A shocking number of firms have lost data due to failed backups

A shocking number of firms have lost data due to failed backups

A study of hundreds of security decision-makers across large British companies has uncovered the sheer number of businesses that have lost or risked losing data due to poor backup strategies.

Hardware-encrypted USB drive maker Apricorn found that, of the nine in 10 companies that were forced to turn to their backup system, only one-quarter (27%) were able to fully recover their information.

Most alarming is that, despite more sophisticated solutions being available, this number is down from 45% in 2022.

Companies don’t have good backup processes in place

These figures coincide with the rising number of security decision-makers who believe that their backups aren’t robust enough to allow “rapid recovery” from an attack, which now stands at 22%, up from 15% last year.

Apricorn highlights the growing cases of ransomware, which account for around one-quarter (24%) of data breaches, up from 15% in the previous year. Attackers have become more aware than ever of the potential value of some company data, along with the devastation compromises could cause, leading to rapidly increasing cases of ransomware globally.

Apricorn’s EMEA managing director, Jon Fielding, suggests that part of the problem could be down to a surge in manual backups – automated backups now account for just half of the instances observed by the analyses, down from 93% last year. While manual backups can provide companies and workers with greater autonomy, margin for error can be higher and thorough training is vital.

Looking forward, Fielding continues to see value in the 3-2-1 method: “Too many companies are still at risk from having a single point of failure.”

Using this method, companies should “have at least three copies of data, stored on at least two different media, at least one of which is offsite.”

Rounding up the research and in a clear nod to the rising cases of ransomware and other cyber attacks, Fielding adds that “ideally, one offsite location should be offline,” citing the likes of an encrypted hard drive that can be disconnected from the network.

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Craig Hale

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