Small and medium-sized businesses (SMEs) need to prioritise disaster recovery planning, considering the increasing number of cyber attacks, including ransomware. SMEs need to understand where their critical data is located and ensure it is adequately backed up, while also having systems in place to recover key applications. Challenges include skill shortages, limited resources, and experience with disaster recovery conditions. The cloud offers a viable solution, offering low or no up-front costs, and the ability to add capacity on demand along with numerous tools for backup and disaster recovery.
Cloud Detection and Response (CDR) company, Gem Security, has raised $23m in an oversubscribed Series A funding round. The round was led by GGV Capital