Data backup emergency for companies
At 89 percent of companies, data backup is coming up short, while budgets to deal with the growing cyber threat are increasing. A major manufacturer of backup solutions has identified such a data protection emergency.
The gap between an organization's expectations for a data protection strategy and the IT department's ability to meet them has never been greater. This is according to the Veeam Data Protection Trends Report 2022. This report, which surveyed more than 3,000 IT decision makers worldwide, finds that 89 percent of organizations are not adequately protecting their data. In addition, 88 percent of IT executives would expect budgets for data protection to increase more than IT spending in general. Data is simply becoming more and more important to business success, and the challenges of protecting that data are becoming more and more complex. This makes it all the more striking that there is still a kind of data backup emergency in many places.
The data protection gap is widening
Respondents said their data backup capabilities are not keeping up with the demands of the business. The frequency of how often data is backed up has increased by 13 percent over the past 12 months. This, they said, indicates that more strategies are needed to repeatedly protect data and that challenges within organizations have increased.
However, the second year of downtime was also a result of the pandemic, he said. Seventy-six percent of organizations experienced at least one ransomware event in the last 12 months. Depending on the attack, companies were unable to recover 36 percent of the lost data, prompting better data protection strategies.
To close the gap between data protection capabilities and the growing threat landscape, Veam says enterprises will spend about 6 percent more annually on data protection than on general IT investments. Only 67 percent of enterprises are already using cloud services as part of their data protection strategy, he said. However, platform diversity will increase significantly in 2022, with a balance expected to settle between cloud servers and data centers, he said.
Other findings from the Trend Report:
- Companies would have an availability gap: Ninety percent of respondents confirmed that they have an availability gap between their expected service level agreements and the speed with which they can recover their productivity. This figure had increased by 10 percent since 2021.
- Data remains unprotected: Although backups are a fundamental part of any data protection strategy, 18 percent of organizations worldwide do not back up their data - leaving it unprotected.
- Human error occurs far too frequently: Forty-six percent of respondents struggled with configuration errors by administrators, while 49 percent were hampered by users accidentally deleting, overwriting or corrupting data.
- Economic factors continue to be decisive: When asked about the most important factors when purchasing an enterprise data protection solution, 25 percent of IT executives said they wanted to improve the economics of their solution.
Source Veam
