Intelligent CIO APAC Issue 1 - Page 34

EDITOR’S QUESTION LUCAS SALTER, GENERAL MANAGER, DATA PROTECTION SOLUTIONS, APJ, DELL TECHNOLOGIES Q + A + Q + A + Q + A + Q + A + Q + A + Q + A + Q + A + As many businesses in the APAC region are deploying, or plan to deploy, mission-critical workloads into both public and private cloud, the sheer volume of data they need to manage continues to grow exponentially. With this data surge, organisations are increasingly appreciating the value that this data holds, with most finding ways to monetise or gain greater insight into their customers. What this suggests is that data has become the lifeblood of businesses and a key factor in determining an organisation’s success. Because of the intrinsic value of this new wealth of data, it is not surprising that it has become a target for cyberattacks. This threat, combined with other disruptive events such as accidental data loss and system downtime, means that instances of data loss are growing at an alarming rate. Recently, Dell Technologies released the findings of its Global Data Protection Index (GDPI) which found that cyberattacks and disruptive events are on the rise, affecting 82% of organisations surveyed. Due to this far reaching impact, the estimated total cost of data loss increased to more than US$1 million per organisation since March 2019, and this doesn’t include the reputational and operational costs that the business will suffer at the same time. As well as noting a rise in disruptive events in the past 12 months, the GDPI report also found that the majority (68%) of respondents were concerned that their organisation would experience a disruptive event sometime over the next year. Meanwhile, 45% of respondents anticipate that some kind of unplanned system downtime will occur in the next 12 months leading to substantial data loss, while 35% “ NO MATTER HOW DATA IS LOST, DAMAGED OR RESTRICTED, IT IS A PRICE TOO HIGH FOR ANY BUSINESS TO PAY. predict a malicious cyberattack or other cyber incident that prevents access to data. The main point that is highlighted by the GDPI report is that no matter how data is lost, damaged or restricted, it is a price too high for any business to pay. As we enter the next data decade, resilient, reliable and modern data protection strategies are essential in helping businesses make smarter, faster decisions and combat the effects of costly disruptions. Dell Technologies can help an organisation understand what its data and cybersecurity needs are and assist them on their journey to implementing a tailored data protection strategy to fit their business. Dell Technologies has a full portfolio of solutions that can protect data holistically, wherever it sits, with best in class data and network efficiency and flexibility. 34 INTELLIGENTCIO