Horrors of Not Having a Disaster Recovery Plan

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From Server Street to the Cloud, It’s a Nightmare Everywhere!!!!

Cyber criminals aren’t waiting until Halloween to trick you into losing your important data from your business, and you shouldn’t wait to put a Disaster Recovery Plan in place to protect your business either!
Here’s why…

Since COVID-19, the US FBI reported a 300% increase in reported cybercrimes. Around 90% of attacked companies suffer an average cost of $1.55 million USD each year while the average downtime due to a ransomware attack is 19 days. (Coveware)

For many organizations, these negative impacts can result in compliance and regulatory issues, damage to their reputation and profitability, and in some cases even leads to business closures. Business leaders are increasingly finding that the cost of cybersecurity inaction is too high.

If your organization is attacked, are you prepared? Do you have a ransomware recovery or disaster recovery plan in place?

This Cyber Security Awareness Month, Storagepipe is here to guide you through the process and information that you need to gather, assess, and build upon for effective data Backup and Disaster Recovery. Download your copy of our Disaster Recovery Plan Template here!

What are the biggest threats to your organization’s systems and data today?

Gartner Peer Insights and Storagepipe surveyed 100 IT leaders to discover their concerns, predictions, and challenges when it comes to disaster recovery. Read on for key insights or download the full report here!

When asked what they considered to be the biggest threats to their systems and data today, we found that IT leaders believe cybersecurity threats to be a key concern overall. Nearly half of the 100 surveyed (40%) say that ransomware/malware is their top concern, followed by user error (24%) and backup and recovery failure (15%).

These responses bring up the question…

How strong is your Disaster Recovery Plan?

Is your organization using effective cybersecurity and data protection strategies, solutions and/or services to ensure that your data, and systems and your customers’ data and privacy are protected?

When we asked this question, 96% of respondents said they’re using proactive cybersecurity to ensure the availability of their data, but only 59% of respondents said they’re doing this for their business systems.

Protect your organization from Cybersecurity Horrors with our DR Plan

A well-prepared ransomware recovery plan recognizes that a disruption to your business for even a few hours can result in significant financial and reputational repercussions. The plan should include Recovery Point Objective (RPO) and Recovery Time Objective (RTO) directives that guide decisions, procedures, and backup and disaster recovery services that ensure that your business survives with as little damage as possible.

Storagepipe can help identify weak points in your cyber resilience posture and provide a combination of cybersecurity services to help protect your business. Share your cybersecurity concerns today to see how we can help!

Get Your Halloween Disaster Recovery Plan Treat!

There are no tricks here! Read our Disaster Recovery Buyer’s Guide now to learn what you need to be prepared. Download your copy of our Disaster Recovery Plan Template for effective data Backup and Disaster Recovery.

Stay Safe in the Cloud with Storagepipe

How Strong is Your Disaster Recovery Safety Net?

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Ransomware and other cyberthreats are changing business’s needs for data protection across their on-premise, private cloud, SaaS, and public cloud environments.
If your organization is attacked, are you ready? Do you have a ransomware or disaster recovery plan in place?

Storagepipe has put together a template to guide you through the process and information that you need to gather, assess, and build upon for effective data Backup and Disaster Recovery. Download your copy of our Disaster Recovery Plan Template here!

As ransomware attacks have become an inevitability, disaster recovery is more important than ever before. However, with competing budget and security priorities many organizations are left exposed and unprepared.

Gartner Peer Insights and Storagepipe surveyed 100 engineering, security, IT, and operations leaders to discover their concerns, predictions, and challenges when it comes to disaster recovery. Read on for key insights or download the full report here!

What are the biggest threats to your businesses systems and data today?

When asked what they considered to be the biggest threats to their systems and data today, we found that IT leaders believe cybersecurity threats to be a key concern overall. Nearly half of the 100 surveyed (40%) said that ransomware/malware is their top concern, followed by user error (24%) and backup and recovery failure (15%).

When asked if their organization had experienced a data breach or cyberattack in the past two years, the majority (44%) of respondents said that they did, 42% said they did not and 14% were not sure.

