{"id":15674,"date":"2019-11-25T21:11:07","date_gmt":"2019-11-26T02:11:07","guid":{"rendered":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/?p=15674"},"modified":"2022-10-14T18:27:35","modified_gmt":"2022-10-14T22:27:35","slug":"ransomware-meets-its-nemesis-and-its-called-blockchain","status":"publish","type":"post","link":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/security\/ransomware-meets-its-nemesis-and-its-called-blockchain.html","title":{"rendered":"Ransomware Meets its Nemesis \u2013 and it\u2019s Called Blockchain"},"content":{"rendered":"\n<p><strong>Guest blog post &#8211; 2020 PREDICTIONS:&nbsp; Douglas Brockett, president, StorageCraft<\/strong><\/p>\n\n\n\n<p>Three plain and simple items round-out next year&#8217;s predictions from StorageCraft. These are some pretty good thoughts and we wanted to be sure you saw them.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"alignright\"><img loading=\"lazy\" decoding=\"async\" width=\"450\" height=\"450\" src=\"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-content\/uploads\/2019\/11\/Douglas-Brockett.jpg\" alt=\"\" class=\"wp-image-15675\" srcset=\"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-content\/uploads\/2019\/11\/Douglas-Brockett.jpg 450w, https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-content\/uploads\/2019\/11\/Douglas-Brockett-90x90.jpg 90w, https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-content\/uploads\/2019\/11\/Douglas-Brockett-300x300.jpg 300w\" sizes=\"(max-width: 450px) 100vw, 450px\" \/><figcaption> <strong>Douglas Brockett, president, StorageCraft<\/strong> <\/figcaption><\/figure><\/div>\n\n\n\n<p><strong>RANSOMWARE MEETS ITS NEMESIS \u2013 AND IT\u2019S CALLED\nBLOCKCHAIN.&nbsp; <\/strong><\/p>\n\n\n\n<p>While it may take a while for blockchain to be adopted in\nthe financial markets or in other consumer-applications, its real-world use-case\nas a mechanism to prevent ransomware attacks will gain swift adoption. StorageCraft is way ahead of the rest\nof the industry with an already implemented blockchain file system. I\nfully expect a \u2018catch up\u2019 scramble amongst the data management vendors. We\u2019re the only ones to provide\nan immutable file system where data cannot be overwritten or deleted by\nransomware. Our fully auditable, immutable and unchangeable view of the history\nof data at rest means organizations \u2013 even with distributed environments &#8211; know\nif, when and where a ransomware infection occurred. Our ability to also provide\ncontinuous, immutable snapshots of data, means we can return data to its\npre-ransomware state.<\/p>\n\n\n\n<p><strong>CONVERGED INFRASTRUCTURE SPENDING PAYS OFF \u2013 PUTS\nLEGACY VENDORS ON NOTICE <\/strong><\/p>\n\n\n\n<p>Early adopters of converged data infrastructures will see\ntheir investments pay off in terms of economics, scale and agility. This will\naccelerate the maturing of the converged data infrastructure market &#8212; and put\na nail in the coffin for the big legacy vendors who have built their business\nmodels on having a different product line for everything.&nbsp; Buyers will no longer tolerate paying\nfor solutions from vendors that simply bifurcate their product lines over and\nover again. We will see the beginning of the end of siloed infrastructure\nvendors.&nbsp; <\/p>\n\n\n\n<p><strong>THE CHANNEL GETS WARY OF ACCIDENTAL VENDOR LOCK-IN<\/strong><\/p>\n\n\n\n<p>The M&amp;A cycle will continue in the MSP space with MSPs acquiring for scale and vertical expansion. However, as MSPs merge and consolidate, they should pay particular attention to consolidation on the vendor side.&nbsp; As MSPs focus on their OML (operational maturity level), standardization for them only makes sense if it aligns with their business plan. Standardization must be in line with the vision of how they wanted to build their business. In contrast, MSPs may be in for a rude awakening if they find themselves being consolidated into a technology platform &#8211; not out of choice but because of vendor consolidation. MSPs will need to be wary of this accidental vendor lock-in and make sure they can opt for best of breed where it makes business sense. We expect to win big here because, unlike our competitors, we offer a single technology stack for MSPs looking to standardize on their business continuity portfolio. In addition, StorageCraft offers a \u2018fit-in, stand-out\u2019 approach where our solutions also present themselves as best-of-breed options for data management, protection and recovery. <\/p>\n\n\n\n<p><strong>See the only cybersecurity vendors that&nbsp;<a href=\"https:\/\/www.itexpo.com\/east\/exhibitor-list.aspx\">matter&nbsp;<\/a>at the&nbsp;<\/strong><a href=\"http:\/\/www.itexpo.com\/\"><strong>ITEXPO<\/strong><\/a><strong>&nbsp;#TECHSUPERSHOW.<\/strong><\/p>\n\n\n\n<p><strong>Join others with $8.5B+ in IT buying power who plan 2020 budgets! Including 3,000+ resellers!<\/strong><\/p>\n\n\n\n<p>A unique experience with a collocated <a href=\"https:\/\/www.theblockchainevent.com\/\">Blockchain Event<\/a>,\u00a0<a href=\"http:\/\/www.sdwanexpo.com\/\">SD-WAN Expo<\/a>,\u00a0<a href=\"https:\/\/www.aiopsexpo.com\/\">AIOps Expo<\/a>\u00a0and\u00a0<a href=\"http:\/\/www.mspexpo.com\/\">MSP Expo<\/a>\u2026<\/p>\n\n\n\n<p>Feb 12-14, 2020, Fort Lauderdale, FL.&nbsp;<a href=\"https:\/\/www.itexpo.com\/east\/registration.aspx\">Register now<\/a>.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"640\" src=\"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-content\/uploads\/2019\/11\/itexpo-techsupershow-2019.jpg\" alt=\"\" class=\"wp-image-15557\" srcset=\"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-content\/uploads\/2019\/11\/itexpo-techsupershow-2019.jpg 1000w, https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-content\/uploads\/2019\/11\/itexpo-techsupershow-2019-768x492.jpg 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Guest blog post &#8211; 2020 PREDICTIONS:&nbsp; Douglas Brockett, president, StorageCraft Three plain and simple items round-out next year&#8217;s predictions from StorageCraft. These are some pretty good thoughts and we wanted to be sure you saw them. RANSOMWARE MEETS ITS NEMESIS \u2013 AND IT\u2019S CALLED BLOCKCHAIN.&nbsp; While it may take a while for blockchain to be<\/p>\n","protected":false},"author":44,"featured_media":15676,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[156],"tags":[1796,226,1912],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/posts\/15674"}],"collection":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/comments?post=15674"}],"version-history":[{"count":2,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/posts\/15674\/revisions"}],"predecessor-version":[{"id":15679,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/posts\/15674\/revisions\/15679"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/media\/15676"}],"wp:attachment":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/media?parent=15674"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/categories?post=15674"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/tags?post=15674"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}