StorONE Blog

Cyberattacks: It Is a When, Not an If

By: James Keating, StorONE Solution Architect

As we approach 2025, cyber-attacks are a fact that needs to be thought about. No longer can you think it won’t happen to me or use hope as a strategy. It has been said that a company is 4x more likely to have a cyber-attack than to experience a fire. It is also estimated that cybercrime will cost US companies more than $400 billion in 2024. It truly is a matter of when –not if.

What most organizations are missing is that cyberattacks are not a one-and-done event. Cyberattacks isn’t like a fire or a snowstorm; this will happen repeatedly, and some experts warn that the new normal will be a significant attack every 2 to 3 years. The bad actors are looking at not only getting paid but also at obtaining data.

Besides people, data is a company’s most critical, so storage must be considered with security in mind. Some are calling this the new era of cyberstorage. Cyberstorage is a fancy way of saying the storage must account for ways to protect the data and minimize risks.

Let’s look at an actual event from 2023: bad actors got control of passwords at MGM Casinos, resulting in numerous systems, including the hotel key cards, slot machines, and even escalators, going offline. MGM had to spend $100 million and weeks of work to return to normal operations. It is not only the attack but also the aftermath of lost revenue and the hit to reputation that adds up.

Storage or cyberstorage must be part of the overall data protection and storage strategy. At StorONE, we believe having layers of security is the best method of protection. Examples of how StorONE could help:

Advanced Immutable Snapshots

When it comes to ransomware, prevention and recovery are equally crucial. That’s why we offer point-in-time data copies immune to ransomware encryption or alteration. This is backed by proactive anomaly detection for early identification of potential threats. But we don’t stop there. To add an extra layer of security, we support Multi-Factor Authentication and Multi-Administrative Authorization, minimizing the chances of unauthorized access and further safeguarding against ransomware attacks.

Post Attack Recovery

Facing a ransomware attack is a daunting experience, but with our robust recovery capabilities, disruption can be minimized. We employ cutting-edge snapshot technology, exemplified by features such as real-time anomaly detection and automatic threat mitigation. These snapshots take immutable, point-in-time logical copies of your data, ensuring quick and reliable recovery while actively safeguarding against emerging threats.

But we go beyond just snapshots. Our instant recovery feature swiftly restores your systems and applications, maintaining business continuity. Additionally, our rapid data replication creates readily available secondary copies of your crucial data, accelerating the recovery process and lessening the impact of an attack.

Logging, Monitoring and Alerting (LMA)

We understand that early detection is the first defense against security threats. That’s why we offer real-time monitoring for instantaneous identification of potential security anomalies within your storage environment. Our comprehensive event logging and auditing provide a detailed trail for forensic analysis and post-incident investigations.

But we continue beyond just detection. Our automated alert systems are designed to notify you immediately upon discovering any suspicious activities. This enables a swift response, empowering you to take effective mitigation actions before significant damage occurs.

Multi-Factor Authentication

We recognize the importance of robust cybersecurity measures to safeguard your storage systems. Our Advanced Multi-Factor Authentication (MFA) features and multi-admin capability require multiple forms of verification to minimize the risk of unauthorized access. This level of protection is especially effective against credential-based attacks like password theft or brute-force hacking.

Adopting such robust security measures doesn’t just protect your data; it can also have financial benefits. Many insurers view the implementation of MFA and Multi-Admin Approval as a strong commitment to cybersecurity, potentially improving the terms of your cyber insurance coverage and even reducing your premiums.

Anomaly Detection

Our anomaly detection tool serves as a vigilant watchdog, continuously monitoring system behavior for any abnormal patterns that could signal a security threat or system failure. Immediate alerts empower swift response and effective mitigation, significantly enhancing data security and minimizing the risk of major disruptions.

In addition to its security features, our anomaly detection also focuses on operational optimization. The tool identifies performance bottlenecks and other unusual system behaviors, allowing for timely interventions that improve both system performance and operational efficiency.

360° Data Protection Strategy. Multi-Layered Protection for Complete Data Security

Our 360° data protection strategy addresses every facet of your data landscape, from primary storage and secondary copies to snapshots, backups, and disaster recovery. This multi-layered approach reduces the risk of data loss or corruption and ensures swift recovery and minimal operational impact in the event of unforeseen data-related incidents.

Moreover, our comprehensive strategy extends beyond simple data protection. It serves to meet stringent industry-specific regulatory compliance requirements. Our platform accomplishes this through robust security measures, including encryption, data retention policies, and detailed audit trails, assuring you of data integrity and regulatory compliance.

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