Nov 02, 2016
Stop Ransomware In Its Tracks
Datto is pleased to announce the industry's first Ransomware Protection and Recovery Solution (RPRS). RPRS is a collection of Datto products combined to protect businesses from the impact of a ransomware attack. The solution detects ransomware attacks and alerts administrators immediately, so they can roll back systems to a point in time before the attack happened. The solution shortens downtime giving companies an effective and reliable alternative to paying a ransom.
Ransomware has become a major threat to businesses today, and the cyber extortionists behind these attacks operate with increasing sophistication. In many cases, these attacks are conducted by large criminal organizations using massive, wide-reaching botnets to spread malware. SMBs can be particularly vulnerable to attacks and are more likely to pay ransom to get their data back than large businesses.
While end user education and endpoint security solutions are essential parts of a ransomware protection plan, they are not enough. Ransomware still gets through, because it is constantly being modified to avoid detection. Also, cyber extortionists use sophisticated social engineering tactics to dupe victims into downloading infected files or clicking malicious links. Once ransomware infects a victim’s computer, it can quickly spread to other desktops and servers on the network. If it is left unchecked, many machines can be impacted in a short period of time.
So, businesses need a way to quickly detect and recover from attacks. Backup is essential, but recovery from traditional backup solutions can be slow. Modern data protection solutions such as Datto’s allow for very fast recovery from ransomware attacks. With the addition of ransomware detection, users can stop attacks before the malware spreads across the network. RPRS protects files and folders anywhere on the network, on mobile devices, workstations, and in the cloud.
Ransomware by the numbers
Recently, we surveyed over 1,000 managed service providers about the current state of ransomware. 97 percent of respondents said ransomware attacks on small businesses are becoming more frequent, a trend that will continue over the next two years. 91 percent reported that their clients were victimized by ransomware, 40 percent of whom have experienced six or more attacks in the last year.
The average ransom requested is typically between $500 and $2,000 but 10 percent of MSPs reported the ransom average to be greater than $5,000. However, the ransom is just a fraction of the losses businesses can incur from a ransomware attack. The downtime following the attack can be crippling. 63 percent of survey respondents mentioned that a ransomware attack led to business-threatening downtime.
For a look at the new Datto ransomware features, sign up for a demo of SIRIS 3, Backupify, NAS 3. To learn more about ransomware today, download Datto’s State of the Channel Ransomware Report 2016.