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Chances of Experiencing a Data Breach

Chances of Experiencing a Data Breach

According to industry research, cybercrime is projected to cost the world $10.5 trillion annually by 2025. This alarming trend indicates that attacks, particularly ransomware, have become an everyday reality for many organizations.

Ransomware Attacks on the Rise

A recent CrowdStrike survey revealed that 78 percent of respondents reported experiencing a ransomware attack within the past year. This statistic highlights the increasing frequency and severity of cyber threats faced by businesses today.

The Inevitable Threat of Cyber Disruption

With the emergence of AI-driven threats and a deluge of enterprise data, the question is no longer if a cyber disruption will occur, but when.

The Importance of Recovery

Sanjay Mirchandani, CEO at Commvault and a former CIO who has experienced a data breach firsthand, emphasized the critical nature of recovery. He stated, “Recovery isn’t a nice to have; it’s essential to survival and to bounce back quickly.” Mirchandani further noted that “the odds of you being actually breached are higher than not being breached.”

Commvault's Cloud Unity Solution

This understanding has informed Commvault’s latest release, Cloud Unity. Unlike traditional backup and restore systems, the Unity platform provides enhanced protection by automatically masking sensitive data. This ensures that AI models and analytics can access data that is both centralized and secure.

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