Protect Fintech Data With 5 Functions of Veeam Backup

Protect Fintech With 5 Functions of Veeam Backup

As a pandemic COVID-19 spread to almost all over the world, the demand for digital channels for payment, credit, business, and general cybersecurity, has accelerated. This can’t be said with no reason, of course, but technology has played a key role to grant loans and monitor the financial health of many individuals and SMEs. Therefore, it is not a surprise anymore to see if financial technology (fintech) and credit analytics will be crucial drivers of change in the future.

However, as a massive digital transaction has been made by users, it places Fintech as a vulnerable industry to be attacked by all kinds of cyber threats, including ransomware. It can be said as Fintech has personal or commercial financial and superannuation information. So, if the organization doesn’t have any proper protection or security system, ransomware may infect fintech IT systems as long as there’s a vulnerable gap in its IT system.

Implementing Veeam Backup can be the solution to protect Fintech data. Veeam prides itself on being in the front lines, fighting the good fight against ransomware, and protecting important data kept by the fintech. It offers transparent and actionable strategies on how to educating employees, rotating backup copies across several locations, and leveraging cloud options for making backups practically immutable.

Besides that, Veeam also has five functions that can protect fintech from a ransomware attack. Read those below here:

Protecting backup data from attack

protect fintech

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Air-gapped or “immutable” backups offer a powerful technique for being resilient against ransomware and other threats. Enabling a replica of its backup, stored out of reach from cyber attacks, utilizing controls that ensure deletions or changes cannot happen without strict multi-level approvals.

Veeam’s Scale-out Backup Repository (SOBR), partnered with Capacity Tier (also known as Cloud Tier), enables an easy-to-use capability that writes backup data into object storage on any platform that supports it. So, it will protect fintech data.

Detecting ransomware

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Detecting ransomware attacks in their initial stages can be difficult. That’s why Veeam provides the ability to closely monitor and protect fintech IT environment and be aware of any suspicious or abnormal activity.

By analyzing CPU usage, datastore write rate and network transmit rate, Veeam can protect fintech by identifying if there are higher than normal amounts of activity on a particular machine. Not only that but when the alarm is triggered, this immediately notifies fintech to inspect the machine, look at the resource counters and determine for the organization whether the activity is normal. If it’s not, this is a good indicator that more steps should be taken to determine if ransomware is the actual cause.

Ensuring ransomware-free backups

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Viruses can be undetected and dormant in IT current systems and ready to pounce. If this occurred to the organization, fintech can use the power of Veeam backup and root out ransomware threats before they attack. Not only that, but fintech also can keep ransomware out for good with an automated step to scan the backup for malware.

Restoring guaranteed virus-free workloads

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Viruses can be undetected and lay dormant in older backups. Therefore, fintech has to make sure it can protect itself. Secure Restore enables a complete anti-virus scan of its backups when restoring. Having access to the latest virus definitions helps safeguard against previously unknown viruses. That’s why it will protect fintech by providing greater confidence that dormant threats won’t be reintroduced back into the environment.

Testing workloads securely

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Unsure of a current workload? Suspect that it may be infected? No worries! Fintech can restore the data into a fully secured and isolated environment to test. By tapping into the power of Veeam to restore data, workloads and applications may into a fully isolated virtual sandbox environment. Test for cyber threats and other issues while performing potential remediation activities – without impacting any production system. So, it will protect fintech data against ransomware.

Zettagrid Indonesia is a Cloud Service Provider in Indonesia that provides Infrastructure as a Service (IaaS) such as VMware Virtual Data Center, VMware Virtual Server, Veeam Backup, and so on. If you have any questions related to our solution, you can reach us here or through