Of those who have experienced a breach in the last 2 years, 61% said that breach was caused by malicious emails.

Additionally, only 2% of respondents said their end users have not experienced some form of email phishing.

Analyzing this data and these responses brings us back to the question –

How strong is your disaster recovery safety net after all?

Is your organization using effective cybersecurity and data protection strategies, solutions and/or services to ensure that your data and systems as well as your customers’ data and privacy are protected?

When we asked this question, 96% of respondents said that they’re using proactive cybersecurity to ensure the availability of their data, but only 59% of respondents said that they’re doing this for their business systems.

How are they protecting their data? Take a look here:

82% of tech leaders are using either a Managed Backup as a Service provider or a Managed Disaster Recovery as a Service provider to protect their business while 72% of tech leaders are using tools available through their Cloud provider to protect their Cloud environments. What’s interesting is that even amongst those using Cloud Provider tools, 80% of those are also using either a Managed Backup as a Service provider or a Managed Disaster Recovery as a Service provider for additional protection and expertise.

If you were attacked by ransomware today, how quickly would you be able to recover all your systems, data, and business operations?

70% of respondents said that if they were attacked by ransomware, they’d be able to recover all their systems within 24 hours, and 12% said it would take more than 48 hours.

24 hours or less is not fast enough for most business recovery time objectives (RTOs). If your current services and solutions are unable to recover and restore your data quickly enough to meet your RTO, the business stands to suffer unacceptable downtime, damage, and consequences.

No matter the size, location, or industry, organizations need to take the time to put together a well-thought-out and practical disaster recovery strategy for implementing cybersecurity and DR best practices.

Organizations should have an easy-to-understand step-by-step guide on what to do in a data emergency so that employees, partners and vendors understand their roles, responsibilities and the resources available to them before, during and after a crisis strikes.

Storagepipe has put together a template to guide you through the process and information that you need to gather, assess, and build upon for effective data Backup and Disaster Recovery. Download your copy of our DR Plan Template here!

What backup and disaster recovery software does your organization have in place today? Is your organization considering immutable storage to protect data from cybersecurity threats?
Download this report to find out what 100 IT leaders have to say about this!

Strengthen Your Security Posture with our Disaster Recovery Plan

Many companies large and small are searching for flexible and affordable cybersecurity and ransomware recovery services that can help them be more proactive and also recover from ransomware across their endpoints, network, cloud, and SaaS applications.

A well-prepared ransomware or disaster recovery plan recognizes that a disruption to your business for even a few hours can result in significant financial and reputational repercussions. The plan should include Recovery Point Objective (RPO) and Recovery Time Objective (RTO) directives that guide decisions, procedures, and cybersecurity, backup and disaster recovery services that ensure that your business survives with as little damage as possible.

Download your copy of our Disaster Recovery Plan Template!

Ransomware Prevention with Managed Cybersecurity Services

Storagepipe can help identify weak points in your cyber resilience posture and provide a combination of cybersecurity services to help protect your business. Share your cybersecurity concerns today to see how we can help!

Contact our cybersecurity and disaster recovery experts today to explore your best ransomware protection options!

Ransomware Statistics to Guide Your Ransomware Recovery Plan

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What is Ransomware?

A ransomware attack is when malicious threat actors strike organizations with malware that encrypts data and paralyzes systems and networks, refusing to restore them until a ransom demand is met. Oftentimes even when payment is made, the data is never recovered.

These ransomware attacks first focused on large institutions and enterprises, prompting urgent cybersecurity upgrades across industries. Increasingly, threat actors are shifting their sights from large companies that have made investments in their defenses, to vulnerable small and medium sized businesses that are easier targets.

As ransomware attacks continue to create headlines, the data protection and cybersecurity experts at Storagepipe wondered, ‘What are technology decision-makers really experiencing in the fight against ransomware?’

Gartner Peer Insights and Storagepipe surveyed 331 technology professionals who shared ransomware statistics and insights like:

• How many have experienced ransomware, and what were the outcomes
• What makes an organization vulnerable to ransomware
• Why ransomware attacks have been increasing

Download the full report for Ransomware Insights here!

