“Disaster recovery and data protection will play a crucial role in 2023. With ransomware attacks constantly garnering headlines, organizations should get used to the fact that it is impossible to prevent ransomware attacks entirely. It’s a question of when their operations will be be affected by ransomware, not if. Moreover, with the rise of Ransomware as a Service (RaaS) over the past couple of years, global ransomware damage costs are predicted to exceed USD 265 billion by 2031.
The only way in which organizations can withstand the threat of ransomware is by investing in disaster recovery solutions. Disaster Recovery as a Service (DRaaS) has been on the rise for the past few years and its market size is predicted to reach USD 41.26 billion by 2030. The winner of the battle between the backup service providers and threat actors who leverage ransomware will be determined by how quickly DRaaS providers can react to potential new threats.
Organizations should prefer solutions built on the Zero Trust security model to ensure data security. When it comes to data backup and recovery, using a Zero Trust strategy will boost your data security because you’ll be authenticating both the user and the device initiating the backup. Of course, achieving Zero Trust is a long and challenging journey, but it is a must for organizations that care about data security. Zero Trust Network Access (ZTNA) is anticipated to increase by 31% in 2023 according to Gartner, making it the fastest-growing area of network security.
Another recommended strategy to meet today’s evolving threats is to implement the 3-2-1-1 backup rule—which is an update to the popular 3-2-1 rule with the extra ‘1’ covering immutable storage. Immutability will restore your data to its original, unaltered state and get you back in operation within minutes of a breach, so you can be sure that you can recover your data even after a successful attack.”
–Manikandan Thangaraj, vice president, ManageEngine
