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Achieving Business Continuity in the Age of Ransomware

On May 7, 2019, the city of Baltimore was hit by a ransomware attack - code named “RobinHood.” Hackers used remote encryption to lock down the city’s file servers and demanded payment of 13 bitcoin in exchange for keys to release them. The city immediately notified the FBI and took systems offline to keep the attack from spreading, but not before it impacted over 10,000 computers and multiple city departments. The cost? An estimated $4.6M in data recovery costs alone. All told, the cost to restore data, the cost of new systems that would prevent an immediate new attack, and the lost revenue totaled over $18M.

Scenarios like this are causing many companies to reexamine their plans for disaster recovery in order to ensure business continuity, not just in the face of equipment, software, or network failures, but also in the event of a ransomware attack.

Anne Blanchard, Senior Director of Product Marketing sat down with David Shaw, Chief Science Officer at Nasuni, to discuss the Baltimore incident, tips on how to avoid a ransomware attack, and how to dramatically decrease business downtime and cost following an attack.
Recorded Aug 20 2019 13 mins
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Presented by
David Shaw, Chief Science Officer at Nasuni | Anne Blanchard, Senior Director of Product Marketing at Nasuni
Presentation preview: Achieving Business Continuity in the Age of Ransomware

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    David Shaw, Chief Science Officer at Nasuni | Anne Blanchard, Senior Director of Product Marketing at Nasuni
    On May 7, 2019, the city of Baltimore was hit by a ransomware attack - code named “RobinHood.” Hackers used remote encryption to lock down the city’s file servers and demanded payment of 13 bitcoin in exchange for keys to release them. The city immediately notified the FBI and took systems offline to keep the attack from spreading, but not before it impacted over 10,000 computers and multiple city departments. The cost? An estimated $4.6M in data recovery costs alone. All told, the cost to restore data, the cost of new systems that would prevent an immediate new attack, and the lost revenue totaled over $18M.

    Scenarios like this are causing many companies to reexamine their plans for disaster recovery in order to ensure business continuity, not just in the face of equipment, software, or network failures, but also in the event of a ransomware attack.

    Anne Blanchard, Senior Director of Product Marketing sat down with David Shaw, Chief Science Officer at Nasuni, to discuss the Baltimore incident, tips on how to avoid a ransomware attack, and how to dramatically decrease business downtime and cost following an attack.
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Nasuni Cloud File Services
Unstructured file data is growing faster than ever before. The landscape of enterprise file storage is going through a period of rapid change. NAS and SAN are the acronyms of legacy hardware. Object storage is the future - but it needs a file system. Subscribe to the Nasuni channel to learn how UniFS® - the world's first Global File System - is enabling enterprises to take advantage of the cost savings and scale of object storage for files.

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  • Title: Achieving Business Continuity in the Age of Ransomware
  • Live at: Aug 20 2019 5:00 pm
  • Presented by: David Shaw, Chief Science Officer at Nasuni | Anne Blanchard, Senior Director of Product Marketing at Nasuni
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