Data Recovery & Backup Challenges
Data loss is a serious issue. According to a recent study by IBM and the Ponemon Institute, the average cost of a data breach is $3.91 million. Additionally, it takes organizations 196 days, on average, to detect a breach. Ransomware was projected to attack a business every 14 seconds by the end of 2019, up from every 40 seconds during the previous year. Hence, data loss can have serious business implications.
Cloud-based Disaster Recovery Services will be used by 59 % of businesses by 2021.