Business continuity strategies have traditionally taken a path that addresses only major disasters, such as fires, floods, earthquakes, tornadoes, etc. Now that cyber threats have become an everyday occurrence – thanks to pervasive email spamming – organizations are increasingly seeking out cloud solutions that also protect data and provide disaster recovery and business continuity assurances should cybercriminals attempt access.
On the increase are denial-of-service (DoS) attacks and ransomware threats, which, according to a study by data security firm Coveware, have gone up by 40% in the last two years. In that time, the average payment made by ransomware victims to get their data back went from below $20,000 to more than $84,000. Making a small investment in protecting your data makes a lot of sense when you compare that against the cost of paying a ransom.
Complexities to Consider
Most organizations, regardless of their industry, rely in some form or another on colocation and cloud-based services. Even with a dedicated IT team following all the various applications running in the cloud, it can still be confusing to manage security. Consider all the endpoints that have to be secured and who is responsible for what data – it gets complex really fast.
An effective approach to disaster recovery and business continuity planning has been to seek out cloud-based managed services. This has become a go-to model of managing IT tasks, as many organizations are hard pressed to find qualified IT personnel to join their staff. And even if they are available for hire, it’s often at too high a price, which is another nod toward taking on a third party to do the same work at a lesser cost.
The Case for Third Party Assistance
Seeking out cloud solutions from a third party results in a complete alteration of the workflow approach. Not only does it come at a cost savings due to the fact that you’re no longer tied down by investing in on-premise hardware and software, but the third party providers, eager to maintain a competitive edge, are also frequently updating their services.
Part of the technology the outsourced party provides includes disaster recovery as a service, which is increasingly on the minds of business and IT leaders who know the dangers cyber criminals pose, not to mention the curve balls of natural disasters.
At Cloud Source, we can connect you to disaster recovery services that will help you prevent data loss. We can outfit you with a backup plan that can be customized to fit your unique needs. If you’re not sure where to start, our expertise will guide you. Contact us and let’s talk about protecting your data.