Conducted in conjunction with GigaOm, global
survey finds resiliency markers impact confidence, preparedness,
and recoverability
TINTON
FALLS, N.J., June 25,
2024 /PRNewswire/ -- Commvault, a leading provider of
cyber resilience and data protection solutions for the hybrid
cloud, today in collaboration with research firm GigaOm, released
its 2024 Cyber Recovery Readiness Report. This
eye-opening, global survey of 1,000 security and IT respondents
across 11 countries directly addresses a fundamental question –
"what can businesses do to be more resilient in the face of
cyberattacks?"
Commvault and GigaOm were able to pinpoint five key
capabilities, also called resiliency markers, that when deployed
together, helped companies recover faster from cyberattacks and
experience fewer breaches compared to companies that did not follow
the same path.
These five resiliency markers emerged after data analysis teams
combed through survey results across a range of topics including:
how often companies were breached, what resilience technologies
were (or were not) deployed, and how rapidly businesses were able
to recover data and resume normal operations. The resiliency
markers are as follows:
- Security tools that enable early warning about risk, including
insider risk.
- A known-clean dark site or secondary system in place.
- An isolated environment to store an immutable copy of the
data.
- Defined runbooks, roles, and processes for incident
response.
- Specific measures to show cyber recovery readiness and
risk.
In assessing the results, only 13% of respondents were
categorized as cyber mature. The survey yielded very interesting
observations:
- Faster recoveries: Cyber mature organizations, those
that have deployed at least four of the five resiliency markers,
recovered 41% faster than respondents with only zero or one
marker.
- Fewer breaches: Overall, cyber mature organizations
report experiencing fewer breaches compared with companies that
have less than four markers.
- Better confidence about cyber readiness: 54% of cyber
mature organizations were completely confident in their ability to
recover from a breach, compared to only 33% of less prepared
organizations.
- Frequent testing makes a big difference: 70% of cyber
mature organizations tested their recovery plans quarterly,
compared to 43% of organizations with only zero or one maturity
marker, that tested with this same frequency.
Supporting Quotes
"One of the key findings from the research is that in order to
truly advance cyber preparedness, organizations can't cut corners.
We saw significant disparities in resilience between organizations
that deployed one or two of the resiliency markers versus four or
five," said Chris Ray, Cybersecurity
Analyst, GigaOm. "It's critical that organizations think about
resiliency in layers. Less than 85% of respondents surveyed do that
today. This needs to rapidly change if companies want to be
resilient and have the upper hand against bad actors."
"As we drill down into these cyber capabilities, key practices
are emerging as fundamentally critical to any cyber preparedness
strategy, and testing for cyber recovery readiness is one of them,"
said Tim Zonca, VP, Portfolio
Marketing, Commvault. "Companies that just focus on testing for
disaster recovery are missing the boat. Given the evolving nature
of cyber threats, frequent and modern testing practices for cyber
recovery are essential so environments are not re-infected and
recovery processes are robust."
More Information
- Check out the Cyber Recovery Readiness Report
- Read the blog: Unveiling the 2024 Cyber Recovery Readiness
Report
- Join The State of Cyber Recovery Readiness LinkedIn Live |
June 25 at 1:00 pm ET
Methodology
Commvault in conjunction with GigaOm
conducted this inaugural study of 1,000 respondents across 11
countries in April 2024 to better
understand their views on cyber readiness and how prepared their
organizations are in the face of cyber threats. Respondents were
from companies earning at least $10
million in annual revenues, with the majority earning
$500 million or more. Thirty-five
percent of respondents were board-level or C-Suite executives, 48%
were senior-level management, and the remaining 17% were mid- or
junior-level management. The 11 countries included in the survey
are Australia, Canada, France, Germany, Italy, Japan,
Netherlands, Spain, Sweden, United
Kingdom, and United
States.
About Commvault
Commvault (NASDAQ: CVLT) is the gold
standard in cyber resilience, helping more than 100,000
organizations keep data safe and businesses resilient and moving
forward. Today, Commvault offers the only cyber resilience platform
that combines the best data security and rapid recovery at
enterprise scale across any workload, anywhere—at the lowest
TCO.
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