FEATURE : DISASTER RECOVERY AND BUSINESS CONTINUITY
Q & A with Komprise co-founder and COO Krishna Subramanian on managing unstructured data and data management techniques companies can employ to mitigate losses from cyber-attacks and other disasters .
wWhat are the latest / new requirements for enterprise IT Disaster Recovery ?
Disasters are on the rise , from climate change , ransomware and cybersecurity attacks , geopolitical conflicts / wars and more . These disasters are increasingly expensive to cities and businesses . In In 2023 there were more billion-dollar-plus climate disasters than any other year , costing the US alone an estimated $ 92 billion , according to NOAA .
More than 72 % of businesses worldwide were affected by ransomware attacks and the average cost of an attack was $ 1.85 million , according to Statista and GetAstra , respectively .
Focusing on data protection is always paramount .
However , when you consider the growing volumes of unstructured data in the enterprise , which today constitutes at least 80 % of all data created and stored , treating all enterprise data the same is no longer viable .
Enterprise organizations typically create three copies of data and additional copies are needed beyond that for Disaster Recovery and ransomware protection .
Yet IT spending on storage – commonly at least 30 % of the IT budget – is not sustainable .
Treating all enterprise data the same is ‘ no longer viable ’
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