Ransomware in the Cloud: What Businesses Need to Know

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Umbrellar Connect

For any organisation using cloud-based collaboration tools like Microsoft 365 OneDrive for Business or Google Workspace, the impact of a ransomware attack can be swift and destructive.

Datto’s Global State of the Channel Ransomware Report revealed that software-as-a-service (SaaS) applications have emerged as a target for ransomware. The survey found that ransomware remains the most common cyber threat to small/medium businesses (SMBs) with attacks increasing significantly during the COVID-19 pandemic.

Cybercriminals are now looking at vulnerabilities that can be remotely exploited. 59% of MSPs said remote work resulted in increased ransomware attacks and 52% of MSPs reported that shifting client workloads to the cloud came with increased security vulnerabilities.

Nearly 1 in 4 MSPs reported ransomware attacks on clients’ SaaS applications.

  • 64% of MSPs report attacks within Microsoft 365
  • 54% of MSPs report attacks within Dropbox
  • 25% of MSPs report attacks within Google Workspace

For any organisation using cloud-based collaboration tools like Microsoft 365 OneDrive for Business or Google Workspace, the impact of a ransomware attack can be swift and destructive. It only takes an infected laptop containing files that automatically sync to the cloud to multiply the infection exponentially. Those newly-infected files sync, then infect and encrypt other files in every connected system – including those of business partners or customers, whose files and collaboration tools will be similarly impacted. This can lead to significant harm to a business’s reputation, lost data, and downtime.

Do you offer clients a ransomware attack recovery plan?

To keep clients up and running and restore files following a ransomware attack, secure backup for cloud data is essential. SaaS protection allows for the recovery of data instead of paying a ransom and can prevent the worst outcomes from ransomware. It also protects clients from accidental or intentional deletion of data by employees.

Datto SaaS Protection is a reliable, fully automated way to back up Microsoft 365 and Google Workspace data. A secure backup solution for cloud-based applications can keep important business data protected and mitigate any security risks related to remote work.

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Umbrellar Connect

Umbrellar Connect is the leading multi-media hub for New Zealand's tech innovations. We keep you informed on the need-to-know impact stories, the trends shaping our world, and the tech enabling us to go further.

Datto

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At Datto, we create the roadmap for Managed Service Providers. We constantly innovate and experiment to empower our partners and drive the industry forward. Datto’s proven Unified Continuity, Networking, and Business Management solutions drive cyber resilience, efficiency, and growth for MSPs. Delivered via an integrated platform, Datto’s solutions help its global ecosystem of channel partners serve over one million businesses around the world. We’re open and down-to-earth by nature and we always advocate for MSPs.

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Managed cloud services refers to outsourcing daily IT management for cloud-based services and technical support to automate and enhance your business operations. Often, internal IT departments don’t possess the skills to effectively monitor and maintain a cloud environment. In these situations, a company hires a third-party cloud managed services provider to manage cloud security, computing, storage, network operations, application stacks, vendors and more.

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