July 27, 2020
You’ve Been Hacked: What to Expect When You’re Not Expecting
Your worst nightmare has just happened. You are woken up in the middle of the night by a phone call notifying you that your customer/client database has been hacked. Millions of pieces of your clients’ personal information have been exposed or may even have become unavailable – this includes their identities, emails, passwords, credit card records and more. What now?
Cyber-attacks are one of the largest threats to your business, but let’s be honest, not top-of-mind. The reality though is that cyber-attacks occur so frequently that it is not a matter of if, but when it will occur.
Data is your businesses’ largest asset. In the digital age, data is the means to doing business. How do you conduct business without it? Sure, there are temporary solutions, but they aren’t scalable or a long-term solution for your organization. Without access to reliable and accurate data, your business is shot. All work has suddenly come to a halt.
You’ve Been Hacked
What do you do after your organization has fallen victim to a cyber-attack? Will your business recover?
At OST, we work with organizations on everything from back-up and disaster recovery to a full cyber-recovery solution. Principal Architect Dave Chinn sat down with us to explain the crucialness of organizations acting to protect their largest assets at stake: their data. During our conversation, he discussed the Cyber Recovery solution that can protect your business’ most valuable data. He also defined how it differs amongst other backup solutions and explains the benefits organizations will receive.
Q: What is Cyber Recovery?
A: Cyber recovery is an air-gapped solution that provides an immutable backup copy of your primary business data. The cyber recovery solution completely separates backup copy from the primary data, making it difficult to physically access the data or change it. It is perhaps the most protective data protection solution, yet the most unknown and misunderstood. Executive leaders often consider their business’ largest asset as their employees or products, when in fact it is their organization’s data.
Q: Data backup, disaster recovery, cyber recovery. What’s the difference?
A: These three solutions are closely related; however, each has their own distinct use cases.
Backup software is simple, yet effective. Think of cloud storage. It allows a separate copy of a document to be stored in a catalog. These exact copies can later be used to restore original content in the event of data loss. This is the baseline data recovery solution for your business, and often comes in play when there is human error.
Disaster Recovery involves a preparation plan to get business up and running when things go up in flames (figuratively or literally) due to natural or human disaster. A disaster recovery plan should be set in place for business continuity. However, a disaster recovery solution cannot fully recover all subsets of data.
Cyber Recovery provides complete restart capability for a specific subset of your data. This includes re-running business and recovering critical data in an appropriate amount of time. The subset of data specifically protected under a cyber recovery solution is so protected that copies of recovered data live in a cyber vault, typically stored in a physical, secure location.
Which data recovery plans are best for your business? The first step is to identify the risk level for your organization. Take this assessment to discover your risk level and learn more information.
Q: What is the importance of a protective solution and why should I be worried for my business?
A: A cyber-attack occurs every 39 seconds (University of Maryland) and can result in an overall average of $13 million in losses due to cyber-crime (Accenture). Your data is at risk for hackers’ advantage; if you have valuable data that can make money, your business is automatically at risk. Hackers, or bad actors, target businesses of all sizes, and across all industries. It takes one cyber threat, and your entire network could be dismantled within minutes. No one is immune.
A cyber recovery solution can reduce the risks and provide you with the ability to recover your business in an acceptable period in the case of a cyber-attack. Consumers are actively searching to do business with organizations they feel their information is safe with. Securing and protecting your consumer’s data results in a more credible business, one in which your customers will feel confident is looking out for them.
Join our Destructive Cyber Crime and Ransomware- What’s your Recovery Strategy? webinar on August 4, 2020 from 11AM-12PM EST. This webinar will cover cyber resiliency challenges, the difference between Disaster Recovery and Cyber Recovery and the importance of the solution to your business. Register now.
Here at OST we are passionate about helping your business find the right backup solution that best fits your organization’s needs. Whether that is starting with a solid backup data solution, curating a disaster recovery plan, or protecting a critical subset of data with cyber recovery, OST is by your side. We can tailor a protection plan around your different risk profiles to build a robust plan to make sure the hard work you do today, is protected for tomorrow.
If you want to guide your organization through this trying period or need assistance selecting a cyber recovery plan, contact our team today.