many financial factors here include: do you have immutable backups in place (or do you have to consider paying the ransom), how long are operations offline, and is any data lost permanently? So, it's not just a question of ‘can you recover?’ but ‘how well can you recover?’.
...
Copyright of this story solely belongs to techradar.com. To see the full text click HERE
