The average cost of these events was $US913,958 ($A1.26m), with an average of 22 hours' unplanned system downtime costing a further $US555,000 ($A768,000).
Cloud-based storage had emerged as an important part of data protection strategy, with 41 percent using automatic backups to cloud services and, with 34 percent adoption, backup to tape still the most likely archive strategy for long-term data storage.
Businesses "are facing a rapidly evolving data protection landscape on a number of fronts, whether it's to protect modern cloud computing environments or to shield against devastating cyber attacks," EMC Information Infrastructure CEO David Goulden said in a statement. "Our research shows that many businesses are unaware of the potential impact and are failing to plan for them, which is a threat in itself."
Source: CSO Australia
Sign up for CIO Asia eNewsletters.