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Compromised backups send ransomware recovery costs soaring

May 8, 2024
SC Magazine
Contributed by: Drex DeFord
Summary
The article highlights the increasing focus of ransomware attackers on compromising organizations' backups, illustrating a worrying trend that simply backing up data is not enough for protection. A report by Sophos reveals that 94% of surveyed organizations experienced attempts by cybercriminals to target their backups during ransomware attacks, leading to significantly higher ransom demands and payments when backups are compromised. The data emphasizes the critical importance of protecting backups through measures such as multi-factor authentication, suspicious activity monitoring, and regular recovery drills. With attackers successfully breaching backup defenses in various sectors, resulting in doubled ransom demands and significantly higher recovery costs, the article stresses the necessity for organizations to bolster their defenses around backup systems to mitigate the impacts of ransomware attacks.
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