cxo voice
  • Home
  • News
  • Leaders Talk
  • Expert Opinion
No Result
View All Result
  • Home
  • News
  • Leaders Talk
  • Expert Opinion
No Result
View All Result
Leaders Talk and Latest Tech News | CXO VOICE
No Result
View All Result
Home News Cyber Security

Why Immutable Data Storage is an Integral Part of a CISO’s IT Security Strategy

Nikhil Korgaonkar by Nikhil Korgaonkar
December 15, 2021
Reading Time: 3 mins read
Why Immutable Data Storage is an Integral Part of a CISO's IT Security Strategy By Nikhil Korgaonkar

Photo: Nikhil Korgaonkar

Share on FacebookShare on Twitter

Sophistication in cyberattacks is increasing by the day, with only 1 in 5 enterprises being confident that they could recover from a ransomware attack. In a recent survey conducted by Dimensional Research, 96% of IT decision-makers reported they are worried about ransomware attacks. As a result, CISOs are stepping up the protection of their business with prevention solutions, such as firewalls, identity, and access management, and passwords. However, there is still one challenge at large– data storage. 

Understanding the Importance of Immutable Storage

When a company falls victim to a cyberattack, every second of business downtime is painful and expensive and can result in a loss of $5,600 per minute, according to Gartner. Therefore, cyberattack prevention measures are essential for security. The total cost of recovery from a ransomware attack has more than doubled in a year, increasing from $761,106 in 2020 to $1.85 million in 2021 globally, as per the Sophos report. However, CISOs also need data protection to achieve their primary objective of data security and availability. Achieving this well depends on data backup and storage.  

Indian companies pay around $76,619 as ransom on average. However, despite paying up the ransom, on average, organisations could retrieve only 75 percent of their data in India, compared to a global average of 65 percent, and only 4 percent got all their data back.

Solutions such as firewalls, identity, access management, and passwords, etc., underpin all business operations and are prime targets for hackers during cyberattacks. Therefore, these solutions should also be the top priority when it comes to preparing data security policies. In addition, backup and immutable storage solutions protect data in case of an attack or any other business disaster. They are the last line of defense that guarantees data security and availability.

Establishing data immutability for optimal security

Implementing a holistic approach to data security by integrating an immutable data storage solution is crucial as it strengthens data resilience. A business can never stop cyberattacks, but neutralizing their effects can ensure business continuity, which is critical.

The most crucial step for a company that wants to protect itself against ransomware is to back up files regularly and store them using an immutable storage solution. The most sophisticated attacks make it possible to encrypt both the files and the recovery points. An immutable snapshot is a copy of your data that ransomware or a user cannot modify or delete. An organization can quickly recover data written to an immutable data storage solution following data corruption or deletion, ransomware attacks, or other issues. Indeed, users can independently recover their data by looking through their files on Windows Explorer or Finder on a Mac. There’s no need to recover data using the previous day’s backup – users look through the files and select the data they want to restore. 

ADVERTISEMENT

As well as making their teams aware of security risks, CISOs must also increase their awareness of the importance of data storage. Data security policies are often limited to the basics and are not robust enough in today’s world, where the number of attacks is rising. In addition, data is a huge money-maker for hackers, so businesses should be asking, not if, but when they will become ransomware victims. Now is the time to change your information security strategy and incorporate a holistic approach to data protection.

Also Read: Security Prediction for 2022 by Trend Micro

Nikhil Korgaonkar

Nikhil Korgaonkar

Regional Director, Arcserve India & SAARC

Related Posts

Cyber security is a major concern for enterprises, How to fight sophisticated cyber threats
Cyber Security

Cyber security is a major concern for enterprises, here is how to fight sophisticated cyber threats

January 13, 2023
Cyber Security

Austrade Education and Future Skills Initiatives and Australia-India Cybersecurity Hackathon Challenge Launched at AIBX 2022 Business Mission Event

October 3, 2022
Malware and ransomware
Cyber Security

Ways To Mitigate Malware And Ransomware Attacks

August 16, 2022
CyberPeace
Cyber Security

Governor of Jharkhand Launches Ranchi University-IETE-CyberPeace – Center of Excellence (CoE)

