Some Cloudian customers receive a 15% discount on cyber insurance because of robust data protection.
Veeam CISO Gil Vega Discusses the Latest Cyber Insurance Requirements and How to Safegaurd Your Data.
How Bad is the Problem?
Cyberattacks rank 5th in the Top 10 list of most-likely global risks.*
51% of US organizations surveyed opted to pay the ransom, after being hit with a cyberattack.*
22% of US organizations that paid the ransom never got their data back.**
*“The Global Risks Report 2020,” World Economic Forum, 2020
**According to this 24 Jan 2020 article from TechTarget
Costs are rising: The average ransomware payment jumped by 60% to $178,254 between Q1 and Q2 last year according to Coveware, a firm that helps negotiate cyber ransom payments.
Ransomware risks are also rising: an acceleration of ransomware attacks is now forecasted to occur every 11 seconds and ransomware payments to reach $20 billion in 2021.
What could put an end to digital kidnapping? Widespread use of immutable data backups.
Van Flowers joins Jeff Lanza, a 20 year FBI veteran, to discuss REAL ransomware situations, cybercrime impact on companies, and what you should be looking out for to keep your company safe. The best defense is always being proactively prepared, and they’ll show you how protecting your data with object lock / immutability can prevent you from being yet another “it happened to me” on the FBI’s list of victims.
Ransomware Victims Report
Ransomware is one of the most widely discussed threats in cyber security. However, not enough research exists about the experiences of organizations that have actually suffered from ransomware attacks.
For this report, an independent research firm surveyed 200 IT decision makers whose organizations experienced a ransomware attack.
The findings reveal the cold, hard truth about such attacks:
- They are hard to prevent even when you’re prepared.
- Ransomware can penetrate quickly, significantly impacting an organization’s financials, operations, customers, employees and reputation.
- Even if you pay the ransom, there are other related costs that can be significant
Read this report to learn about:
- The experiences of ransomware victim organizations
- The importance of focusing greater attention on recovering from an attack
- How you can quickly and easily recover without having to pay ransom
Object Lock Protects Your Data
Cloudian HyperStore protects your data with Object Lock, so it cannot be encrypted by ransomware. HyperStore is hardened by the use of HyperStore Shell (HSH) and RootDisable, securing the solution at the system level, even disabling root access to make the solution impregnable. Similar solutions typically have porous root access leaving system-level breaches possible.
Integrated with Veeam Availability Suite V10, the combination gives you the only on-prem ransomware solution that is tamperproof down to the system level, to offer data immutability that’s SEC17a-4 and Common Criteria certified.
Hear from Veeam’s VP of Enterprise Strategy, Dave Russell, and Cloudian’s CMO, Jon Toor, about why this Object Lock integration is such a game-changer for ransomware protection.
Ransomware Protection Buyer’s Guide
A new ransomware attack occurs three times every minute.
Victimized organizations pay a steep price for these attacks, suffering business downtime, data loss, and lost revenue.
Don’t let your company be next. Download our guide to understand ransomware threats and what you can do to protect your organization.
Key topics include:
- The 4 most common types of ransomware attacks
- 8 urgent steps you can take today
- 3 dangerous myths about ransomware
- 3 ways cyber insurance can hurt you
Ransomware Protection with Immutability for Container Backups
Kasten by Veeam + Cloudian HyperStore
Enterprises are increasingly deploying Kubernetes-managed, containerized applications in full production, making it essential to protect these applications and their data. Through the new integration of Cloudian HyperStore with Kasten by Veeam, organizations can now have the same secure, scalable, enterprise-grade backup for their containerized apps as they already rely on for their traditional workloads.
As a Kasten backup target, HyperStore provides modern, cloud-native storage with complete S3 compatibility, limitless scalability, and ransomware protection—on-premises for superior RPO/RTO or in a hybrid cloud—all at up to 70% less cost than traditional or public cloud storage.
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Ransomware Protection Solution Brief
To protect data from ransomware attacks, Cloudian HyperStore and Veeam Availability Suite V10+ support Object Lock. This permits backup data copies to be made unchangeable for a set period of time, which prevents hacker encryption or deletion and ensures a clean data copy for reliable recovery.
HyperStore is hardened by the use of HyperStore Shell (HSH) and RootDisable, securing the solution at the system level, even disabling root access to make the solution impregnable. Similar solutions typically have porous root access leaving system-level breaches possible. The resulting security is comparable to offline storage at 70% less cost than public cloud storage.
Solution benefits include:
- Veeam Object Lock protects data from encryption by ransomware
- On-prem, disk-based storage for rapid data restore
- Veeam-qualified for trouble-free deployment
- Industry’s lowest total cost of ownership of any backup target
- Some customers have received up to a 15% discount on cyber insurance premiums
Forrester analysts write:
“Implementing an immutable file system with underlying WORM storage will make the system watertight from a ransomware protection perspective.”
Other protection techniques can be compromised. Learn how you can give your users ransomware protection that’s safe and secure.
US Regulatory Compliance
Cloudian HyperStore Object Lock Compliance Mode protects your organization’s data from ransomware attacks. HyperStore is hardened by the use of HyperStore Shell (HSH) and RootDisable, securing the solution at the system level, even disabling root access to make the solution impregnable. Similar solutions typically have porous root access leaving system-level breaches possible.
HyperStore 7.2 also meets securities industry requirements for preserving record objects in a non-rewriteable, non-erasable format until the specified retention period has expired and any associated legal holds have been released.
According to the Cohasset Associates report, Cloudian HyperStore meets the requirements of:
- Securities and Exchange Commission (SEC) in 17 CFR § 240.17a-4(f), which regulates exchange members, brokers or dealers
- Financial Industry Regulatory Authority (FINRA) Rule 4511(c), which defers to the format and media requirements of SEC Rule 17a-4(f)
- Commodity Futures Trading Commission (CFTC) in 17 CFR § 1.31(c)- (d), which regulates commodity futures trading
Read the Compliance Assessment Report to learn more.
VEEAM TECHNICAL DEMO
Cloudian On-Prem S3-Compatible Storage for Immutable Backups
This Veeam video shows how to set up a Cloudian repository in Veeam Backup and Replication Version 10. Also, how to build a SOBR (scale-out backup repository) and enable immutability to protect your backups against ransomware.
Cloudian HyperStore Deployment Guide with Veeam Backup & Replication Immutability Feature
This guide is written for the experienced data protection professional and will detail the implementation procedure to deploy an environment with Veeam v10 (and higher) and Cloudian HyperStore Object Storage to support immutable copies of backup data storage on secure Cloudian Object Storage.
EXPERT PANEL DISCUSSION
The Beginning of the End of Ransomware
Ransomware has been identified by the World Economic Forum as one of the top 5 economic risks, a risk level comparable to global warming.
View this expert panel session on-demand to learn how new technology from Cloudian, Veeam, and VMware provides a hardened solution to keep your data safe — whether that be in an on-premises data center or as a Managed Services Provider providing Ransomware Protection-as-a-Service to enterprise customers.
Chris M Evans, Architecting IT
Cloudian: Neil Stobart, VP Global Systems Engineering
Veeam: Michael Cade, Senior Global Technologist
VMware: Guy Bartram, Global Product Marketing, VMware