Why Is Cloud Data A Less Ideal Target For Ransomware?

by | Aug 4, 2022 | IT Security | 0 comments

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 Why Is  Cloud Data A Less Ideal Target For Ransomware?  

Ransomware has been increasing in severity and frequency as an attack vector in recent years. Businesses are particularly at risk, as ransomware can cripple vital systems and cause massive disruptions to operations. However, one of the most commonly-asked questions we get from business owners is whether or not the cloud is a less ideal target for ransomware attacks. In this blog post, we’ll take a look at some of the reasons why ransomware is less effective against cloud-based systems.

  • Approximately 37% of global organizations said they were the victim of some form of ransomware attack in 2021 37% 37%

Cloud Data Is A More Difficult Target For Ransomware Attackers

Typically the cloud is a more difficult target for ransomware attackers. This is because cloud-based systems are  backed up and can be quickly restored if they are encrypted. Additionally, cloud-based security systems are more robust than those of on-premises systems. As a result, it is more difficult for ransomware attackers to successfully target businesses and individuals who use the cloud. Also as an extra layer of protection cloud-based storage systems typically have multiple layers of security, making it much harder for attackers to gain access to files. In addition, cloud providers often have multiple backups of customer data, so even if an attacker is able to encrypt files, the provider can simply restore them from a backup. As a result, the cloud is a much more difficult target for ransomware attackers as apposed to onsite storage. 

Key Takeaways

  • Cloud based backups often have multiple layers of security
  • Frequent backups of customer data
  • Data can be quickly restored from offsite servers  

Industries
Secure Cloud Data

 Cloud Providers Have Better Security Measures In Place

The cloud is typically more secure than regular servers. Cloud providers have made a significant investment in developing robust security measures, both to protect their own infrastructure and to keep their customers’ data safe. From physical security measures to sophisticated encryption technologies, cloud providers have put in place a number of safeguards to ensure that their data centers are secure. As a result, businesses that entrust their data to a cloud provider can be confident that it will be well-protected. 

Key Takeaways

  • The cloud is typically more secure than traditional on-site servers
  • Companies spend a significant amount of money making sure there cloud servers are secure
  • Customers data is often encrypted so it is harder for hackers to access

Ransomware Attacks Are Less Common In The Cloud

Companies that have migrated to the cloud are less likely to be targeted by these types of attacks. This is because ransomware attackers typically target on-premises systems, which are often more vulnerable to attack. Cloud-based systems are more secure, making them less attractive targets for ransomware attackers. In addition, cloud-based systems are typically easier to recover from an attack, as backups can be quickly restored. As a result, businesses that migrate to the cloud can help to protect themselves from ransomware attacks. 

Key Takeaways

  • Companies who migrate to the cloud are less likely to be targets of ransomware
  • Cloud based systems recover data more quickly

The Cloud Offers Many Benefits That Make It A More Attractive Option For Businesses

The cloud has quickly become the preferred option for businesses when it comes to data storage and application hosting. There are several reasons for this, but the most important are its flexibility, scalability, and cost-effectiveness. The cloud can be easily scaled up or down to meet the changing needs of a business, and it offers a pay-as-you-go pricing model that is very attractive to small businesses. In addition, the cloud is extremely reliable, with uptime rates that are much higher than those of on-premise servers. For businesses that rely heavily on their data and applications, the cloud is an essential part of their operations. Below the many benefits are explained in more detail.

Scalability: As businesses increasingly move to cloud-based solutions, it’s important to consider the issue of scalability. Cloud computing allows businesses to scale up or down their usage as needed, which is a major advantage over traditional on-premises solutions. However, not all cloud providers are created equal when it comes to scalability. Some providers may have limits on how much you can scale up or down, and this can be a major problem if your business needs change unexpectedly. Other providers may charge high fees for additional bandwidth or storage, making it cost-prohibitive to scale up your usage. When considering a cloud provider, be sure to ask about their scalability options and what potential limitations there may be. By doing your homework in advance, you can ensure that your business will be able to take full advantage of the flexibility that cloud computing provides.

Flexibility: Cloud Computing technology is one of the most flexible and easily scalable IT solutions available today. With Cloud Computing, businesses can quickly add or remove capacity as needed, without having to make significant upfront investments in hardware and software. As a result, they can respond quickly and efficiently to changing market conditions and business needs. In addition, Cloud Computing provides businesses with the ability to access their applications and data from anywhere at any time. This flexibility is critical in today’s fast-paced business environment, where employees often need to work remotely or from multiple locations. As more businesses adopt Cloud Computing, it is clear that this technology is here to stay.

Cost Effectiveness: The cloud has revolutionized the way businesses operate. By moving data and applications to the cloud, businesses can save money on hardware and software costs, as well as on energy costs for powering and cooling servers. In addition, cloud computing can help businesses to be more agile and responsive to change. For example, a business can quickly add or remove users from its cloud-based accounting system, without having to go through a lengthy and expensive software upgrade process. As businesses have become more aware of the cost savings and other benefits of cloud computing, the adoption of cloud services has been growing rapidly.

Reliability: One of the most important benefits of cloud computing is its reliability. Unlike on-premises systems, which are subject to a wide range of potential problems, including power outages, hardware failures, and software glitches, cloud systems are designed to be highly available. Even if there is an issue with one component of the system, the other parts can continue to run without interruption. As a result, businesses that rely on cloud-based applications can be confident that their systems will remain up and running, even in the event of a major outage.

Key Takeaways

  • The cloud is becoming a preferred option for business for data storage
  • The cloud offers flexibility, scalability, reliability and cost-effectiveness
  • Offers a pay-as-you-go model that is great for small to medium businesses
  • Cloud computing is extremely reliable

In Conclusion

Cloud storage is a less ideal target for ransomware attacks because of the way that data is redundantly stored and backed up. This makes it difficult for attackers to hold data ransom and actually gain anything from the attack. While cloud storage providers have been targeted in the past, they are much less likely targets than individual users or businesses. Ransomware attacks on cloud providers will likely become more common as these services continue to grow in popularity. Cloud storage is a great option for many reasons. However, no system is foolproof, so it’s important to keep your cloud data backed up regularly on-site just in case. Have you been affected by ransomware? Let us know in the comments below!

Maverick Gardner is a growing leader MSP (Managed Service Provider) in IT Consulting, Infrastructure. IT Services, Support and Maintenance Services, Cloud, Deployment and Procurement, Disaster Recovery, IT Outsourcing Services, and more!

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Sources:

(1) https://www.techtarget.com/searchsecurity/feature/Ransomware-trends-statistics-and-facts#:~:text=Ransomware%20statistics%20for%202021%20and%202022&text=Approximately%2037%25%20of%20global%20organizations,January%20to%20July%2031%2C%202021.

(2) https://www.herjavecgroup.com/wp-content/uploads/2018/12/CV-HG-2019-Official-Annual-Cybercrime-Report.pdf