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New Research from NetApp Finds One in Five Companies Unable to Recover Data After Cyberattack

Dec 04, 2024 - financialpost.com
A new study by NetApp reveals that one in five companies are unable to recover data following a cyberattack. The report, which surveyed over 1,300 cybersecurity leaders worldwide, found that more than 54% of organizations experienced a cyberattack in the past 12 to 18 months. The study emphasizes the need for businesses to adopt intelligent data strategies that prioritize secure-by-design infrastructures, with data classification playing a key role in enhancing cyber resilience.

The report also highlights the increasing security risks posed by misconfigurations and vulnerabilities in hybrid multi-cloud environments, the challenges posed by tool sprawl, and the potential of AI in cybersecurity. It further reveals that over 90% of respondents plan to increase cybersecurity spend in the next 12 to 18 months, focusing on integrated and proactive solutions. NetApp's Intelligent Data Infrastructure framework is suggested as a solution to address these cyber resiliency challenges.

Key takeaways:

  • More than 54 percent of organizations experienced a cyberattack in the past 12 to 18 months, with one in five unable to recover lost data.
  • Cloud Security Risks and Tool Sprawl Challenges are among the top threats, outpacing traditional attacks like ransomware.
  • Forty percent of organizations are leveraging AI for threat detection, with plans to expand its use for automating response and recovery.
  • Over 90 percent of respondents plan to increase cybersecurity spend in the next 12 to 18 months, focusing on integrated and proactive solutions.
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