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All issuesVolume 303, Issue 2IT NewsBackup

The Critical Role Of Safe And Secure Backup System Storage

Solutions Review, Friday, June 16,2023

It's no secret that backup systems are critical to preserving sensitive data files from ransomware, theft, sabotage, and accidental loss. However, it's important to remember that merely leveraging backups isn't the end-all-be-all solution to a challenge riddled with complexity.

Just because organizations have backup systems in place does not always mean their data is fully protected in the wake of a loss-causing event. And amid sharp rises in the volume and velocity of attacks, the consequences of poor data backups are too severe to overlook. For example, IBM's 2022 Cost of a Data Breach Report found:

  • Globally, the average total cost of a data breach increased by 13% YoY to a record-high $4.3 million in losses. U.S. organizations were most impacted, with an average loss of $9.4 million per breach.
  • The average duration of identifying and containing a data breach lasted more than 275 days - equivalent to over nine months of downtime.

As attackers have grown more skilled and sophisticated, they are now leveraging hard-to-detect tactics, techniques, and procedures (TTPs) that capitalize on backup system vulnerabilities to either steal data or disrupt recovery operations.

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