HOPKINTON, Mass., June 28, 2016 News Highlights:
- New EMC-sponsored global research surveys IT decision-makers at
2,200 organizations to index data protection maturity, threats and
trends
- Incidents of traditional data loss and disruption are down
since 2014, but new challenges mean 13% more businesses experienced
loss overall
- 36% of organizations have lost data in the last year as the
result of a security breach
- Research reveals average cost of data loss more than
US$914,000
- Over half of businesses fail to protect data in the cloud
despite more than 80% indicating they will rely on SaaS-based
business applications
- 73% of organizations not very confident they can protect flash
storage environments
- EMC delivers new Isolated Recovery Solutions line to help
enterprises air gap data from destructive cyber attacks
Connect with us:
- Read the full EMC Global Data Protection Index 2016
findings
- Find out more about how EMC can help you ensure protection
everywhere
- Learn more about EMC's Isolated Recovery Solutions line
- Read Chris Ratcliffe's Blog on
EMC Reflections: "Protecting Your Business From A Destructive
Cyber Attack"
- Read Beth Phalen's Blog on EMC
Pulse: "Is Your Data Still Protected? Three Steps That Could
Save Enterprises $1m A Year"
- Follow @EMCCorp, @EMC_News @EMCProtectData and @EMCStorage on
Twitter and join the conversation, and like EMC
on Facebook
EMC Corporation (NYSE: EMC) today announced the results of new
research revealing that organizations are failing to appreciate the
growing challenges of protecting their data and, as a result, are
experiencing the economic impact of data loss. New findings from
the EMC® Global Data Protection Index 2016, an independent study by
Vanson Bourne of enterprise backup
in 18 countries around the world, revealed that, while businesses
have been successful in reducing the impact of the four biggest
traditional data loss risks1, they are unprepared for
new, emerging threats, which are taking their toll instead. When
compared to the EMC Global Data Protection Index 2014, 13% more
businesses experienced data loss or disruption in the last 12
months, costing them an average of US$914,000.
EMC commissioned the updated research to help organizations
recognize and prepare for the rapidly changing landscape of threats
to enterprise data. Survey results from the EMC Global Data
Protection Index 2016 identified the following three major
challenges to modern data protection:
1) Threats to Protection Data
Nearly a quarter (23%) of businesses surveyed had experienced data
loss or unplanned systems disruption due to an external security
breach and that number increased to over one third (36%) when
taking internal breaches into account. Businesses are increasingly
facing threats not just to their primary data, but also to their
backup and protection data. Whether combating cyber extortionists
demanding cash to unlock data encrypted by ransomware, or other
risks posed to backup and protection data, businesses need to find
solutions that put their 'data of last resort' beyond harm's
reach.
To address this threat, EMC is launching a new Isolated Recovery
Solutions™ line to help organizations "air gap" a protection
instance of their data from the networked enterprise. Based on EMC
VMAX®, EMC Data Domain® and EMC Professional Services technologies,
EMC's Isolated Recovery Solutions line is designed to enable
businesses to create a virtual panic room for their most valuable
data, isolating it from networked systems that could be compromised
in a cyber attack. If needed, the isolated instance of protection
data can be scanned and restored safely within minutes, offering a
Recovery Time Objective (RTO) superior to tape-based backup.
Isolated Recovery Solutions offerings based on EMC XtremIO®, EMC
Unity™ and EMC Isilon® technologies will be available in the near
future.
2) Threats to Data in the Cloud
More than 80% of survey respondents indicated that their
organizations will run at least part of eight key business
applications2 in the public cloud in the next two years;
yet less than half said they protect cloud data against corruption
and less than half against deletion. More than half said they
already run their email solution in the public cloud. And, overall,
respondents already had, on average 30% of their IT environments
based in the public cloud.
Because SaaS application providers often won't protect against
accidental loss or deletion by an employee, EMC believes it is
critical for organizations to include cloud applications in their
overall data protection strategies. EMC offers a comprehensive
portfolio of solutions for cloud-to-cloud and on-premise-to-cloud
data protection to facilitate this. These include: Data
Domain Cloud Tier technology, which allows seamless tiering to
public clouds such as Virtustream® Storage Cloud; Spanning Backup®
technology by EMC, which enables businesses to protect data in
applications such as Microsoft Office 365 and Salesforce.com; and
Mozy® online backup service by EMC, which empowers businesses to
protect endpoint data to the public cloud.
3) Evolving Protection Needs
More than 70% of organizations surveyed are not very confident they
could fully recover their systems or data in the event of data loss
or unexpected systems downtime. And confidence also suffers when it
comes to data center performance, with 73% declaring they are not
very confident their solutions will be able to keep pace with the
faster performance and new capabilities of flash storage.
EMC has a comprehensive portfolio of data protection solutions
that it constantly evolves to deliver greater benefits to its
customers. Over the past year, EMC significantly enhanced its
portfolio with new solutions, including:
- EMC ProtectPoint™: Enables businesses to manage the growing
challenge of protecting flash environments by protecting directly
from primary to protection storage with no traditional backup
infrastructure, cutting backup times by 10x and restore times by
20x.
- EMC zDP™: The first-to-market scale-out automated snapshot
solution for mainframe storage that slashes mainframe Recovery
Point Objectives by up to 144x.
- EMC Enterprise Copy Data Management™ (eCDM): A modern
management platform that discovers, automates, and optimizes
organizations' copy data.
- Data Domain Virtual Edition: A software-defined version of
EMC's trusted protection storage which can reduce storage
requirements by 10-30x and includes DD Boost™, to speed backups by
up to 50%.
