Business Wire

New Research from NetApp Finds One in Five Companies Unable to Recover Data After Cyberattack

4.12.2024 14:00:00 CET | Business Wire | Press release

Share

Survey of cybersecurity leaders highlights the importance of data classification in enhancing cyber resilience

NetApp® (NASDAQ: NTAP), the intelligent data infrastructure company, today announced the release of its latest report analyzing the state of cybersecurity and offering actionable insights to help organizations strengthen their cyber resiliency. The Futurum Group study, "Cloud, Complexity, AI: The Triple Threat Demanding New Cyber Resilience Strategies" sponsored by NetApp, provides a comprehensive analysis of evolving cyber threats and resiliency strategies.

The study, which surveyed over 1,300 cybersecurity leaders across industries worldwide, reveals that more than 54 percent of organizations experienced a cyberattack in the past 12 to 18 months, with one in five unable to recover lost data. The report highlights the urgent need for enterprises to leverage intelligent data infrastructure to address growing risks posed by sophisticated threats, operational complexity, and the challenges of hybrid multi-cloud environments.

"The findings clearly highlight the urgency for organizations to rethink their cybersecurity strategies in an era of escalating threats,” said Gagan Gulati, General Manager for Data Services at NetApp. "To reduce risks and ensure faster recovery, businesses must adopt an intelligent data strategy that prioritizes secure-by-design infrastructures, embedding security at the core of their data management approach. With data as a company’s most valuable asset, resilient storage solutions—such as those offered by NetApp—serve as the last line of defense in a comprehensive security strategy, safeguarding critical information and enabling long-term success in hybrid multi-cloud environments."

Key Findings:

  • Cloud Security Risks: Misconfigurations and vulnerabilities in hybrid multi-cloud environments are now among the top threats, outpacing traditional attacks like ransomware. As organizations rely increasingly on hybrid cloud infrastructures, addressing these vulnerabilities is critical to maintaining data security and operational continuity.
  • Tool Sprawl Challenges: Seventy percent of respondents use more than 40 cybersecurity tools, with 84 percent citing operational complexity as a major inhibitor to cyber resiliency. This complexity creates protection gaps and inefficiencies, underscoring the need for tool consolidation and integrated solutions to streamline operations.
  • AI in Cybersecurity: Forty percent of organizations are leveraging AI for threat detection, with plans to expand its use for automating response and recovery. AI’s ability to identify and mitigate threats at scale is powerful, but balancing its use with managing false positives and ensuring robust human oversight is essential to its success.
  • Data Classification is Key: Organizations with strong data classification frameworks recover from attacks more effectively, emphasizing its role as a cornerstone of cyber resiliency. This underscores the importance of embedding intelligent data infrastructure that not only classifies and protects data but also enables real-time anomaly detection and resilient recovery, enabling business continuity even in worst-case scenarios.
  • Increased Investment: Over 90 percent of respondents plan to increase cybersecurity spend in the next 12 to 18 months, focusing on integrated and proactive solutions. Proactive investment can address the rising cost of cyberattacks and the growing complexity of threats, ensuring resilience and operational trust.

NetApp's Intelligent Data Infrastructure framework helps organizations address the cyber resiliency challenges revealed in this report by enabling organizations to take a proactive approach to data protection. By leveraging advanced data classification, AI-driven threat detection, and integrated security measures, organizations can more easily implement stringent governance practices, detect and respond to threats in real-time, and maintain compliance with evolving industry standards. As highlighted by the report, organizations with resilient data infrastructure have seen significant improvements in recovery times and overall data security, demonstrating that it is a critical component in modern cybersecurity strategies.

"This survey sheds light on the critical role of visibility and data-centric strategies in navigating the evolving cybersecurity landscape," said Daniel Newman, CEO at The Futurum Group. "By harnessing intelligent data infrastructure solutions, organizations can better protect their assets, ensure recovery, and thrive amidst disruption."

The report emphasizes the critical role of AI and integrated technologies as game-changers in combating increasingly sophisticated attack vectors. By leveraging AI alongside robust data classification and consolidated toolchains, enterprises can mitigate risks more effectively, reduce response times, and enhance visibility across sprawling hybrid multi-cloud environments.

To explore the full findings of the Cybersecurity Visibility Study 2024 and discover how IT and Security leaders are thinking about challenges and opportunities shaping the future of cyber resilience in the enterprise, visit https://www.netapp.com/media/120378-netapp-cloud-complexity-ai.pdf.

Methodology

In Fall 2024, NetApp collaborated with Futurum Research to conduct a comprehensive survey of over 1,300 cybersecurity leaders worldwide. The respondents included C-Level executives, Vice Presidents, and Directors in IT and Security, representing a diverse range of industries. The report draws on insights from the survey, as well as 15 in-depth interviews with selected decision-makers, offering a detailed analysis of the challenges and opportunities shaping the cybersecurity landscape today.

Additional Resources

About NetApp

NetApp is the intelligent data infrastructure company, combining unified data storage, integrated data services, and CloudOps solutions to turn a world of disruption into opportunity for every customer. NetApp creates silo-free infrastructure, harnessing observability and AI to enable the industry’s best data management. As the only enterprise-grade storage service natively embedded in the world’s biggest clouds, our data storage delivers seamless flexibility. In addition, our data services create a data advantage through superior cyber resilience, governance, and application agility. Our CloudOps solutions provide continuous optimization of performance and efficiency through observability and AI. No matter the data type, workload, or environment, with NetApp you can transform your data infrastructure to realize your business possibilities. Learn more at www.netapp.com or follow us on X, LinkedIn, Facebook, and Instagram.

