Disruptions increase as organizations manage more data
Organizations now manage 13.53PB of data on average
When you purchase through links on our site, we may earn an affiliate commission.Here’s how it works.
Organizations on average are managing almost 40 percent more data than they were a year ago according to new research fromDell Technologiesand this surge in data comes with inherent challenges.
To compile its newGlobal Data Protection Index 2020 Snapshot, the company surveyed 1,000 IT decision makers at public and private organizations with 250+ employees from 15 different countries to learn more about how these challenges impact their data protection readiness.
The findings fromDell’s survey show that an increasing number of organizations (80% in 2019 up from 74% in 2018) now see the value in their data. President of Dell Technologies Data Protection Beth Phalen explained why data protection strategies will be essential to businesses in the nextdata decadein apress release, saying:
“Data is the lifeblood of business and the key to an organization’s digital transformation. As we enter the next data decade, resilient, reliable and modern data protection strategies are essential in helping businesses make smarter, faster decisions and combat the effects of costly disruptions. These findings prove that data protection needs to be central to a company’s business strategy. As the data landscape grows more complex, organizations need nimble, sustainable data protection strategies that can scale in a multi-platform, multi-cloud world.”
With more data comes increased disruptions
According to Dell’s study, organizations are now managing 13.53PB of data which marks a nearly 40 percent increase from 2018 when the average was 9.70PB and an 831 percent increase since organizations were managing 1.45PB of data in 2016.
Cyberattacks, data loss and system downtime are the largest threats to all of this data and the majority of organizations (82%) suffered a disruptive event during the course of the last 12 months. Additionally, 68 percent of organizations fear they will experience a disruptive event in the next 12 months.
The study also found that organizations which are using more than onedata protectionvendor are approximately two times more vulnerable to a cyber incident that prevents access to their data. However, the use of multiple data protection solutions is on the rise with 80 percent of organizations choosing to deploy solutions from two or more providers.
Are you a pro? Subscribe to our newsletter
Sign up to the TechRadar Pro newsletter to get all the top news, opinion, features and guidance your business needs to succeed!
The cost of disruption is also increasing and the average cost ofdowntimesurged by 54 percent from 2018 to 2019, resulting in an estimated loss of $819k in 2019. These costs are also significantly higher for organizations using more than one data protection vendor.
While disruption can have serious negative effects for any business, the likelihood that organizations will suffer data loss, system downtime and cyberattacks will likely only increase as companies continue to manage even more data.
After working with the TechRadar Pro team for the last several years, Anthony is now the security and networking editor at Tom’s Guide where he covers everything from data breaches and ransomware gangs to the best way to cover your whole home or business with Wi-Fi. When not writing, you can find him tinkering with PCs and game consoles, managing cables and upgrading his smart home.
This new malware utilizes a rare programming language to evade traditional detection methods
Google puts Nvidia on high alert as it showcases Trillium, its rival AI chip, while promising to bring H200 Tensor Core GPUs within days
Arcane season 2 confirms the hit series isn’t just one of the best Netflix shows ever made – it’s an animated legend that’ll stand the test of time
