Data breaches in the financial sector are happening more frequently, and the damage they cause is growing. In 2024 alone, the average cost of a data breach in the financial industry reached a staggering $4.88 million. This number highlights how vulnerable banks are to cyberattacks.
The digital age has brought unprecedented opportunities for businesses to innovate and grow. However, this progress comes with significant risks. Cyber threats like ransomware, phishing, and insider attacks are on the rise, targeting businesses of all sizes.
At OTAVA, we prioritize the security and continuity of our clients’ operations. It’s important to note that OTAVA does not utilize CrowdStrike services nor offer it as part of our solutions. Despite this, we understand the interconnected nature of today’s IT environments and the potential indirect impact such incidents can have.
Disaster recovery (DR) is essential for business continuity, but choosing the right solution can be overwhelming. This guide explains how to select the best DR strategy by identifying the right solution, finding a provider that aligns with your goals, and asking the right questions.
Man-made disasters like industrial accidents, urban fires, and power outages can devastate businesses without proper recovery plans. Learn how strategic disaster recovery solutions, such as offsite backups and recovery strategies, can help your company stay resilient.
Cloud disaster recovery is crucial for minimizing downtime and data loss during emergencies. This article highlights five key considerations when choosing a cloud-based solution, including application dependency mapping, identifying mission-critical systems, setting RTO and RPO targets, maximizing ROI, and testing your DR plan.
Disaster recovery (DR) and backup are often used interchangeably but serve different purposes in protecting your business. This article explains the key differences, with backup ensuring data storage and DR providing quick recovery after a disaster.
Downtime can be costly, but there are key strategies to reduce the risk of outages. This article outlines five critical ways to mitigate this risk, including proper disaster recovery planning, regular testing, and investing in redundancy—click to learn how these proactive measures can keep your business online and resilient during unexpected disruptions.
