As businesses continue to struggle with escalating cyber threats and natural disasters, small and medium-sized businesses (SMBs) and managed service providers (MSPs) face on-going challenges in data protection and disaster recovery. Insights from Cloud IBR, validated with findings from Veeam’s 2024 Ransomware Trends Report, are shared in its 2025 predictions for the SMB and MSP as originally featured in VMblog.com:
Key Highlights:
Elevated Ransomware Threats: Ransomware continues to disrupt operations, with a significant number of organizations experiencing multiple attacks in recent years. Veeam’s report reveals that 41% of data is compromised during a cyberattack, and only 57% of that data is recoverable, underscoring the necessity for robust, multi-layered data protection strategies.
Cost-Effective Disaster Recovery for SMBs: Traditional disaster recovery solutions often exceed the budgets of SMBs, leading many to operate without adequate safeguards. The emergence of Backup Recovery as a Service (BRaaS) offers a scalable, affordable alternative, enabling SMBs to implement comprehensive disaster recovery without substantial capital expenditure.
Enhanced Compliance Demands: The regulatory environment is intensifying, with increased scrutiny of compliance and security standards. SMBs, cloud providers, and MSPs must navigate complex audit requirements, necessitating solutions that streamline compliance reporting and ensure adherence to evolving regulations.
The Hidden Costs of Inaction: Opting against investing in disaster recovery can lead to significant financial and reputational damage. MSPs provide a compelling value proposition by offering expertise, reducing capital and operational expenses, and mitigating liability risks associated with data breaches or downtime. Veeam’s survey indicates that the ransom payment constitutes only 32% of the total financial impact on an organization after an attack, highlighting the broader consequences of inadequate preparedness.
The Imperative of Immutability: The adoption of immutable storage solutions is becoming essential. Such technologies ensure that backup data remains unaltered and secure, providing a reliable defense against ransomware attacks and data corruption.
For SMBs, these business continuity risk requirements should either be addressed internally or by an MSP to deliver tailored and cost-effective disaster recovery services. By leveraging solutions like BRaaS and emphasizing the importance of compliance and data integrity, MSPs can support the SMB who may not have the internal resources to ensure their production operations and backup data are safe and recoverable.
Full article featured in VMblog.com can be read here: https://vmblog.com/archive/2024/11/20/cloud-ibr-2025-predictions-smbs-and-msps-mastering-disasters-in-2025.aspx
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