Ransomware attacks don’t just target a business’s single endpoint. They can infect its entire network in seconds if they can penetrate remote management software. On top of the increasing ransomware threat, businesses are producing more data than ever. In fact, according to a StorageCraft Global Research study, 86% of experts believe data volume will increase 10 times or more in the next 5 years.

With increasingly targeted ransomware attacks and an explosion in data creation, it’s clear why businesses must take a more sophisticated approach to data protection. The only thing between your business and data loss or a ransom is a disaster recovery (DR) plan. Ransomware is everywhere, and sooner or later your business will be attacked. When that happens, how will you recover? Recovery starts with a clearly defined plan.

Ransomware Planning: It’s Working (Mostly)

The good news is that although more businesses are succumbing to ransomware, at the same time more businesses are recovering safely. According to our recent webinar, StorageCraft has seen an 8X growth in ransomware restorations since 2017. Businesses that can recover have a plan, execute it, and ultimately prevent data loss.

But remember, a plan should account for protecting data as well as reducing downtime. Although data may be safe with basic data protection measures, many businesses take days—or even weeks—to recover if there’s a significant failure event. According to data from StorageCraft’s recent global study, only 15% of businesses can recover from severe data loss within an hour. When downtime can cost as much as $5,600 every minute, even an hour can be expensive.

Rather than watch dollars slip down the drain, let’s look at how to build a solid plan that prevents data loss and costly downtime.

Three steps for building a rock-solid DR plan for ransomware

A disaster recovery plan should…