NETAPP, the NETAPP logo, and the marks listed at www.netapp.com/TM are trademarks of NetApp, Inc. Other company and product names may be trademarks of their respective owners.

About The Futurum Group

The Futurum Group is the fastest- growing independent tech research, intelligence, media, and advisory firm. Its organic growth is driven by emerging technologies and innovation across its clientele of more than 260 global companies. Futurum covers twelve major technology sectors: AI & data analytics, cloud, telecom, policy, consumer electronics, enterprise applications, security, semiconductors, workplace collaboration, sustainability, and CX. In 2023 it has acquired half a dozen companies in areas of research, intelligence, media, and performance testing and validation.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241204675480/en/

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

High-end Aesthetic Brand ‘Lorient’ Gains Global Prestige at IMCAS 20261.2.2026 08:00:00 CET | Press release

Lorient, a premium aesthetic brand, announced that it has drawn global attention at the 27th IMCAS World Congress 2026 in Paris, attracting over 15,000 professionals and demonstrating its leadership in aesthetic innovation. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260131322203/en/ Lorient’s low degree of modification delivers a smooth injection experience and high biocompatibility (Image: Lorient) The highlight was a session led by Dr. Jani van Loghem, a globally revered key opinion leader known for establishing international aesthetic safety protocols. His involvement provided a prestigious validation of the technical excellence of Lorient. Alongside him, prominent Korean medical experts Dr. Won Lee and Dr. Do Young Rhee shared clinical insights that drew widespread praise from the international medical community. Central to the academic discussions was Lorient’s "safety-first" philosophy for its premium HA filler ran

Sharjah Ruler Receives Portugal’s Grand Collar of Order of Camões31.1.2026 18:27:00 CET | Press release

His Excellency Marcelo Rebelo de Sousa, President of the Portuguese Republic, awarded His Highness Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, the Grand Collar of the Order of Camões (Grande Colar da Ordem de Camões), the highest sovereign cultural order in Portugal. His Highness is the first Arab figure to receive the Order of Camões and the sixth recipient worldwide. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260131119526/en/ Sharjah Ruler receives Portugal’s Grand Collar of Order of Camões (Photo: AETOSWire) The honour was conferred during a ceremony hosted by the Portuguese President at the Presidential Palace in Lisbon. The event was attended by Sheikha Bodour bint Sultan Al Qasimi, Chairperson of the Sharjah Book Authority, alongside senior officials. The ceremony recognised His Highness’s prominent global stature, as a leading figure in culture, intellectual thought and in

Incyte Announces Positive CHMP Opinion for Zynyz® (retifanlimab) for First-Line Treatment of Advanced Squamous Cell Carcinoma of the Anal Canal (SCAC)30.1.2026 15:29:00 CET | Press release

Pending the European Commission decision, Zynyz® (retifanlimab) in combination with carboplatin and paclitaxel (platinum-based chemotherapy) will be the first PD-1 immunotherapy treatment for patients with advanced squamous cell carcinoma of the anal canal (SCAC) in EuropeGlobally, the prevalence of SCAC is estimated at around 1 or 2 cases per 100,000 people, with a higher incidence in women than in men1,2,3The Committee for Medicinal Products for Human Use (CHMP) positive opinion is based on data from the Phase 3 POD1UM-303/InterAACT2 trial which showed patients with advanced SCAC achieved significantly improved progression-free survival with Zynyz in combination with carboplatin and paclitaxel as a first-line treatment4 Incyte (Nasdaq:INCY) today announced that the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMA) has issued a positive opinion recommending the approval of Zynyz® (retifanlimab) in combination with carboplatin and paclitaxel (

Mediawan to Acquire The North Road Company, Creating a New Global Independent Content Platform30.1.2026 13:32:00 CET | Press release

Mediawan, the leading independent European studio led by Pierre-Antoine Capton, co-founded by Capton, Xavier Niel and Matthieu Pigasse, today announced the signing of an agreement to acquire The North Road Company (“North Road”), the preeminent independent U.S.-based studio founded by Peter Chernin. The combination creates one of the world’s largest independent studios with major creative hubs in the five continents and capabilities spanning all genres, formats and audiences. Together, Mediawan and North Road will have a stronger ability to accelerate the development of powerful IP, foster fresh creative synergies through format adaptations and co-production opportunities, and deliver ever greater value to viewers, talent and partners worldwide. The acquisition brings together two of the most dynamic independent studios in the sector with world-class creative talent, premium IP, and the scale to deliver content at the highest level. In an industry undergoing significant consolidation,

BrightSign Powers Intelligent Signage Experiences at ISE 202630.1.2026 09:00:00 CET | Press release

The Latest Players and AI Capabilities Drive Captivating, Personalized, and Interactive Signage With more industries embracing the power of visual storytelling, BrightSign, the provider of the most advanced, capable, and trusted digital media players and operating system, will showcase the latest developments in digital signage technology at ISE 2026 in Barcelona, Spain from February 3-6, 2026. BrightSign’s latest innovations come to life at booth #4S-150 through interactive real-world demos featuring retail, QSR, transportation, and corporate use cases. Visitors can test new AI-powered object detection capabilities of BrightSign players, allowing them to pick up an object and see the content on the screen respond immediately. Booth activations will be powered by BrightSign’s reliable platform including bsn.Control, BrightSignOS™, brightAuthor connected, and its global partner ecosystem. “In today’s immersive, personalized and visual world, the stakes have never been higher for powerfu

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye