(MENAFN- Khaleej Times) Data loss is up by 400 per cent since 2012 while surprisingly 71 per cent of organisations are still not fully confident in their ability to recover after a disruption.
A new study of IT firms across 24 countries has placed the UAE at the bottom of a data protection index. Firms in the UAE reportedly lost an average 1.28 terabyte data last year and 56 per cent organisations faced unplanned downtime according to the findings released by EMC Corporation.
“In the UAE we see a lot of spending on IT infrastructure but companies have to pay more attention to data protection” said Fady Richmany Senior Regional Director for Data Protection at EMC.
As per the study the UAE currently ranks 24th in terms of enterprises’ maturity and approach towards data protection.
The study found that data loss and downtime cost enterprises in the UAE is 2.8 billion yet only 34 per cent of all surveyed organisations in the UAE considered data protection to be totally critical to their success.
“We hope the survey will send a wake-up call for IT decision makers emphasising the need to protect data and avoid unplanned downtime” added Fady.
China Hong Kong The Netherlands Singapore and US lead the index which surveyed IT decision-makers in companies with more than 250 employees. Firms were asked specific questions relating to their backup and recovery experience strategy and infrastructure.
Experts suggest innovations in mobile and hybrid cloud will create new challenges for data protection. Globally the study estimates data loss and downtime cost enterprises $1.7 trillion in the last 12 months.
Data loss is up by 400 per cent since 2012 while surprisingly 71 per cent of organisations are still not fully confident in their ability to recover after a disruption.
muazkhaleejtimes.com
Research Highlights
>Switzerland Turkey andthe UAE lag behind
>77% of companies inthe UAE have suffered disruptions in the last 12 months
>Data loss anddowntime costs enterprises in the UAE 2.8 billion
>50% of IT professionalsare not fully confident in their ability to recover information following an incident
>Only 34% oforganizations consider data protection to be totally critical to their success
Impact of Data Loss and Downtime
>7% of enterprisessurveyed experienced data loss or downtime in the last 12 months: The average business experienced 22 hours of unexpected downtime in the last 12 months. Businesses reported to have suffered one or more consequences as a result of disruptions.
>41% loss ofrevenue
>36% lossof employee productivity
>28% loss ofnew business opportunity
>18% loss ofbusiness to a competitor
>13% loss ofcustomer confidence