BFM Podcast

Cyberattacks on Businesses: Only 35% Successfully Recover 100% of Data

Tan KW
Publish date: Tue, 21 May 2024, 04:08 PM
Cyberattacks on Businesses: Only 35% Successfully Recover 100% of Data

21-May-24 12:00

Michel Borst, Asia Vice President, Commvault

AI in business cybersecurity is a never ending arms race, digitalisation is outpacing cybersecurity capabilities and capacities, and even when businesses have incident response plans, most employees don't know what it is. All this and much more as Enterprise Explores why data readiness and cyber resiliency matters for your business.

As AI solutions and cloud adoption accelerates as data grows at an unprecedented rate, Enterprise Explores the state of Data Readiness and Cyber Resiliency in ASEAN and the increasingly complex data and cyber environments with Michel Borst, Asia Vice President, at Commvault.

According to a Commvault study done in partnership with Tech Research Asia (TRA), ASEAN companies' data estates grew 31% on average in the last 12 months. Of that growth, their analysis suggests 60% was unstructured data, requiring significantly more management to be optimised and transformed into value.

This data and infrastructure sprawl also contributes to dark data (i.e. data that is created and unmanaged or sits outside of the businesses' scope of management control and/or visibility).

The study found 91% of companies have challenges managing dark data. As companies face unrelenting and sophisticated cyber attacks, many companies consider they have ineffective data recovery and cyber resiliency capabilities.

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