Ransomware and the Cost of Downtime

By 2021, a business will fall victim to a
ransomware attack every 11 seconds.

The Rise of Ransomware

184 million

ransomware attacks

187.9 million

ransomware attacks

In the first half of 2020, ransomware
attacks grew by 715% as cybercriminals
began exploiting the COVID-19 pandemic

About half of businesses
worldwide are hit by
ransomware each year

Ransomware attacks are 2.5X more damaging than other cybersecurity incidents

Average global ransom demand

Average downtime cost as a
result of an attack

 $4,300

 $5,900

 $5,600

  $46,800

 $141,000

   $274,200

   2018

2019

2020

   2018

2019

2020

Small and Medium Businesses Keep Taking the Bait

Leading causes of ransomware attacks reported by managed service providers (MSPs)

54%

Phishing
emails

27%

Phishing
emails

26%

Phishing
emails

Downtime after
an attack can
cost nearly 50X
more than the
ransom itself

The True Cost of Downtime

After an attack, businesses must spend valuable time restoring their systems

Repairing networks

Restoring backups

Replacing lost devices

Downtime from ransomware is costly at up to $274,200

To Pay or Not to Pay - Either Means Downtime

98%

of those who pay the ransom receive
a decryption tool from the hackers

That means they still face costly
downtime while decrypting
their data – 4% never successfully
recover the encrypted data

91% of MSPs say

clients with a business continuity and disaster
recovery plan (BCDR) are less likely to experience significant downtime from ransomware

Business Continuity and Disaster Recovery (BCDR)

Why BCDR? Comprehensive BCDR will:

Reduce downtime during a
security incident or emergency

4 in 5 small businesses

Quickly restore key information
for minimal disruption

with BCDR recover from
ransomware within 24 hours

Help maintain
regulatory compliance

Help you determine lessons
learned after an incident

Key Features for Maximum Resiliency

Fast Failback

Uses a “Rescue Agent” for disaster recovery while performing a continuously-mirrored bare
metal restore

Ransomware Detection

Automated post-backup
ransomware scans and data and
boot verification ensures you know
as soon as ransomware is detected

Rapid Rollback

Allows incremental reversion to
a previously-backed-up state
without reformatting or
re-partitioning

Two-factor Authentication

Secures a backup solution to
prevent ransomware attacks
from compromising data

Instant Virtualization

Minimizes downtime after an
attack or outage, with virtualization
in the cloud or locally

Secure Cloud Backup

Offsite, secure, SOC 2 and GDPR
compliant, geo-replicated cloud
infrastructure enables fast and
secure disaster recovery

Datto’s Cloud Deletion Defense

Enables data recovery across risk vectors
— even when the protected machine has
been compromised

Reducing the risk of ransomware requires a multi-layered approach.
Get in touch today to discover what your business can achieve with the right technology.

We’re Here to Help

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Helping clients achieve a resilient cyber defense posture to continue operating their businesses regardless of the cyber threats they face.

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