Remove Architecture Remove Data Recovery Remove Insurance
article thumbnail

What Is Cyber Extortion? Tips for Securing Your Data

Pure Storage

Also, cyber insurance premiums have risen dramatically as insurers face increasing claims, further straining budgets. Backup solutions regularly back up critical data and store it securely, ensuring rapid recovery without succumbing to extortion demands. Businesses sometimes spend upwards of $1.4

article thumbnail

5 Ways to Minimize the Cost of a Ransomware Attack 

Pure Storage

Increased insurance premiums (or possible cancellation). Adopt tiered security architectures. Talk with your CISO about the value of tiered security architectures and “ data bunkers ,” which can help retain large amounts of data and make it available immediately. Create immutable data snapshots.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Create a Data Breach Response Team

Pure Storage

Cyber insurance providers , who can explain the extent of your cybersecurity insurance, as well as your specific coverages and limitations as well as required steps that must be taken for coverages to apply. After the initial intrusion and reconnaissance, ransomware will attempt to execute, encrypt, and exfiltrate data.

article thumbnail

45 World Backup Day Quotes from 32 Experts for 2023

Solutions Review

With that said, it’s critical for today’s leaders to understand and recognize the need to move away from legacy backup solutions, and instead focus on building proactive resiliency architectures supported by modernized backup strategies in order to expedite data recovery and mitigate the full impact of a cyberattack.

Backup 119
article thumbnail

Data Privacy Week 2024: The Definitive Roundup of Expert Quotes

Solutions Review

This is likely to impact industries where transparency matters, such as healthcare, financial services, and insurance. Also, AI-consumption reporting is likely to evolve, where companies might use consumers’ data for their LLMs, creating demand for newer data privacy technologies.”

article thumbnail

Data Privacy Awareness Month 2024: Roundup of Expert Quotes

Solutions Review

This is likely to impact industries where transparency matters, such as healthcare, financial services, and insurance. Also, AI-consumption reporting is likely to evolve, where companies might use consumers’ data for their LLMs, creating demand for newer data privacy technologies.”

article thumbnail

Data Privacy Day 2024: The Definitive Roundup of Expert Quotes

Solutions Review

This is likely to impact industries where transparency matters, such as healthcare, financial services, and insurance. Also, AI-consumption reporting is likely to evolve, where companies might use consumers’ data for their LLMs, creating demand for newer data privacy technologies.”