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Hackers Are Using Ransomware to Get Rich. Here's How Much They're Making

Your digital assets are undergoing immense changes. The compilation of mobile devices, file retention needs, application enhancements, digital capacity growth, plus more big data means that the burden on you is constantly increasing. Businesses are producing exponentially more data and using more technology than ever before and it all needs to be backed up and stored. While IT manages the explosive growth on the digital front, there's pressure on departments to stabilize or even cut spending. IDG noted that data growth has exceeded staffing growth by 33x.

Organizations expect IT to do more with less. 

In today's digital world, IT professionals and visionaries know that they are safeguarding more than just data, servers and applications. They are the guardians of their organization's ideas and knowledge. They are responsible for keeping their businesses up and running - no matter what. 

FACT: Data is growing 33 times faster than IT administration

Now, more than ever enterprises need a backup and recovery solution that uses a single vendor, requires less management, ensures more uptime, allows for more flexibility, provides more confidence and gives you more free time. 

FACT: 60% of Enterprises Report that They Have Been Attacked by Ransomware

The proliferation of ransomware has quickly become the most widespread and damaging cause of downtime, sucking up the time of IT pros and potentially causing painful data losses. This will force IT managers to seriously think about their ransomware protection and keep current on ways hackers are using ransomware to get rich.

For enterprises who are not prepared when ransomware attacks, there is little recourse to reclaim your data. However, for organizations that take the necessary steps, the disruptions can be minimized and data loss can be avoided. 

FACT: $700 Billion is Lost Annually Due to IT Downtime

Ninety one percent (91%) of IT organizations have experienced downtime in the last two years. The average business experiences more than three working days of unexpected downtime annually. Seventy-one percent (71%) of organizations are not fully confident in their ability to recover after a disruption.

FACT: The Average Cost of a Single Data Center Outage is $730,000

The Delta Airlines data center outage in 2016 cost the company $150,000,000. Even small companies lost an average of over $8,000 per hour. 

TREND: All-in-One is the Wave of the Future

You don't expect your toaster oven to do your laundry, but there's a new dynamic on the digital front: purpose-built all-in-one backup appliance and devices. Companies that offer an all-in-one solution are winning the technology battle. Apple sales exceeded $50 billion last year by selling all-in-one integrated personal devices that provide the user with separate phones, cameras, music players, video recorders, etc.

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