The quantity and severity of ransomware attacks are expected to rise once again in 2023, and businesses need to take steps to protect themselves from these costly and disruptive incidents. According to Cybersecurity Ventures, “Ransomware will cost its victims around $265 billion (USD) annually by 2031.” These attacks have a devastating impact on enterprises, causing critical data loss and downtime. In addition, businesses may also be liable for the cost of the ransomware attack itself.
Because organizations generate a large amount of data every day and have increasingly large workloads moving between hybrid and multi-cloud environments, unified storage has become important for ransomware protection. In this post, we cover what unified storage is and how it addresses ransomware.