New Research from NetApp Finds One in Five Companies Unable to Recover Data After Cyberattack
December 04 2024 - 8:00AM
Business Wire
Survey of cybersecurity leaders highlights the
importance of data classification in enhancing cyber resilience
NetApp® (NASDAQ: NTAP), the intelligent data infrastructure
company, today announced the release of its latest report analyzing
the state of cybersecurity and offering actionable insights to help
organizations strengthen their cyber resiliency. The Futurum Group
study, "Cloud, Complexity, AI: The Triple Threat Demanding New
Cyber Resilience Strategies" sponsored by NetApp, provides a
comprehensive analysis of evolving cyber threats and resiliency
strategies.
The study, which surveyed over 1,300 cybersecurity leaders
across industries worldwide, reveals that 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. The report
highlights the urgent need for enterprises to leverage intelligent
data infrastructure to address growing risks posed by sophisticated
threats, operational complexity, and the challenges of hybrid
multi-cloud environments.
"The findings clearly highlight the urgency for organizations to
rethink their cybersecurity strategies in an era of escalating
threats,” said Gagan Gulati, General Manager for Data Services at
NetApp. "To reduce risks and ensure faster recovery, businesses
must adopt an intelligent data strategy that prioritizes
secure-by-design infrastructures, embedding security at the core of
their data management approach. With data as a company’s most
valuable asset, resilient storage solutions—such as those offered
by NetApp—serve as the last line of defense in a comprehensive
security strategy, safeguarding critical information and enabling
long-term success in hybrid multi-cloud environments."
Key Findings:
- Cloud Security Risks: Misconfigurations and
vulnerabilities in hybrid multi-cloud environments are now among
the top threats, outpacing traditional attacks like ransomware. As
organizations rely increasingly on hybrid cloud infrastructures,
addressing these vulnerabilities is critical to maintaining data
security and operational continuity.
- Tool Sprawl Challenges: Seventy percent of respondents
use more than 40 cybersecurity tools, with 84 percent citing
operational complexity as a major inhibitor to cyber resiliency.
This complexity creates protection gaps and inefficiencies,
underscoring the need for tool consolidation and integrated
solutions to streamline operations.
- AI in Cybersecurity: Forty percent of organizations are
leveraging AI for threat detection, with plans to expand its use
for automating response and recovery. AI’s ability to identify and
mitigate threats at scale is powerful, but balancing its use with
managing false positives and ensuring robust human oversight is
essential to its success.
- Data Classification is Key: Organizations with strong
data classification frameworks recover from attacks more
effectively, emphasizing its role as a cornerstone of cyber
resiliency. This underscores the importance of embedding
intelligent data infrastructure that not only classifies and
protects data but also enables real-time anomaly detection and
resilient recovery, enabling business continuity even in worst-case
scenarios.
- Increased Investment: Over 90 percent of respondents
plan to increase cybersecurity spend in the next 12 to 18 months,
focusing on integrated and proactive solutions. Proactive
investment can address the rising cost of cyberattacks and the
growing complexity of threats, ensuring resilience and operational
trust.
NetApp's Intelligent Data Infrastructure framework helps
organizations address the cyber resiliency challenges revealed in
this report by enabling organizations to take a proactive approach
to data protection. By leveraging advanced data classification,
AI-driven threat detection, and integrated security measures,
organizations can more easily implement stringent governance
practices, detect and respond to threats in real-time, and maintain
compliance with evolving industry standards. As highlighted by the
report, organizations with resilient data infrastructure have seen
significant improvements in recovery times and overall data
security, demonstrating that it is a critical component in modern
cybersecurity strategies.
"This survey sheds light on the critical role of visibility and
data-centric strategies in navigating the evolving cybersecurity
landscape," said Daniel Newman, CEO at The Futurum Group. "By
harnessing intelligent data infrastructure solutions, organizations
can better protect their assets, ensure recovery, and thrive amidst
disruption."
The report emphasizes the critical role of AI and integrated
technologies as game-changers in combating increasingly
sophisticated attack vectors. By leveraging AI alongside robust
data classification and consolidated toolchains, enterprises can
mitigate risks more effectively, reduce response times, and enhance
visibility across sprawling hybrid multi-cloud environments.
To explore the full findings of the Cybersecurity Visibility
Study 2024 and discover how IT and Security leaders are thinking
about challenges and opportunities shaping the future of cyber
resilience in the enterprise, visit
https://www.netapp.com/media/120378-netapp-cloud-complexity-ai.pdf.
Methodology
In Fall 2024, NetApp collaborated with Futurum Research to
conduct a comprehensive survey of over 1,300 cybersecurity leaders
worldwide. The respondents included C-Level executives, Vice
Presidents, and Directors in IT and Security, representing a
diverse range of industries. The report draws on insights from the
survey, as well as 15 in-depth interviews with selected
decision-makers, offering a detailed analysis of the challenges and
opportunities shaping the cybersecurity landscape today.
Additional Resources
- Empowering Cyber Resilience in the Digital Age
- The State of Cyber Resiliency 2024/2025
- Cyber Resilience: The Most Secure Storage on the Planet
About NetApp
NetApp is the intelligent data infrastructure company, combining
unified data storage, integrated data services, and CloudOps
solutions to turn a world of disruption into opportunity for every
customer. NetApp creates silo-free infrastructure, harnessing
observability and AI to enable the industry’s best data management.
As the only enterprise-grade storage service natively embedded in
the world’s biggest clouds, our data storage delivers seamless
flexibility. In addition, our data services create a data advantage
through superior cyber resilience, governance, and application
agility. Our CloudOps solutions provide continuous optimization of
performance and efficiency through observability and AI. No matter
the data type, workload, or environment, with NetApp you can
transform your data infrastructure to realize your business
possibilities. Learn more at www.netapp.com or follow us on
X, LinkedIn, Facebook, and
Instagram.
NETAPP, the NETAPP logo, and the marks listed at
www.netapp.com/TM are trademarks of NetApp, Inc. Other
company and product names may be trademarks of their respective
owners.
About The Futurum Group
The Futurum Group is the fastest- growing independent tech
research, intelligence, media, and advisory firm. Its organic
growth is driven by emerging technologies and innovation across its
clientele of more than 260 global companies. Futurum covers twelve
major technology sectors: AI & data analytics, cloud, telecom,
policy, consumer electronics, enterprise applications, security,
semiconductors, workplace collaboration, sustainability, and CX. In
2023 it has acquired half a dozen companies in areas of research,
intelligence, media, and performance testing and validation.
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version on businesswire.com: https://www.businesswire.com/news/home/20241204675480/en/
Media Contact: Kenya Hayes NetApp
kenya.hayes@netapp.com
Investor Contact: Kris Newton NetApp
kris.newton@netapp.com
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