Ransomware threats and ransomware attacks have been rising across the globe and cybercriminals are targeting everyone, from small businesses to larger businesses. No one is safe. It is estimated that every 14 seconds there is a ransomware attack and that the costs of ransomware will exceed $1.85 million per attack in 2021.

But what is the solution? To protect against these attacks, businesses have started adopting cloud backup and recovery solutions but do they really protect against ransomware? Let’s find out.

Is Cloud Backup & Recovery Effective Against Ransomware?

Ransomware works by encrypting files of the victim and holding them hostage until a ransom is paid, which is usually in Bitcoin as Bitcoin payments can not be tracked. Cloud backup and recovery is a great solution against ransomware but it is magically not protected against ransomware, at least not at its original state.

Cloud backup and recovery is affordable, easy to implement and is secure. Probably one of the biggest advantages of cloud is that it is highly secure. While cloud is a larger target of ransomware attacks, cloud can also efficiently protect against ransomware attacks if used effectively through a reliable vendor.

In other words, to protect against ransomware in the cloud, businesses must understand the shared responsibility model of cloud computing.

Cloud is Not Immune to Ransomware but Cloud Backup & Recovery Can Help

Cloud is a great resource but just like other solutions, it is not immune to ransomware attacks. However, with a reliable cloud backup and recovery solution, businesses can protect themselves from ransomware.

Cloud backup and recovery can efficiently back up mission-critical data and protect it against cyber threats. The reason why this is so effective is because backups are stored off-site. So, even if malware enter the business network, backups would be safe and can be easily recovered as they are offsite.

One recommended approach for cloud backup and recovery is that instead of backing up files to one cloud, it is better to utilize multiple clouds simultaneously to expand protections and reduce risk of data loss without drastically increasing costs. This in return will also improve the recovery times as well.

Other than this, a dedicated cybersecurity and disaster recovery strategy is also vital in order to ensure reliable and efficient protection and recovery of data. This way, gaps and threats are more easily identified and businesses will also have a better sense of their Recovery Time Objectives (RTOs) and Recovery Point Objectives (RPOs) which would enable a more targeted disaster recovery strategy leading to efficient recovery of data.

Conclusion

Cloud backup and recovery is a great solution for fending off ransomware attacks and offers efficient recovery of data. Businesses can use cloud backup and recovery strategy to protect from ransomware attacks and improve their RTOs and RPOs which in return would help in business continuity.