Intelligent CIO North America Issue 26 | Page 68

INTELLIGENT BRANDS // Enterprise Security

Create a data fortress for protection against ransomware attacks

Tuhina Goel , Director of Product Marketing at Nutanix , offers insight into the ever-growing threat ransomware attacks present . As the forms these attacks take diversify , businesses will have to take multi-faceted approaches to defend against them . so that structured and unstructured data is protected , no matter where the data resides .
Nutanix Files offers integrated ransomware protection

Cybersecurity Ventures predicts that ransomware will cost its victims around US $ 265 billion annually by 2031 . Businesses will face a new attack every two seconds as ransomware perpetrators progressively refine their

Tuhina Goel , Director of Product Marketing at Nutanix file shares and volumes . Victims are denied access to the encrypted data and make the data unrecoverable without paying a ransom for a decryption key . There is substantial uncertainty that even if the ransom is paid that the data will be restored or that the attack is ended .
Ransomware attacks cannot be detected by antivirus software or firewalls and cause tremendous losses , including lost productivity costs , forensic investigation costs , data restoration costs from backup , and the costs of hiring emergency consultants and crisis managers .
What businesses need is a cybersecurity and ransomware protection plan that is integrated with the storage system to detect , prevent , recover and analyse cyberattacks
The Nutanix Files software-defined storage solution has integrated ransomware protection to help customers secure unstructured data .
The latest version , Files 4.1 , offers improved network isolation with network segmentation , better resource management with enhanced multi-network support , enhanced security with WORM support and ransomware detection .
When combined with our Nutanix Data Lens SaaS-based data management and governance application , Nutanix Files delivers a full spectrum of ransomware protection aligned to key defence-in-depth and critical cybersecurity initiatives like a Zero Trust Architecture ( ZTA ) spanning the NIST Cybersecurity Frameworks of identify , protect , detect , respond and recover . p malware payloads and related extortion activities . The data clearly suggests that it is not the question of if , but when a business is attacked by ransomware .
Shared storage has been an especially rich target for cybercriminals to hijack valuable customer , financial or sensitive information and extort payment in return for access to the data . Hence , revving up ransomware defence is a top priority for CIOs and other business leaders who are actively looking for storage security strategies against malicious cyber-attacks .
Ransomware is a type of malware that attacks storage systems by encrypting user
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