{"id":757,"date":"2021-07-16T10:12:14","date_gmt":"2021-07-16T10:12:14","guid":{"rendered":"https:\/\/solutionsreview.com\/data-storage\/?p=757"},"modified":"2021-07-16T14:12:37","modified_gmt":"2021-07-16T14:12:37","slug":"cloudian-2021-ransomware-victims-report-reveals-sophistication-of-todays-attacks","status":"publish","type":"post","link":"https:\/\/solutionsreview.com\/data-storage\/cloudian-2021-ransomware-victims-report-reveals-sophistication-of-todays-attacks\/","title":{"rendered":"Cloudian 2021 Ransomware Victims Report Reveals Sophistication of Today&#8217;s Attacks"},"content":{"rendered":"<p style=\"text-align: justify\"><span style=\"font-weight: 400\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-388\" src=\"https:\/\/solutionsreview.com\/data-storage\/files\/2020\/03\/Cloudians-Gary-Ogasawara-on-Object-Storage-and-Edge-Computing.jpg\" alt=\"Cloudian 2021 Ransomware Victims Report Reveals Sophistication of Today's Attacks\" width=\"800\" height=\"400\" srcset=\"https:\/\/solutionsreview.com\/data-storage\/files\/2020\/03\/Cloudians-Gary-Ogasawara-on-Object-Storage-and-Edge-Computing.jpg 800w, https:\/\/solutionsreview.com\/data-storage\/files\/2020\/03\/Cloudians-Gary-Ogasawara-on-Object-Storage-and-Edge-Computing-300x150.jpg 300w, https:\/\/solutionsreview.com\/data-storage\/files\/2020\/03\/Cloudians-Gary-Ogasawara-on-Object-Storage-and-Edge-Computing-768x384.jpg 768w, https:\/\/solutionsreview.com\/data-storage\/files\/2020\/03\/Cloudians-Gary-Ogasawara-on-Object-Storage-and-Edge-Computing-540x270-3.jpg 540w, https:\/\/solutionsreview.com\/data-storage\/files\/2020\/03\/Cloudians-Gary-Ogasawara-on-Object-Storage-and-Edge-Computing-162x81-2.jpg 162w, https:\/\/solutionsreview.com\/data-storage\/files\/2020\/03\/Cloudians-Gary-Ogasawara-on-Object-Storage-and-Edge-Computing-360x180-1.jpg 360w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>Cloudian <\/span><a href=\"https:\/\/cloudian.com\/press\/cloudian-ransomware-survey-finds-65-percent-of-victims-penetrated-by-phishing-had-conducted-anti-phishing-training\/\" target=\"_blank\" rel=\"noopener nofollow\" class=\"external\"><span style=\"font-weight: 400\">recently released<\/span><\/a><span style=\"font-weight: 400\"> its <\/span><a href=\"https:\/\/cloudian.com\/lp\/ransomware-victims-report-2021\/?utm_medium=PR&amp;utm_source=pressrelease&amp;utm_campaign=dp-ransomware-veeam-0220&amp;utm_content=2021RansomwareReport\" target=\"_blank\" rel=\"noopener nofollow\" class=\"external\"><i><span style=\"font-weight: 400\">2021 Ransomware Victims Report.<\/span><\/i><\/a><span style=\"font-weight: 400\"> This study was based on an independent survey of 200 IT decision-makers whose organizations experienced a ransomware attack between 2019 and 2021. The survey revealed that traditional ransomware defenses are failing, with more than half (54 percent) of all victims having anti-phishing training and 49 percent having perimeter defenses in place at the time of the attack. The findings of this study suggest that organizations must place greater emphasis on putting systems in place that allow for quick data recovery in the case of an attack, without paying a ransom.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\"><div class=\"widget\"><div class=\"aside-card\">\t\t\t<div class=\"textwidget\"><p><a class=\"speedbump-1\" href=\"https:\/\/solutionsreview.com\/data-storage\/data-storage-buyers-guide\/\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-1682\" title=\"Data Storage Buyer's Guide\" src=\"https:\/\/solutionsreview.com\/data-storage\/files\/2019\/07\/data-storage-speedbump.jpg\" alt=\"Download Link to Data Storage Buyer's Guide\" width=\"800\" height=\"225\" \/><\/a><\/p>\n<\/div>\n\t\t<\/div><\/div><\/span><\/p>\n<p style=\"text-align: justify\"><a href=\"https:\/\/cloudian.com\/\" target=\"_blank\" rel=\"noopener nofollow\" class=\"external\"><span style=\"font-weight: 400\">Cloudian<\/span><\/a> <span style=\"font-weight: 400\">is an independent provider of object storage systems, offering S3 compatibility along with a partnership ecosystem. The vendor\u2019s flagship solution, HyperStore, provides scalability, flexibility, and economics within the data center. Additionally, Cloudian\u2019s data fabric architecture allows enterprises to store, find, and protect object and file data across sites. These processes can take place both on-prem and in public clouds within a single, unified platform. In 2020, Cloudian HyperStore was recognized as a 2020 Gartner Peer Insights Customers\u2019 Choice for Distributed File Systems and Object Storage.<\/span><\/p>\n<h3 style=\"text-align: justify\"><b>Ransomware Comes Through, Despite Defensive Measures<\/b><\/h3>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">Many businesses allocate large portions of their cyber-security budget towards defensive measures, including anti-malware software and anti-phishing training for employees. However, ransomware attacks have evolved and become more sophisticated, enabling cyber-criminals to get past an organization\u2019s defenses. The <\/span><i><span style=\"font-weight: 400\">2021 Ransomware Victims Report<\/span><\/i><span style=\"font-weight: 400\"> found that:<\/span><\/p>\n<ul style=\"text-align: justify\">\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Phishing remains the easiest path for ransomware, as 24 percent of ransomware attacks started this way.