Since data is so integral to the success of business functions, organizations must ensure that it is secure. Data can be irrecoverably lost or altered – through cyber-attacks, employee errors, or a host of other complications – which can bring business operations to a standstill.
However, as IT environments become more complex between on-premises data centers and the cloud, tracking, cleansing, and backing up the data is challenging. This challenge is compounded by the increase in multi-cloud environments that require IT teams to correlate and centralize data being stored across multiple cloud service providers. IT teams have faced these types of challenges before, managing the influx of applications and shadow IT brought in by different lines of business across distributed environments, and the increased use of cloud storage highlights the need for how important backup solutions are yet again.
Data Recovery & Backup Challenges
Data loss is a serious issue. According to a recent study by IBM and the Ponemon Institute, the average cost of a data breach is $3.91 million. Additionally, it takes organizations 196 days, on average, to detect a breach. Ransomware was projected to attack a business every 14 seconds by the end of 2019, up from every 40 seconds during the previous year. Hence, data loss can have serious business implications.
96% of global IT decision makers experienced at least one outage in the past three years.