No Backups? Bad For Business
If you haven’t backed up your data, there’s not much you can do. You either ignore and try to move on without your data, or you negotiate and pay-out to the criminals, hoping they are honest to their word and return your data. In some cases, the latter may be your best, according to reports by Forrester and ZDNet.
The FBI, on the other hand, continues to discourage businesses from paying ransoms, as it directly funds increased attack vectors and comes with no guarantee. We highly recommend taking a look at the FBI’s Ransomware Prevention and Response for CISOs.
Backups Save The Data
If you did backup your data, you may be in luck.
Strategic, off-site and off-network backups are the only effective recovery methodology for ransomware. While there may be some discrepancy between your last backup and when the data lockdown occurred, most data is typically recoverable.
But Not Always The Reputation
It’s important to note that even a good backup strategy cannot replace the prevention and mitigation elements of data protection and disaster recovery programming. You may succeed in business continuity – returning to operations – but a data breach can have enormous consequences in how your clients view you and your business.
To learn more about the interesting intersection between disaster recovery, business continuity, data protection, and cybersecurity, check out our latest guidebook: The Crossroads of Data Protection.
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