Whether data is stored on-premises, in the cloud, or in hybrid- or multi-cloud architectures, ransomware is a growing threat. Attackers are using ransomware-as-a-service (RaaS) and AI technologies to facilitate more sophisticated attacks, and the cost is only rising. According to 2022 figures, one in ten targeted organizations paid ransoms of $1 million or more. That doesn’t take into account the additional costs of recovery, remediation, and regulatory fines if data is exposed.
With the average ransom costing over $800,000, organizations need advanced data security and robust data resilience to protect themselves against attacks. Below, we explore how the ShardSecure platform mitigates cloud ransomware and helps organizations maintain their business continuity.