- VCE® Data Protection Appliances -- built with
Data Domain and EMC data protection software -- designed to
cut deployment time by 75%.
Availability
EMC is able to deliver EMC ProtectPoint, EMC zDP, EMC Enterprise
Copy Data Management, Data Domain Cloud Tier, Spanning Backup, Mozy
and Isolated Recovery Solutions (based on VMAX and Data Domain)
products, technologies and solutions today. Isolated Recovery
Solutions offerings based on XtremIO, Unity and Isilon technologies
will be available in the near future.
Services
In concert with these technologies, EMC has a portfolio of data
protection and availability services to help customers ensure their
most valuable data is secure from cyber attacks and meets
organizational availability and RTO requirements. EMC experts are
well versed in modern strategies such as Isolated Recovery,
understand the latest industry compliance requirements, and are
skilled at implementing these leading edge EMC
technologies.
Analyst Quote:
Steve Duplessie, Founder and
Senior Analyst, Enterprise Strategy Group
"Ransomware is dramatically raising the stakes when it comes to
cyber security. We're moving from theft, which is costly, to
potential catastrophe. There are forces at play now that aren't
satisfied with just stealing your money, they want to destroy your
entity. You can either start taking these threats seriously, or
start looking for a hole to crawl into. Ignorance is no longer
bliss."
EMC Executive Quote:
David Goulden, Chief Executive
Officer, EMC Information Infrastructure
"Our customers are facing a rapidly evolving data protection
landscape on a number of fronts, whether it's to protect modern
cloud computing environments or to shield against devastating cyber
attacks. Our research shows that many businesses are unaware of the
potential impact and are failing to plan for them, which is a
threat in itself. As a leader in data protection and cloud
computing, EMC continues to innovate to stay ahead of both
existing and new challenges by providing modern cloud-centric data
protection solutions. In addition, today we are introducing the
first in a range of new Isolated Recovery Solutions, that are
designed to help protect customer data against cyber attacks such
as ransomware and destructive hacking."
Methodology
Research carried out independently by Vanson Bourne between March and April 2016. Respondents were IT decision makers
from both private and public organizations with at least 250
employees. Vanson Bourne surveyed a
total of 2,200 respondents from 18 countries - 200 each from US,
UK, France and Germany. The rest of the countries had 100
respondents.
About EMC
EMC Corporation is a global leader in enabling businesses and
service providers to transform their operations and deliver IT as a
service. Fundamental to this transformation is cloud
computing. Through innovative products and services, EMC
accelerates the journey to cloud computing, helping IT departments
to store, manage, protect and analyze their most valuable
asset -- information -- in a more agile, trusted and
cost-efficient way. Additional information about EMC can be found
at www.EMC.com.
Footnotes
1. Question: What were the causes
of your data loss and/or systems downtime?
|
2016
|
2014
|
Hardware
failure
|
45%
|
53%
|
Power
failure
|
35%
|
39%
|
Software
failure
|
34%
|
38%
|
Data
corruption
|
24%
|
29%
|
2. Key business applications
include email, CRM, ERP, data warehousing, customer support
systems, CMS, BI, productivity apps and archiving.
EMC, Data Domain, DD Boost, Enterprise Copy Data Management,
Isilon, Isolated Recovery Solutions, Mozy, ProtectPoint, Spanning
Backup, Unity, VMAX, XtremIO and zDP are trademarks or registered
trademarks of EMC Corporation in the
United States or in other countries. VCE is a
trademark or registered trademark of VCE Company, LLC in
the United States or in other
countries. Virtustream is a trademark or registered trademark
of Virtustream, Inc. in the United
States or in other countries. All other trademarks
used are the property of the respective owners.
This release contains "forward-looking statements" as defined
under the Federal Securities Laws. Actual results could
differ materially from those projected in the forward-looking
statements as a result of certain risk factors, including but not
limited to: (i) risks associated with the proposed acquisition of
EMC by Denali Holdings, Inc., the parent company of Dell, Inc.,
including, among others, assumptions related to the ability to
close the acquisition, the expected closing date and its
anticipated costs and benefits; (ii) adverse changes in general
economic or market conditions; (iii) delays or reductions in
information technology spending; (iv) the relative and varying
rates of product price and component cost declines and the volume
and mixture of product and services revenues; (v) competitive
factors, including but not limited to pricing pressures and new
product introductions; (vi) component and product quality and
availability; (vii) fluctuations in VMware, Inc.'s operating
results and risks associated with trading of VMware stock; (viii)
the transition to new products, the uncertainty of customer
acceptance of new product offerings and rapid technological and
market change; (ix) risks associated with managing the growth of
our business, including risks associated with acquisitions and
investments and the challenges and costs of integration,
restructuring and achieving anticipated synergies; (x) the ability
to attract and retain highly qualified employees; (xi)
insufficient, excess or obsolete inventory; (xii) fluctuating
currency exchange rates; (xiii) threats and other disruptions to
our secure data centers or networks; (xiv) our ability to protect
our proprietary technology; (xv) war or acts of terrorism; and
(xvi) other one-time events and other important factors disclosed
previously and from time to time in EMC's filings with the U.S.
Securities and Exchange Commission. EMC disclaims any
obligation to update any such forward-looking statements after the
date of this release.
Photo -
http://photos.prnewswire.com/prnh/20160627/384073-INFO
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/cyber-threats-impact-highlighted-in-new-emc-global-survey-300291170.html
SOURCE EMC Corporation