I bet most companies who are confronted with ransom demands would die for tape backup even if restoration took a week (which is the amount of time they need anyway to get the whole mess sorted out).
For sure - that would fall under catastrophic IMO (odds of any company getting crypto ransomed are low on any given year, though increasing, and can kill the company if there isn’t any prep).
A lot of companies are pretty terrible at figuring out catastrophic tail risks like this too.
Tape has it’s niche, this is one of them for sure.