How Common is Ransomware?

Overall, most IT leaders (57%) believe that their organization is likely to be hit by a ransomware attack in the next 12 months.

Over 70% of IT leaders have worked in an organization that has experienced a ransomware incident.
Of those who have already experienced a ransomware attack (n = 234), 62% believe an attack is also likely in the future, compared to 45% of those who haven’t experienced a ransomware attack (n=97).

How Many Businesses Pay Ransomware?

At least 12% of ransomware attacks involved ransomware payments.

Desperate and ill-advised ransomware payments often fail to return the business to normal and verify for the attackers that the business is a profitable target that they should hit again for ransomware double extortion.

Overall, following a ransomware attack, only 54% of leaders were able to fully recover their data. However, for those whose organization paid the ransom (n = 29), 52% experienced full ransomware data recovery, compared to 65% for those whose organization did not pay the ransom (n = 147).

Despite the common-sense wisdom of ‘never reward bad behavior’ and the ransomware stats to back that up, a staggering 45% of surveyed respondents agreed that ransomware payments should be considered an operating cost for businesses.

And only 22% replied that organizations should never pay ransomware demands. As one VP pointed out, “People are paying, so there is a market. Frankly, I’d rather pay the penalty than pay the criminals.”

What are the Effects of Ransomware on Businesses?

As for repercussions, business reputational damage is viewed as the biggest consequence of a successful ransomware attack (83%), followed by the fear that it could inspire further or copycat ransomware attacks (70%), and concerns around government sanctions potentially being levied against them for making the ransomware payment (34%).

Businesses also acknowledge the negative impacts on their workforce, with 28% replying that they worry about staff redundancies to recuperate costs, and 27% fearing an expected loss of their C-Suite.

What are Ransomware Vulnerabilities?

Employees are the number one vulnerability point exploited by ransomware attacks, with 78% reporting employee negligence like weak passwords and accidental data exfiltration topping the list tied with ransomware attack vectors like email phishing and other social engineering campaigns.

Want more? Download the full report here for ransomware statistics revealing the industries that are most likely to be hit by ransomware attacks and the single main reason an organization falls victim to a ransomware attack!

Now that we understand the current ransomware and threat landscape, let’s look at how we can protect against ransomware with prevention and recovery strategies and services.

How to Protect Against Ransomware?

While it takes some planning, a cybersecurity strategy that is as multi-layered as your business is the best approach. This factors in how to protect your end users from falling prey to phishing all the way to 24/7 network monitoring for threat and vulnerability identification, to cloud monitoring for your SaaS applications like Microsoft 365, G Suite, Amazon Web Services, Azure, Dropbox and more.

Storagepipe has found that cybersecurity awareness training paired with simulated phishing campaigns provide organizations with a capability to evaluate and educate their end users on how to identify and avoid malicious ransomware emails and social media scams. Having cybersecurity-savvy end users leads to a reduction in risky behavior, threat exposure, and cybersecurity incidents.

Ransomware prevention technologies such as managed detection and response services (MDR) and robust anti-spam and anti-virus tools are critical to successful ransomware protection. In an increasingly hybrid office world, implementing strong end user and endpoint cybersecurity is critical. When compared to a centralized office environment that may have firewalls and other safeguards in place, remote work can require additional protections. Modern cybersecurity as a service (SECaaS) solutions combine endpoint cybersecurity with managed detection and response services for a comprehensive cybersecurity plan to protect multiple attack surfaces.

Recovery from Ransomware

Unfortunately, an ounce of prevention does not always result in a pound of cure. Many companies large and small are searching for flexible and affordable ransomware recovery services that can help them recover from ransomware across their endpoints, network, cloud, and SaaS applications.

A well-prepared ransomware recovery plan recognizes that a disruption to your business for even a few hours can result in significant financial and reputational repercussions. The plan should include Recovery Point Objective (RPO) and Recovery Time Objective (RTO) directives that guide decisions, procedures, and backup and disaster recovery services that ensure that your business survives with as little damage as possible.

