The latest MGM Resorts ransomware attack demonstrates why cyber insurance is critical as part of a multi-layered security strategy. In our last blog, we discussed the recent Las Vegas cyber incidents and how no organization is completely safe. The original cyber incident at MGM Resorts occurred on September 10, 2023 — nearly two weeks ago now – and the company and its valued customers are still feeling its effects.
It has been a month since 11:11 Systems announced a new partnership with Veeam and AWS, bringing together global leaders in data protection and modern cloud architecture. That month has been quite a busy one for us as we begin rolling out solutions that leverage the best from our partnership and bring a new generation of services to 11:11 Systems’ core capabilities. Today we have production-level services available around the globe to make use of the innovations outlined in this post.
Picture this: Your IT infrastructure is breached by a nefarious actor, who then encrypts critical data and holds your organization hostage until a ransom is paid. Far from hypothetical, this is exactly what happened to multi-billion-dollar casino operator MGM Resorts International last week when hit with a ransomware attack – the latest in a string of large-scale, high-profile cyber security incidents.
Why AWS indeed. This is not one of those start with why posts, but hopefully a peek into the reasons behind our partnership with AWS and what that means for you and how it could benefit you. The beginnings of something great Public cloud is well established, with about 50% of all workloads now running in a public cloud location. We have heard of ”the big three” cloud providers: AWS, Azure, and Google Cloud.
In the world of cybersecurity, one thing is certain: no system is immune to vulnerabilities and bugs. Even security software, designed to protect your organization, can have its flaws. But before you start to panic, consider this: the presence of these bugs is not unique to any single security provider. In fact, if you were to investigate the history of major security vendors, you would discover that they too have encountered similar problems.
True cyber resilience involves much more than having a disaster recovery (DR) solution. That’s because recovery from a typical DR scenario is different than recovery from a cyber event. Why? For starters, disaster recovery scenarios usually involve human nature, mother nature, or technical failure: These are just a few examples.
