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Today, cloud data protection provider Clumio announced the release of Clumio Protect for Amazon DynamoDB, a turnkey ransomware protection solution designed to protect data stored in Amazon DynamoDB storage from ransomware.
Clumio Protect provides organizations with air-breach ransomware protection by storing protected data in Clumio SecureVault and offering granular recovery capabilities in the event of breaches.
For businesses, this approach reduces the chance of an external attacker extracting or encrypting sensitive data so they can store data knowing it cannot be tampered with or deleted.
Shut down ransomware attacks
The announcement comes as ransomware attacks are on the rise, with SonicWall researchers recording 623.2 million ransomware attempts in 2021, a 105% increase from the previous year.
It also comes as attackers start to use double and triple extortion techniques to put as much pressure on organizations as possible to force them to pay.
While databases like AmazonDB have added backup and restore capabilities to help defend against ransomware attempts, these solutions offer limited protection against modern attacks because they don’t protect user accounts.
“Snapshots in the public cloud account do not protect against account compromise. Clumio provides isolated backups for mission-critical DynamoDB data that is stored outside of the customer’s access control domain, protecting against bad actors like ransomware and insider threats,” said Clumio Co-Founder and CEO , Poojan Kumar.
At the same time, “existing cloud-native data protection tools lack centralized visibility into DynamoDB data protection policies, creating additional work at audit time.”
Clumio Protect addresses both of these challenges by moving protected data where privileged users cannot access it, while providing centralized dashboards and reports to enable users to monitor the compliance status of DynamoDB assets.
An Introduction to the Ransomware Protection Market
The announcement comes as the ransomware protection market is expected to grow from a valuation of $41.25 billion in 2019 to $139.09 billion by 2027, as organizations seek to protect themselves financially from devastating ransomware attacks. , which have an average cost of $4.62 million per data breach. .
Clumio is not the only data backup provider on the market trying to provide enhanced data protection and backup capabilities for Amazon DynamoDB.
One of the organization’s main competitors is Commvault, which provides backup and recovery support for Amazon DynamoDB and recently announced that it generated $202.4 million in revenue during the last quarter of 2021.
Another competitor is TrendMicro, which offers continuous backup for Amazon DynamoDB, with point-in-time recovery of data stored in backups, which recently announced net sales of $1.899 billion by the end of 2021.
However, Kumar argues that Clumio Protect differs from the competition because it is the only turnkey anti-ransomware solution for DynamoDB, with isolated backups that cannot be changed or deleted. “Other existing value solutions for DynamoDB are not turnkey and require a lot of manual effort to enable. It also usually requires a vault per region and there is no global vault to seamlessly protect DynamoDB tables.
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