56 percent more disaster recovery events in Microsoft 365 domains
Analysis of N-able Cove data shows a significant increase in partner backup and disaster recovery. Resilience against ransomware and other attacks is becoming an increasingly important issue for MSPs and their customers.
Global software company N-able, which helps IT service providers deliver remote monitoring and management, data protection as a service and security solutions, has published "The MSP Horizons Report". As part of the analysis, N-able examines the current state of AI and how MSPs are using it today. The data was gathered through a comprehensive global survey of managed service providers and in-depth interviews.
The 56 percent increase in disaster recovery events for Microsoft 365 domains is significant. This underlines the need for a dedicated backup of Microsoft 365 environments. Although Microsoft 365 offers excellent productivity tools for companies, these are vulnerable to cyber attacks. External and internal threats, accidental deletion and also regional compliance regulations make the solid backup of Microsoft 365 data essential.
"Backups should have been a matter of course for around 30 years. But the need to protect against the consequences of insider threats or external attacks has never been greater. Because cyberattacks are not only increasing, but also becoming more sophisticated, MSPs today need a backup architecture that is also resistant to ransomware," explains Chris Groot, General Manager of Cove Data Protection at N-able.
"Ransomware organizations are always loudly emphasizing that they can compromise basic backups. But they also specifically look for backup files to encrypt. MSPs know the problem," Groot continued. "Our report shows that organizations are increasingly turning to MSPs to help manage the ever-growing threat of ransomware and other cyberattacks. So MSPs need to position themselves as trusted advisors and service providers by deploying the tools and solutions to best protect their customers."
According to the N-able 2024 Horizons Reports 67% of the MSPs surveyed expect their backup services business to continue to grow. This is also supported by the year-on-year comparison:
- 56 percent more disaster recovery events in connection with Microsoft 365.
- Around 1,000 more MSPs than in the previous year offer backup services for Microsoft 365 with Cove.
- Cove currently protects over 2.2 million Microsoft 365 end users, which is 46 percent more than last year. Around 42 petabytes of Microsoft 365 data are backed up.
"Ransomware continues to be one of our biggest concerns when it comes to protecting our customers," said Simon Beckett, Director at DynaCom IT Support Ltd. "So it's essential that we can effectively protect Microsoft 365 data, which is one of the highest risk areas for ransomware attacks. We've been avid Cove users for about ten years, because Cove makes it almost child's play to ensure we're always doing the right backup and disaster recovery for customers."
Source: www.n-able.com