Storagepipe excels at matching our customers’ business needs to the right disaster recovery services to meet their objectives, budget, and business model. For example, a disaster recovery service can help eliminate downtime impacts on production systems by providing options for full or partial failover so that your business can continue to operate while full restoration is completed behind the scenes. In addition to hot site high availability disaster recovery, Storagepipe offers innovative warm site disaster recovery that enables affordable staged recovery based on the business criticality and priority of your systems.

Contact our disaster recovery experts today to explore your best ransomware protection options!

Cybersecurity Awareness: 7 Tips For The April Fool In All Of Us

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Let’s be honest, nearly all of us have been victims of a friendly April Fool’s prank at some point. The day (and month!) is full of (mostly) harmless pranks and jokes by friends and family. But let’s not forget that getting targeted by hackers and cyber criminals is also very much a reality. Pranksters love to play jokes on businesses and unsuspecting individuals, but cybercriminals like to take advantage of this time to cause serious security incidents with unforeseen costs.

April fools’ day is not the only day these cybercriminals use to take advantage of people’s naivety and lack of awareness, the frequency of these cyber crimes has actually been growing for a while. With a reported 150% rise in ransomware attacks between April 2020 and July 2021, it is becoming increasingly important and essential for people, especially employees to learn more about how they can protect themselves as well as their organizations from hackers and different types of cyber criminals.

This April Fool’s Day, Storagepipe would like to raise awareness around cyber-attacks, share with you some common examples of the tactics used by cyber criminals and discuss how you can identify scams and protect yourself, your businesses, your employees and your customers.
Let’s get right into it. Here are some of the most famous internet and telephone scams that you must have heard of:

The CRA Scam:

This is a very common scam in Canada, especially during tax season. You might receive calls or emails that may seem to be from the Canada Revenue Agency (CRA). You might be told that you owe taxes or that you are in trouble with the tax department and that you must make payments or give out your credit card or banking information. Sometimes they might even send you links to fake websites that might look exactly like the real CRA website. It is best to just hang up on the call or delete these emails. The real CRA will never call, email, or text you asking for this kind of information.

The Prize / Lottery Scams:

In these types of scams, you might get a phone call or email saying that you have won a prize, such as cash, a car, an iPhone or a vacation. The scammer will tell you that you need to make a payment to collect your prize, and they might ask for your credit card or banking information. You obviously won’t receive the prize that you were promised but now the scammer can make charges on your credit card, or worse drain your bank account. Once you lose the money, you probably will not get it back.

The Nigerian Prince / Emergency / “Grandparent” Scams:

In these types of scams, the scammers pretend to be close friends or relatives in trouble. A very common one is when the scammer pretends to be a long-lost relative who is a Nigerian prince that needs your help to save his life or to move large sums of money internationally. This scam is so popular and successful at reeling in victims that it’s earned the name, ‘cat fishing.’ They might ask you to send money because of an accident, an injury, an arrest, or a robbery. And just like with all the other scams, this is likely just a way for scammers to get access to your bank account. They often target seniors but anyone of any age can be the victim of these kind of scams.

Other examples include phishing, social media account hacking, fake cryptocurrency, fake charities, fake lotteries, fake surveys, fake kidnapping, fake tech support, fake free stuff, identity theft, and the list goes on and on!

Now that we’ve talked about how hackers commonly target individuals and employees, let’s discuss what you could do to prevent yourself from falling for their tactics. Here are some ways you can ensure that you, your data and your systems are protected:

1. Adopt a strong Password Management strategy:

It is always advised to use strong, unique and difficult to guess passwords for all your accounts and devices to ensure your data is protected across all different systems. We understand that it can be hard to remember numerous unique alphanumeric combinations (which aren’t a combination of your dog’s name and your birth date) for different accounts and devices, that’s why we recommend using a reliable password manager service. A secure password manager can automate the process of creating, encrypting and storing individual passwords so that you don’t have to remember dozens of them at all times. Also, don’t forget to keep updating these passwords every now and then as another precautionary measure.

