Ransomware Part 1

09/18/22 • 58 min

CTIO 101 Podcast

Previous Episode

Coaching The CIO

Emotional intelligence and soft skills are crucial for CTIOs The IT industry is competitive and continues to evolve rapidly. It’s no longer just about technical skills; leaders must be able to communicate effectively, collaborate across teams and manage change effectively. These skills can help them navigate the challenges of the digital age with ease and ensure they get results from their teams.

The CIO role is changing. The CIO role is changing and evolving to meet the demands of a digital world. As a result, IT leaders must be able to communicate clearly, collaborate with their teams effectively and manage change efficiently in order to get results.

These are the reasons CIOs need to consider coaching.

Next Episode

Ransomware Part 2: Backup vs Restore

There is no doubt that backups are an essential part of any data management strategy, but equally important is the ability to restore data quickly and efficiently. Many IT professionals will argue that restore time is even more critical than backup time. Here are a few reasons why:

Downtime is expensive: When data is lost or inaccessible, it can lead to costly downtime for businesses. The longer it takes to restore the data, the more money and productivity are lost.
Customers demand fast recovery: In today's fast-paced business environment, customers expect near-instantaneous recovery times. If a system outage or data loss occurs, customers will require a quick resolution to avoid disruptions to their operations.
Compliance requirements: Many industries have strict regulations around data retention and disaster recovery. If data cannot be restored quickly and accurately, it can put a business at risk of non-compliance and potential legal consequences.
Reputation: In the event of a data loss or system outage, a business's reputation can be severely damaged. If customers lose trust in a company's ability to protect and recover their data, it can lead to long-term consequences for the business.

These factors highlight the importance of restoring time in a comprehensive data management strategy. While backups are essential, they are only one piece of the puzzle. To ensure that data can be fixed quickly and efficiently, businesses must invest in technologies and processes prioritising restore time as a critical component of their disaster recovery plans.

CTIO 101 Podcast - Ransomware Part 1

Transcript

Rob00:00:00.000

The biggest cost of Anyware attack will always be the downtime. that's deliberately because if it wasn't, you wouldn't pay the ransom, the ransom will always be less than the downtime cost. That's the, that's the fact, that's the pressure they wanna put you under.

Malcom00:00:13.119

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