Think ransomware demands were the only thing on the rise this year? Think again – cyber claims have also jumped 12%, indicating premiums will be next to rise in the new year. Immutable backups will hold the keys to recovery and be a requirement for companies to be covered by cyber insurance. Read more from our CEO, David Bennett, among other industry leaders in The CTO Club.
Not having a Zero Trust security strategy is so 2023! Check out the latest episode of the Software Daily podcast, where our Technical Director, Anthony Cusimano chats with Lee Atchison on the best methods to block ransomware attacks.
This just in from our CEO, David Bennett, in Blocks & Files!
Immutable backups are set to become a non-negotiable for companies covered by cyber insurance in 2024. With a staggering 74% increase in average ransomware demands this year and a 12% surge in cyber claims, the reality is hitting hard. Cyber insurers will either hike premiums significantly to curb losses or champion proactive cyberattack preparation.
2024 will undoubtedly be a tech-driven year. Anthony Cusimano, our Director of Technical Marketing, believes AI will up the ante for cyberthreats. Here’s a glimpse into his predictions on how AI advancements will impact the cybersecurity landscape:
– Gen Z workforce will provide abundant content for AI-based attacks
– Sophisticated attacks will be at the forefront as AI will displace lower-tier cybercrime
– Targeting backups will continue to persist shifting the security focus to data recovery plans
The devil is in the details of a cyberattack! Stay aware with Anthony’s full 2024 predictions in VMblog.
Exciting times ahead in AI and DataStorage! As 2023 wraps up, the dynamic pace of AI tech sets the stage for transformative changes. Our VP of Product Marketing Tony Liau shares his top predictions that will shape the storage landscape in 2024:
– Complexity in IT environments will prompt AI upskilling
– Data storage and security will be driven by AI
– Hybrid cloud and on-premises solutions will become the standard
Interested in diving deeper? Read more from Tony’s full predictions in VMblog.