August 13, 2022
Cyber Security

Wranga and Disney Star India Partner to Conduct ‘Responsible Digital Citizenship and Online Safety’ Study

August 2, 2022
Cyber Security

CyberPeace Foundation and TASK, Government of Telangana Signs MoU to Collaborate for CyberSecurity Research and Skilling Initiatives

July 21, 2022
Cyber Security

Truecaller Conducts Cybersafety Trainings in Bengaluru as Part of its Women Safety Initiatives

June 10, 2022
security threats in 2022
Cyber Security

How should business leaders address the cyber security threats in 2022?

January 19, 2022
Load More
Leave Comment
ADVERTISEMENT

Expert Views

Credentials database theft, reused passwords dangerous entryway
Cyber Security

Can SASE be used as your initial defense against ransomware?

September 12, 2023
Smart Cities challenges and security
Cyber Security

Do our abilities match the ambitions of Smart Cities?

August 23, 2023
Why 5G Network Uptime is Essential for a Digitally Interconnected Society
Opinion

Why 5G Network Uptime is Essential for a Digitally Interconnected Society

July 18, 2023
Responding to cyberbullying with cyber confidence and resilience
Cyber Security

Responding to cyberbullying with cyber confidence and resilience

July 17, 2023
Five Ways All-Flash Data Centers Can Drive Sustainability Goals 
Opinion

Five Ways All-Flash Data Centers Can Drive Sustainability Goals 

July 7, 2023

Latest Updates

Airkit.ai

Salesforce to acquire Airkit.ai to boost AI capabilities

by IANS
22 hours ago

Working in a post-pandemic world: What is the new normal?

25 million employees now returning to offices globally in the hybrid work era

by News Desk
23 hours ago

Image Credit: Pixabay

IT spending in MENA region to reach $183.8 billion in 2024: Gartner

by News Desk
24 hours ago

Samsung Huawei

Samsung, Huawei to drive mass adoption of foldable smartphones next year

by IANS
2 days ago

GenAI

GenAI to generate economic value worth $2.6-$4.4 trillion annually: Report

by IANS
3 days ago

SK hynix

US to ensure S. Korean chipmakers’ smooth operation regarding China curbs

by IANS
3 days ago

Get Latest Update

Subscribe to our mailing list to receives newsletter direct to your inbox!

ADVERTISEMENT

Leaders Inerviews

NewgenOne
Leaders Talk

NewgenONE bridges the gap between business users and IT teams with its low code capability: Varun Goswami

-
Interview with Prasanna Arikala, CTO, Kore.ai on AI chatbots
AI

Can AI chatbots enhance customer experience and reduce the cost of serving customers?

-
Rising cyber attacks pose a serious threat to Indian SMBs, says Zakir Hussain
Cyber Security

Rising cyber attacks pose a serious threat to Indian SMBs, says Zakir Hussain

-
Axis Bank's Cloud-driven digital banking solutions
Banking

Axis Bank doubles down on cloud based digital banking solutions

-

Entrepreneur

Samsung Electronics appoints its first female president

Inspiring Women Entrepreneurs in India (2022)

Technology Adoption For Entrepreneurs

Volunteering management is the need of the Hour

We bring business leaders' opinions and unique ideas on what’s happening in the market and its impact. Also, get the daily news, analysis, and insights.

Connect with us

Easy Links

  • Cryptocurrency
  • Event
  • Blockchain
  • Press Release
  • Resources & Downloads

Write Us

contact@cxovoice.com
  • Home
  • About
  • Contact Us
  • Advertise
  • Privacy & Policy
  • Feedback

© 2023 CXO VOICE

No Result
View All Result
  • Home
  • News
  • Leaders Talk
  • Expert Opinion

© 2023 CXO VOICE

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Our Spring Sale Has Started

You can see how this popup was set up in our step-by-step guide: https://wppopupmaker.com/guides/auto-opening-announcement-popups/