Best SaaS Ransomware Protection Solutions for 2024

Ransomware reached record highs in 2023, and trends have had no problem carrying over into 2024. Since the beginning of the year, numerous companies have reported significant data breaches and ransom demands, resulting in substantial financial losses and operational disruptions.

Ivanti software, Microsoft, UnitedHealth, XZ Utilis open source library, and AT&T are among some of the more well-known companies affected by major ransomware attacks in 2024, each resulting in millions of dollars in losses or ransom payments, severe damage to company reputation, and bringing day to day operations to screeching halt.  

The continuous and growing risk of data attacks and their increasing sophistication highlights how imperative ransomware protection has become.

Data is the lifeblood of modern business, and adopting third-party applications like Slack and Google Workspace has expanded vulnerabilities online. As your data increases daily across your third-party applications, so does the risk and impact of a ransomware event.

And once your data is encrypted, how will your business operate? 

If you rely solely on a backup, it will not be enough to maintain operations during an attack. Because backups are not able to detect or prevent an attack, they will always result in downtime for your business, costing you time and money as you restart your operations.

In order to fully defend your business against ransom attacks and operational downtime, you will need a ransomware detection and response solution.

Below we have listed some of the top contenders in the ransomware security market and listed key features to look out for, as well as their pros and cons to help you make an informed decision about which security group is a right fit for you.

1. SpinRDR (recommended)

Key Features:

• Automated regular backups for mission-critical SaaS Applications
• 24/7 monitoring
• AI-based ransomware  detection and response
• Live environment scanning and immediate remediation
• Granular backup management

Pricing:

• Custom quotes are available here
• Free trial available

How to Buy:

• Contact their sales team for detailed pricing and custom solutions.
• Request a demo here

Pros:

• 2-hour recovery SLA to minimize downtime caused by ransomware attacks
• Advanced threat detection and mitigation
• Google Recommended
• Regional backup options

Cons:

• Limited to Google Workspace, Microsoft 365

Check out their customer reviews on G2

2. Spanning

Key Features:

• Automated daily backups, purpose-built for Microsoft 365, Google Workspace, and Salesforce
• Proactively monitors the Dark Web for stolen credentials 
• Powerful search and discovery tool making backups easy to find and restore

Pricing:

• Pricing varies depending on the platform and number of users. Typically, it starts at around $48 per user per year
• Custom pricing is available for large enterprises and educational institutions
• Free Trial Available

How to Buy:

• Visit the Spanning website and request a quote.

Pros:

• Reliable and automated backup process
• Quick and easy data recovery

Cons:

• Pricing can be high 
• Trouble assigning licensing
• Clunky user interface
• Limited features compared to some competitors
• Limited to Google Workspace, Microsoft 365, and Salesforce

3. SysCloud

Key Features:

• Comprehensive backup and recovery for most mission-critical SaaS applications
• Powerful search function to easily find content inside any email, file, or conversation
• Real-time data loss prevention, automated policy enforcement, and active compliance management
• Detailed audit logs and reporting

Pricing:

• Pricing is subscription-based, based on the number of environments and users
• Free Trial Available

How to Buy:

• Contact their sales department for a demo

Pros:

• Built for K-12 Schools and Nonprofits
• Strong focus on data security and compliance
• Includes QuickBooks and HubSpot among protected apps
• Real-time monitoring and alerts
• Extensive reporting capabilities

Cons:

• Targeted at K-12 schools and nonprofits
• May have a steeper learning curve for new users
• Higher cost for additional features

4. Backupify

Key Features:

• Backup solutions for Google Workspace and Microsoft 365
• Automated, continuous backups with customizable retention policies
• Secure data storage with encryption
• Easy-to-use interface for data recovery and management

Pricing:

• Volume discounts and enterprise pricing are available
• Free Trial Available

How to Buy:

• Contact sales for a free trial and pricing.

Pros:

• User-friendly and efficient backup and restore processes
• Competitive pricing for small to medium businesses
• Automated, set-it and forget-it functionality
• Common mid-market solution 

Cons:

• Limited to Google Workspace and Microsoft 365 environments
• Challenges with licensing and account management 

5. Veeam

Key Features:

• Comprehensive backup and disaster recovery solutions 
• High-speed recovery and data loss avoidance
• Ability to choose storage options and types based on location and quality
• Advanced monitoring, analytics, and automation tools
• Secure zero-trust data protection with encryption and ransomware protection

Pricing:

• Subscription-based and perpetual licensing options are available
• Foundation, Advanced, and Premium tiering based on needs and budget

How to Buy:

• Purchase directly from the Veeam website.

Pros:

• Extensive feature set for various environments
• On-prem backups available
• High-performance backup and recovery
• Strong community and customer support network

Cons:

• Pricing can be complex and potentially high for smaller businesses
• Requires technical expertise to fully leverage all features
• Difficult integration process
• Strictly on-prem solution

5. Rubrik

Key Features:

• Unified platform for data management, backup, and disaster recovery
• Simplified data protection with policy-driven automation
• Instant data recovery and cloud mobility
• Comprehensive security and compliance features
• Data is stored through an in-house storage vault, outside of AWS, GCP, or Azure 

Pricing:

• Custom subscription-based pricing based on the organization’s specific needs and environment

How to Buy:

• Contact Rubrik directly through their website for a personalized quote.

Pros:

• Easy to manage with a user-friendly interface
• Strong performance and scalability
• Robust security and compliance support

Cons:

• Higher cost compared to some vendors
• The initial setup can be complex
• Complicated licensing model
• Third-party application protection limited to Microsoft 365

6. AFI 

Key Features:

• Integrated backup and cybersecurity solutions
• AI-based ransomware protection 
• Centralized management and monitoring
• SaaS protection is available for Google Workspace and Microsoft 365

Pricing:

• Custom quotes are available for cloud data platform

How to Buy:

• Direct purchase from the AFI website.

Pros:

• Combines data protection and cybersecurity
• Advanced threat detection and mitigation
• Wide range of supported environments

Cons:

• It can become costly if large storage is needed
• It may require technical expertise for optimal setup and management

If your company has embraced cloud data storage, breaches will become an inevitable reality. Investing in a ransomware protection solution that best fits your needs is one of the imperative steps to better securing your data and having a reliable backup at your disposal in a crisis.

With various solutions, features, and pricing packages available, it is essential to evaluate each option thoroughly, but don’t wait for a breach to occur to realize you need a plan. Take proactive steps now and contact a provider today for a demo and consultation.