The recent cyber-attack on discount retailer The Works, emphasises the need for organisations of all sizes to invest in ransomware prevention measures.
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When it comes to disaster recovery, how does one avoid becoming a statistic? By staying informed about the statistics of course. But the problem is that there are so many so which ones can you rely on and which ones can you chuck out the window? We managed to put together some stats from leading institutions to help you sift through the muck.
IT security is continually under threat – it is one of the leading causes of a disaster when it comes to companies in the UK losing data and the cost of disaster recovery. The 2015 Information Security Breaches Survey from PWC has the following to say about large organisations (companies with more than 250 employees):
The stats for small organisations (companies with less than 50 employees) are equally disturbing:
Sadly, whether big or small, 59% of them feel that they will experience another breach in the coming year.
In the US, 62 companies were surveyed about how they were preventing the need for disaster recovery by various mechanisms of data protection. The 2015 Cost of Data breach Study solicited by IBM from the Ponemon Institute:
Lowest ranking practices were what one would presume to be standard IT security practices: the implementation of security intelligence solutions by only 37% of companies; and security certifications or audits by only 19%.
In another study by PWC in November 2014, more than two thousand people were asked who they trusted the most when it comes to protecting personal data. Titled “How financial services lost its mojo – and how it can get it back”, the results are something these organisations need to take to heart:
It’s easy to leverage off the sensationalism of a surprising statistic but simply put, the credibility of a number comes from the credibility of its source. It goes to show that even the all-knowing Internet can get it wrong sometimes. In a changing disaster recovery landscape of evolving threats and maturing data protection software, keeping current and up to date is crucial in staying on the good side of
The recent cyber-attack on discount retailer The Works, emphasises the need for organisations of all sizes to invest in ransomware prevention measures.
Continue readingReading, April 28, 2022 – Redstor, the cloud-first backup platform of choice for MSPs, today announced the appointment of accomplished channel sales executive Mike Hanauer in a newly created role of Chief Revenue Officer (CRO). Known across the market for his revenue-generating successes with top data protection, recovery and security companies, Hanauer will spearhead global expansion plans for Redstor’s category-leading SaaS platform.
Continue readingThe Digital Operations Resilience Act (DORA) is the European Union’s attempt to streamline the third-party risk management process across financial institutions.
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