Case Study: Canadian Real Estate Investment Trust protects critical data from ransomware with Nexsan Assureon

Canadian Real Estate Investment Trust protects data from a $5 million ransomware attack with Nexsan

Canadian Real Estate Investment Trust, a Canadian real estate investment trust, needed a robust storage solution to manage large volumes of production data while adhering to stringent regulatory audit trails mandated by Canada’s Securities Act. To address this challenge, they partnered with vendor Nexsan to implement its Assureon immutable storage solution.

Nexsan implemented a dual-site replicated Assureon system for high availability and redundancy. This solution proved invaluable over a decade later when the trust was hit with a $5 million ransomware attack. The Nexsan Assureon system acted as an immutable data protector, and the Nexsan Customer Support team had the protected data securely transferred to an isolated drive in just over 2.5 hours, ensuring data integrity and accessibility. The total lifetime cost of the solution was less than $375,000 over 11 years, providing a highly cost-effective data insurance policy.