Tipranks Eon Introduces Ransomware Protection for Cloud Databases Amid Rising Attack Costs
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- •Eon has launched ransomware protection specifically for managed cloud databases.
- •Global ransomware damage is forecasted to reach $74 billion in 2026, a 30% increase from 2025.
- •The new technology allows for data recovery in minutes and aims to prevent prolonged operational disruptions.
Eon has launched a new ransomware protection technology specifically designed for managed cloud databases, addressing a critical gap in enterprise security as organizations transition from on-premises servers to cloud environments. This new capability enhances Eon's existing ransomware protection suite, enabling enterprises to detect corruption, isolate anomalies, and restore trusted data efficiently. With global ransomware damages projected to reach $74 billion in 2026, the need for robust recovery solutions is urgent. Eon's platform analyzes database backups to validate recovery points and allows for recovery in minutes instead of days. The technology aims to help organizations avoid paying ransoms or experiencing prolonged operational disruptions. Eon emphasizes that its solution is built to ensure data remains secure and readily usable, aligning with the increasing reliance on cloud-native infrastructure. This launch comes as a response to the growing financial risks posed by ransomware attacks, which are expected to cost organizations $265 billion annually by 2031.
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