EMC Releases Global Data Protection Index Findings
The findings of EMC’s Global Data Protection Index, the company’s new global data protection study, were staggering: the cost of data loss and downtime during the past 12 months was estimated at $1.7 trillion, or the equivalent of nearly 50% of Germany’s gross domestic product (GDP). Moreover, though data losses have increased by 400% since 2012, nearly three quarters (71%) of organizations are not fully confident in their ability to recover after a disruption.
Though some might question whether these findings represent outliers rather than commonplace business occurrences, Vanson Bourne, which conducted the study, stuck closely to the mainstream. The company surveyed 3,300 IT decision makers, from mid-size to enterprise-class businesses (with 250+ employees) across 24 countries.
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NOTE: This column was originally published in the Pund-IT Review.