According to Dell, the number of cyber attacks and so-called “disruptive events” is steadily increasing, costing organisations millions. This is reflected in the company’s Global Data Protection Index.
The study shows that on average, organisations are managing nearly 40 percent more data than they did a year ago. The vast majority (81 percent) of respondents in the survey indicate that their current data protection solutions will not meet all of their future needs.
In Dell‘s Snapshot Report, a supplement to the Global Data Protection Index, the company surveyed 1,000 IT decision-makers from public and commercial organisations with more than 250 employees in 15 countries about data protection. Progress is visible regarding awareness: more and more organisations are realizing that their data protection is critical – 80 percent in 2019 compared to 74 percent in 2018.
According to the study, the organisations surveyed now manage an average of 13.53 petabytes of data, an increase of nearly 40 percent since the 2018 average of 9.70 petabytes. Compared to 2016, this is even an increase of 831 percent (!). The biggest threat to all this data is a growing number of “disruptive events”. These are events ranging from cyber attacks to data loss and system downtime. According to the Index, approximately 8 out of 10 organisations have suffered from one of these events in the past 12 months.
Increasing complexity and costs
Dell is also concerned that organisations that have more than one provider for their data protection are about twice as vulnerable, according to Dell. More and more companies are choosing this option. Also, the cost of outages is rising at an alarming rate. The 2018 Global Data Protection Index found that 41 percent of organizations worldwide experienced downtime, with an estimated average cost of $526,845 (approximately $426,650) per organisation.
According to Dell, there are a number of tools that organisations are sticking to. The top five solutions companies invest in include cloud-native applications (58 percent); artificial intelligence (AI) and machine learning (53 percent); software-as-a-service (SaaS) applications (51 percent); 5G and cloud edge infrastructure (49 percent); and Internet of Things/endpoint solutions (36 percent). However, these solutions are also often seen as a source of greater complexity, for example, when solutions from multiple areas are applied simultaneously.
According to Dell, organisations prefer a combination of different cloud approaches when implementing new business applications and protecting workloads, such as containers and cloud-native and SaaS applications. The study shows that organisations are opting for public cloud/SaaS (43 percent), hybrid cloud (42 percent) and private cloud (39 percent). As more and more data moves to, through, and around edge environments, many respondents say cloud-based backups are preferred, with 62 percent using the private cloud and 49 percent using the public cloud.