2. Utilize Multi-factor Authentication features:

Using a multi step verification/ authentication process while logging into your accounts and devices adds another layer of security to your data protection strategy. Using a reliable authenticator app or using built in application-based unique one-time-passwords (OTP) through email, text messages or calls are very helpful in this process. They are used to add another layer of protection to prevent access in case hackers somehow gain access to your passwords.

It only takes ONE wrong click to download viruses or give hackers access to your entire computer system. So, if you receive suspicious emails with links or attachments, don’t click on them unless you’re absolutely sure they are from reliable sources.

Storagepipe provides superior protection against ransomware, viruses, malware, spear phishing, email DDOS and undesirable emails. Our Fully Managed Anti-Virus and Anti-Spam Services are just what you need to strengthen your multi-platform threat prevention strategy.

4. Look for the ‘S’ in https:

Continuing with the above listed point, another good indicator of a potential problem is if you receive a URL in an email without the ‘S’ after the http in the link. The ‘S’ literally stands for ‘secure’ and indicates that the website has an SSL (Secure Socket Layer) certificate. You should always hover your mouse over any link to see it’s true destination and if you can’t see the ‘S’, you definitely should NOT click on the URL.

5. Invest in Cybersecurity Awareness Training programs:

The National Security Agency reports that over 90% of cyber attacks are preventable with basic Cybersecurity Awareness Training. So, by just taking a cybersecurity awareness course and keeping in mind all the points listed in this article, you might already be a few steps ahead of those cyber-criminals and save yourself from serious issues and huge losses!

No matter how large or small a business is, it’s a target for cybercriminals. That’s because it can only take a single unwitting click on a phishing link to grant criminals access to everything on a given network and, in some cases, beyond. It’s also why security awareness training and phishing simulations are essential for organizations who want to transform end users from the weakest link in the security chain, into a truly resilient first line of cyber defense.

Storagepipe’s Cybersecurity Awareness Training provides the continuous, relevant, and measurable testing and education that businesses need to minimize risky user behaviors and resulting security incidents.

6. Schedule regular Data Backups:

Storagepipe’s Backup as a Service (BaaS) solutions provide Complete Data Protection for VMware, Hyper-V and Physical Systems among other things.

World Backup Day falls on March 31st every year, the day before April Fools Day, which is perfect timing to make sure all your regular data backups are scheduled are running properly across all devices and platforms. The “I’ll do it tomorrow” approach on World Backup Day could land you in some serious trouble in case you get fooled the very next day on April Fools’ Day!

If you’re not sure where to begin, here’s a guide Storagepipe created with 3 Effective Data Backup and Recovery Strategies to help you plan things better and be prepared with a recovery plan in case disaster strikes! Which brings us to our final point below.

7. Have a Disaster Recovery Plan ready:

No matter the size, location, or industry, organizations need to take the time to put together a well-thought-out and practical strategy for implementing DR best practices and scheduled maintenance.

Organizations should have an easy-to-understand step-by-step guide on what to do in a data emergency so that employees, partners and vendors understand their roles, responsibilities and the resources available to them before, during and after crisis strikes.

Storagepipe has put together a template to guide you through the process and information that you need to gather, assess, and build upon for effective data Backup and Disaster Recovery. Download your copy of our DR Plan Template here!

We hope you can now better understand how common and dangerous cyber threats, hacking, viruses, malware, ransomware and other cyber attacks are. However, more than 90% of these incidents are preventable with the right kind of Cybersecurity Awareness Training.
If you spend some time learning more about how these cyber attacks work, how hackers and scammers approach people, what kind of tactics they use and how you can deal with them, you can prevent cyber attacks and protect yourself from becoming one of their victims.
The World Wide Web is an incredible source of information, innovation, and entertainment! Have fun with it, keep learning new things, all while staying vigilant and safe on the internet!

Learn more about Storagepipe’s Cybersecurity Awareness Training!

Have any questions? Contact Us to learn more about all our services!

Happy April Fools’ Day! We promise we won’t fool you though!