48% were unable to recover their data even after adopting data protection measures: Report
Dell Technologies released the latest edition of its Global Data Protection Index (GDPI) Cyber Resiliency Multicloud Edition which brings into focus the threat of cyberattacks, the rise of generative AI and its impact, and the ongoing expansion into multicloud environments while highlighting how cyber threats continue to grow.
Here are the top ten takeaways from the report which surveyed organisations in the APJ (Asia Pacific and Japan) region, which includes India:
– 42% are confident about the data protection measures adopted by them to safeguard their existing data needs. They have an assurance that incase of any data breach, the loss incurred by them in terms of data loss will be minimal.
– 48% were unable to recover their data even after adopting data protection measures.
– 38% had to pay heavy amount to recover against their loss
– 21% feel that their data with a bandwidth of between 500GB – 1TB had been lost due to poor approach to a stronger measure to data protection
– 73% are facing issues related to their data protection because of the lack of consolidated data protection solutions for newer technologies like AI, edge etc.
– 45% have faced the issue of system downtime due to external security breach like cyberattack and were unable to recover their lost confidential data and the growing percentage of organizations facing this downtime is 50% for 1-2 days.
– 30% have lost around $1 million cost for cyberattacks or other cyber incidents happening in their business over the past 12 months
– 45% believe that GenAI will require a large dataset and a stronger data protection service to keep it protected
– 37% feel that GenAI should run in the public cloud helping them create synthetic data derived from real datasets, supporting robust testing and development without compromising data privacy.
– 47% feel that ensuring cyber security through hybrid or multicloud are one of the main barriers to their modernization initiatives.