The original plan was to release Restore Files in December 2017 but it was not up to date. At a presentation at the conference on SharePoint on Saturday in San Diego, Production Manager of OneDrive Business, Stephen L. Rose revealed this feature will be available in the next few weeks.
This week has more information. According to Microsoft Office product roadmap, Files Restore will be available on OneDrive for Business later this month. This feature is not available on the free version, but there is another feature to protect against ransomware: Controlled Folder Access.
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