These attacks have an especially devastating effect on small businesses. According to research from the Ponemon Institute and IBM, the average cost of a data breach for organizations with fewer than 500 employees was nearly $3 million in 2021. For many small businesses, a hit like that is enough to shut the doors permanently within six months.
With threats prevalent and the stakes high, small businesses are looking for new ways to protect themselves and their data. One of the solutions gaining popularity is immutable storage.
What Is Immutable Storage and What Are Its Benefits?
One of the biggest ways organizations can be impacted by a breach is downtime. If data is stolen or altered, it can take a small business valuable time to get back access to that data and bring operations back online. In some breaches, bad actors will go into an environment and alter or delete the data once they’ve reached their objective, leading to even more problems.
Immutable storage protects against this threat. It is a form of data storage that prevents the data from being modified, allowing an organization to recover its environment from a safe checkpoint. This can be customer data, operational data or production data.
There are different options for where this data can be stored. Organizations can keep it in the cloud for easy access and flexible capacity, but they can also have their immutable storage offsite and off the network. This can add an extra layer of protection, especially if the business is located somewhere that frequently faces natural disasters or other disruptions.
How Can Small Businesses Solve for Immutable Storage?
Configuring immutable storage can be a challenge for small businesses. They often lack the staff, resources or expertise to properly establish these kinds of systems. Organizations must decide what to make immutable, when to back it up, and where to store the data itself.
Working with a trusted partner can help assuage some of these concerns. A partner can help prioritize mission-critical data, develop policies that best fit the organization’s needs, and manage data storage.
While immutable storage has significant benefits, it can be challenging to decide when to back up data. Backing up manually can be time-consuming and can potentially lead to a gap between critical data and what is stored. Using intelligent automation can bridge this gap, bringing peace of mind regarding data protection while remaining efficient.
The security landscape has changed significantly in the era of remote and hybrid work, and small businesses are feeling the effects. Taking a fresh approach to data storage can help mitigate evolving risks.