This vendor-written piece has been edited by Executive Networks Media to eliminate product promotion, but readers should note it will likely favour the submitter's approach.
Enterprises globally are grappling with change. Evolving market disruption from agile new entrants and shifting consumer behaviour boosted by mobile and online apps aren't making the task easy.
Amid this backdrop, our enterprises continue to be vulnerable to dynamic challenges in our environment, such as a cyberattack. According to the 2016 Asia-Pacific Defense Outlook released by Deloitte Touche Tohmatsu Limited (DTTL), despite having higher technological maturity as compared to younger nations in the region, Asia Pacific's 'Cyber Five' - Singapore, South Korea, Australia, New Zealand and Japan -- appear nine times more vulnerable to cyberattack than other Asian economies.
Fortifying your enterprise against a breach is critical to survive and sustain. Protecting your data is a vital first step towards this goal.
As a leader in developing modern business infrastructure, EMC sponsored a study to determine the state of data protection preparedness globally including the Asia Pacific and Japan (APJ). We surveyed 2,200 respondents across 18 countries as part of the EMC Global Data Protection Index 2016 and measured the impact of data disruption and confidence levels among enterprises to meet current and future challenges.
Alarmingly, businesses in Singapore recorded unplanned data losses and downtime in excess of US$2.2 million in the last 12 months our study found. It is also equally worrying that nearly 80 percent of organisations in Singapore surveyed stated they were not fully confident of their ability to recover after a disruption.
Given the increasingly complex threats to data, and the resultant high cost of data loss, what can businesses do to protect their data and the bottom line? Here are three ways:
1. Protect your cloud, as you do your on-premise IT
As enterprises across the Asia Pacific move forward on their digital transformation journeys, cloud technologies will be a key element in their business strategy. In fact, 49 percent of Singaporean organisations we surveyed are currently using cloud technology for long term retention of data.
Yet currently just less than 50 percent of our respondents said they protect cloud data against corruption and again less than 50 percent are protecting against deletion. Why? Because these businesses believe that their cloud provider protects their data for them. However this is a fallacy. Truth is, if an employee accidentally deletes files or introduces a virus, that's generally not covered by a cloud provider.
To avoid these issues, it is just as important to plan your data protection strategy in cloud IT environments as you do for your on-premise.
Software defined backup solutions will enable you to take scheduled backups of your in-app data, both on and off-premise, to ensure you always have a fallback version of your files if one is required. It also gives you the flexibility to provide cloud-cloud and on-premise-to-cloud data protection, while driving down costs.
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