Three Key Ways To Protect Your Organization's Data
Enterprises globally are grappling with change. Evolving market disruption from agile new entrants and shifting consumer behavior boosted by mobile and online apps aren’t making the task easy. In this backdrop, our enterprises continue to be vulnerable to dynamic challenges in our environment, such as a cyberattack. Strangely, the 2016 Asia-Pacific Defense Outlook released by Deloitte Touche Tohmatsu Limited (DTTL) reveals that 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 - appears 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. According to an EMC-sponsored sponsored a study to determine the state of data protection preparedness globally including the Asia Pacific and Japan (APJ), alarmingly, businesses in India recorded unplanned data losses and downtime in excess of USD 2.6 million in the last 12 months found our study. It is also equally worrying that nearly 55 percent of organizations in India 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, 60 percent of Indian organizations we surveyed are currently using cloud technology for long term retention of data.
Yet currently just less than 38 percent of our respondents said they protect cloud data against corruption and again less than 44% 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.
2.Prepare for the worst
Business continuity planning has become ever more critical, particularly with rising threats - not just to primary data, but also to backup and protection data. 46% of Indian organizations we surveyed have lost data as the result of an external or internal security breach.
One way to prepare for accidental data loss is to create protection copies. But the problem is that when hackers deliberately try to take down a business, they can attack those protection copies too.
To address these rapidly changing threats, using a solution that will create a virtual panic room for your most valuable data will isolate it from networked systems that could be compromised in a cyberattack. This will also make sure data can be restored even from the most extensive attack.
Whether combating cyber extortionists demanding cash to unlock data encrypted by ransomware, or other risks posed to backup and protection data, be prepared so that your ‘data of last resort’ is beyond harm’s reach.
3.Plan for the future
Over 83 percent of Indian organizations in our study said their data protection solutions will not be able to meet all their future business challenges. If you’re struggling with low confidence levels, it’s time to relook at your infrastructure and invest in technologies that combine disaster recovery with business continuity and data protection. By cutting backup times and restore times, these solutions will ensure mission-critical applications are always available and responsive, letting your business focus on innovation instead of infrastructure.
As you embark on your next phase of business growth and as you continue to transform the enterprise, it is time to prepare for newer challenges in cyber threats by planning your data protection strategy. Are you ready to face the forces of change?
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