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Home Technology Security

Uncertainty about recovering from ransomware attacks

FutureIoT Editors by FutureIoT Editors
September 20, 2021
Photo by Tranmautritam from Pexels

Photo by Tranmautritam from Pexels

The Dell Technologies 2021 Global Data Protection Index (GDPI) findings reveal organisations are facing several data protection challenges driven by the constant threat of ransomware and the consumption of emerging technologies such as cloud-native applications, Kubernetes containers, and artificial intelligence.

According to the IDC's 2021 Ransomware Study: Where You Are Matters! survey, more than one-third of organisations worldwide have experienced a ransomware attack or breach that blocked access to systems or data in the previous 12 months.

To help address these rising – and seemingly inevitable – issues, Dell Technologies is introducing new software and services to accelerate virtual machine (VM) backup data availability, simplify management of large data sets, and maintain business continuity while alleviating dependencies on day-to-day cyber recovery operations.

According to Lucas Salter, general manager, Data Protection Solutions, Dell Technologies, Asia Pacific & Japan, the 2021 GDPI findings indicate that over two-thirds of the respondents from Asia Pacific and Japan are concerned that their organisations’ existing data protection measures may not be sufficient to cope with malware and ransomware threats.

“In this age of increasing cyber threats, we understand that the stakes have never been higher and protecting data has never been more complex.”

“We have been working with our customers across the region to address this growing challenge by adopting a holistic cybersecurity and data protection strategy to reduce risk and ensure resilience in the event of a ransomware or other cyberattack,” he added.

Study findings

  • Study shows organisations globally are managing more than 10 times the amount of data they did five years ago – from 1.45 petabytes in 2016 to 14.6 petabytes in 2021
  • Globally, 82% (APJ: 82%) of IT decision-makers are concerned their existing data protection solutions won’t meet all future business challenges
  • 62% (APJ: 68%) fear their existing data protection measures may not be sufficient to cope with cyber threats, while 74% (APJ: 72%) agree they have increased exposure to data loss with the growth of employees working from home
  • Global: 67%, APJ: 67%, lack confidence that all their business-critical data can be recovered in the event of a destructive cyberattack or data loss.
  • Global: 63%, APJ: 64% believe emerging technologies—such as cloud-native applications, Kubernetes containers, artificial intelligence and machine learning pose a risk to data protection, and the lack of data protection solutions for newer technologies was one of the top three data protection challenges for organisations.
  • On average, the cost of data loss in the last 12 months is approaching four times higher for organisations using multiple data protection vendors as compared to those using a single-vendor approach.
Tian Beng Ng

Tian Beng Ng, senior vice president and general manager, Channel, Dell Technologies, Asia Pacific and Japan said hybrid work arrangements bring with it new threats that make effective cybersecurity practices a challenge for businesses of all sizes.

“Successful security transformation is based on working in collaboration with a wider ecosystem — from partnering with vendors in providing the best-in-class solutions to enhancing cyber resilience with their local know-how.”

Related:  Building an enterprise-grade cybersecurity strategy
Tags: data protectionIDC
FutureIoT Editors

FutureIoT Editors

Strategic Insights for Chief Information Officers

FutureCIO is about enabling the CIO, his team, the leadership and the enterprise through shared expertise, know-how and experience - through a community of shared interests and goals. It is also about discovering unknown best practices that will help realize new business models.

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