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Phishing attempts succeeded, even though 54 percent of those surveyed and 65 percent of those that reported it as the entry point had conducted anti-phishing training for employees.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Approximately half (49 percent) of respondents had perimeter defenses in place before a successful attack.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">The public cloud was the most common point of entry for ransomware, with 31 percent of respondents being attacked this way.<\/span><\/li>\n<\/ul>\n<h3 style=\"text-align: justify\"><b>Widespread Impact of Ransomware Attacks<\/b><\/h3>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">When cyber-criminals successful launch a ransomware attack, they can quickly take over and significantly impact all parts of a business:<\/span><\/p>\n<ul style=\"text-align: justify\">\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">56 percent of those surveyed stated that attackers were able to take control of their data and demand a ransom within only 12 hours. Additionally, another 30 percent reported this happened within 24 hours.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Over half of respondents stated the attacks had a significant impact on their organization\u2019s financials (58 percent), operations (57 percent), employees (59 percent), customers (57 percent), and reputation (52 percent).<\/span><\/li>\n<\/ul>\n<h3 style=\"text-align: justify\"><b>The Financial Impact Goes Beyond Ransom Payments<\/b><\/h3>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">Ransom payments are already extremely costly and on the rise, but they are not the only financial loss resulting from an attack. For the 55 percent of respondents that chose to pay the ransom:<\/span><\/p>\n<ul style=\"text-align: justify\">\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">The average ransom was $223,000, while 14 percent paid $500,000 or more.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">There was an average of $183,000 or more in additional costs resulting from the attack.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Cyber insurance only covered approximately 60 percent of the ransomware payment and other costs, likely reflecting deductibles and coverage caps.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Despite paying the ransom, only 57 percent of those surveyed got all their data back.<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">In a media statement, Jon Toor, chief marketing officer at Cloudian, said, \u201cthe threat of ransomware will continue to plague organizations around the world if they do not change their approach and response to it. Cyber-attacks can penetrate even the most robust defenses, so it\u2019s critical that organizations prioritize being able to recover quickly from an attack.\u201d<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">To learn more about Cloudian, <\/span><a href=\"https:\/\/solutionsreview.com\/data-storage\/cloudians-object-storage-software-now-available-on-vmware-cloud-foundation-with-tanzu\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">click here.<\/span><\/a><\/p>\n<h3 style=\"text-align: justify\"><a href=\"https:\/\/cloudian.com\/lp\/ransomware-victims-report-2021\/?utm_medium=PR&amp;utm_source=pressrelease&amp;utm_campaign=dp-ransomware-veeam-0220&amp;utm_content=2021RansomwareReport\" target=\"_blank\" rel=\"noopener nofollow\" class=\"external\"><span style=\"color: #ff0000\"><strong>Read the full <em>2021 Ransomware Victims Report.<\/em><\/strong><\/span><\/a><\/h3>\n<p style=\"text-align: justify\"><div class=\"hr hr\"><\/div><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\"><div class=\"widget\"><div class=\"aside-card\">\t\t\t<div class=\"textwidget\"><p><a class=\"speedbump-3\" href=\"https:\/\/solutionsreview.com\/data-storage\/data-storage-buyers-guide\/\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-1682\" title=\"Data Storage Buyer's Guide\" src=\"https:\/\/solutionsreview.com\/data-storage\/files\/2019\/07\/data-storage-speedbump.jpg\" alt=\"Download Link to Data Storage Buyer's Guide\" width=\"800\" height=\"225\" \/><\/a><\/p>\n<\/div>\n\t\t<\/div><\/div><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cloudian recently released its 2021 Ransomware Victims Report. This study was based on an independent survey of 200 IT decision-makers whose organizations experienced a ransomware attack between 2019 and 2021. The survey revealed that traditional ransomware defenses are failing, with more than half (54 percent) of all victims having anti-phishing training and 49 percent having [&hellip;]<\/p>\n","protected":false},"author":43,"featured_media":388,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[4],"tags":[364,26,291],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Cloudian 2021 Ransomware Victims Report Reveals Sophistication of Today&#039;s Attacks<\/title>\n<meta name=\"description\" content=\"Cloudian&#039;s 2021 Ransomware Victims Report is based on a survey of organizations that experienced a ransomware attack between 2019 and 2021.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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