The EMC Global Data Protection Index 2016 has shown that companies are just not prepared for the threats. In the last two years, the number of companies that have suffered a data security breach has risen by 13%, with the average cost of putting it right at just over $900,000.
The survey showed that there are three major issues in data protection. The first is the threat to back-up data. This is just as much at risk as primary data, so companies need to be sure that their reserve data is also beyond the reach of cybercriminals.
A growing number of companies are going to be increasing their use of cloud apps within the next two years, but many businesses do not take additional steps to secure the data stored there. Most are using cloud computing for email applications, while many companies have around 30% of their IT systems in the public cloud. Some SaaS providers do not have coverage for any accidental loss or deletion, so this needs to be taken into consideration.
The issue of back-up and recovery is of prime concern, with more than 70% of businesses not sure if they would be able to recover data if there was a sudden loss. Companies also don’t have a great deal of confidence in the performance of data centres to keep up with evolving technology and speeds.