Study Reveals Ransomware Is a Top Business Concern During COVID-19 Remote Work Period

Study Reveals Ransomware Is a Top Business Concern During COVID-19 Remote Work Period

Datrium, the leader in cloud-native disaster recovery with ransomware protection, released findings from its industry research on “Ransomware and Disaster Recovery During COVID-19,” which assesses the impact of ransomware attacks on enterprise disaster recovery (DR) strategies during the COVID-19 pandemic-imposed stay-at-home period. Findings reveal that the rampant rise of ransomware persists, with 100% of respondents – who include ITOps, backup, DR and storage admins, application and workload owners in the U.S. – reporting that their company experienced a ransomware attack in the last 12 months. With the evermore heightened threat of ransomware during the pandemic, companies are prioritizing DR and the cloud is playing a greater role as a DR site.

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The “Ransomware and Disaster Recovery During COVID-19” research was developed to determine ransomware’s impact on businesses in the last year. The research revealed heightened concerns about the threat of ransomware during the pandemic-imposed stay-at-home mandate. It uncovers insights regarding DR strategies employed by companies and the shifts in the use of cloud DR compared to traditional approaches.

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“Ransomware continues to dramatically plague businesses, and this research shows that businesses are even more concerned about it because of their newly distributed workforces resulting from the COVID-19 pandemic,” said Datrium CEO Tim Page. “The current pervasiveness of remote work puts businesses in a more vulnerable position as they are more open to increased targeting by ransomware criminals.”

Rampant Rise of Ransomware Places Businesses on High Alert During COVID-19
As businesses pivot their strategies to survive the economic downturn, the cost of a ransomware attack—which can be upwards of hundreds of thousands of dollars—can deal a severe blow to their bottom line.

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