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Over 50% of 250 Companies Surveyed Lost Business Data in
2011
The 2011 Business Data Loss Survey has been released,
uncovering the major IT challenges when it comes to protecting endpoint data and
furthering our understanding of where data loss vulnerability and risk in
enterprises lie.
In 2011, over 50% of the 250 companies
surveyed have lost business data. An even more concerning result was that
10% of companies could not recover their data if
lost, while 27% estimated it would take
around 24 hours to recover lost data.
A recent report listed the average cost
of a lost or stolen laptop at $50 000. The 2011 Business Data Loss Survey
uncovered that 30% of respondents value the data on their laptop or desktop at
over $25 000.
Combine the value of business data with the potential reputational risks of
losing it and the corporate governance requirement of protecting organizational
data and enterprises have a pressing incentive to ensure they employ an
effective endpoint data protection solution.
These statistics reveal a definite void
between the reality of data loss and organizations employing working solutions
to the problem. 45% of those surveyed found their data backup solution only
'moderately effective' while 22% believe their current data protection is
ineffective.
Another discovery was that 60% of companies now use laptops as their primary
system-illustrating a definite move towards business data mobility and an
increase in 'road warriors'. This mobilisation of corporate data increases data
loss risks as well as intensifies possible cyber security threats and
unauthorised access to corporate information. Increased user mobility also
results in inflated bandwidth costs - over 67% of companies reported
significantly higher bandwidth and storage costs in the 2011 Data Loss survey.
One of the key challenges acknowledged
in storage planning for 2012 being that IT tends to look at user data protection
in the traditional sense, meaning from the centre out, instead of from the edge,
inward - with the main areas of risk and exposure residing on endpoint user
devices such as laptops and desktops. It is clear that in 2011, data loss - and
specifically laptop and desktop data loss - has become a definite pain-point for
enterprise IT.
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