Data Recovery Impact on Cyberattack Outcomes

This report presents an analysis of the impact of data recovery on the outcomes of cyberattacks, specifically focusing on ransomware incidents. The research conducted by At-Bay’s Cyber Research team aims to quantify the effectiveness of backup systems in reducing claim severity and business downtime. The findings indicate that while a significant percentage of businesses report having backups, a notable portion fails to restore data when needed. Specifically, 31% of businesses were unable to recover data from their backups after an attack, despite 92% claiming to have functioning backups. The report highlights that successful restoration from backups can lead to a 41% reduction in the severity of ransomware claims. Additionally, it underscores the importance of backup architecture, revealing that cloud-based backups have a higher recovery rate compared to other types. The report aims to guide organizations in improving their backup strategies to enhance data recovery and minimize the financial impact of cyberattacks.