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Cyber Threats' Impact Highlighted in New EMC Global SurveyHOPKINTON, Mass., June 28, 2016 News Highlights:
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EMC Corporation (NYSE: EMC) today announced the results of new research revealing that organizations are failing to appreciate the growing challenges of protecting their data and, as a result, are experiencing the economic impact of data loss. New findings from the EMC® Global Data Protection Index 2016, an independent study by Vanson Bourne of enterprise backup in 18 countries around the world, revealed that, while businesses have been successful in reducing the impact of the four biggest traditional data loss risks1, they are unprepared for new, emerging threats, which are taking their toll instead. When compared to the EMC Global Data Protection Index 2014, 13% more businesses experienced data loss or disruption in the last 12 months, costing them an average of US$914,000. EMC commissioned the updated research to help organizations recognize and prepare for the rapidly changing landscape of threats to enterprise data. Survey results from the EMC Global Data Protection Index 2016 identified the following three major challenges to modern data protection: 1) Threats to Protection Data To address this threat, EMC is launching a new Isolated Recovery Solutions™ line to help organizations "air gap" a protection instance of their data from the networked enterprise. Based on EMC VMAX®, EMC Data Domain® and EMC Professional Services technologies, EMC's Isolated Recovery Solutions line is designed to enable businesses to create a virtual panic room for their most valuable data, isolating it from networked systems that could be compromised in a cyber attack. If needed, the isolated instance of protection data can be scanned and restored safely within minutes, offering a Recovery Time Objective (RTO) superior to tape-based backup. Isolated Recovery Solutions offerings based on EMC XtremIO®, EMC Unity™ and EMC Isilon® technologies will be available in the near future. 2) Threats to Data in the Cloud Because SaaS application providers often won't protect against accidental loss or deletion by an employee, EMC believes it is critical for organizations to include cloud applications in their overall data protection strategies. EMC offers a comprehensive portfolio of solutions for cloud-to-cloud and on-premise-to-cloud data protection to facilitate this. These include: Data Domain Cloud Tier technology, which allows seamless tiering to public clouds such as Virtustream® Storage Cloud; Spanning Backup® technology by EMC, which enables businesses to protect data in applications such as Microsoft Office 365 and Salesforce.com; and Mozy® online backup service by EMC, which empowers businesses to protect endpoint data to the public cloud. 3) Evolving Protection Needs EMC has a comprehensive portfolio of data protection solutions that it constantly evolves to deliver greater benefits to its customers. Over the past year, EMC significantly enhanced its portfolio with new solutions, including:
Availability Services Analyst Quote: EMC Executive Quote: Methodology About EMC Footnotes 1. Question: What were the causes of your data loss and/or systems downtime?
2. Key business applications include email, CRM, ERP, data warehousing, customer support systems, CMS, BI, productivity apps and archiving. EMC, Data Domain, DD Boost, Enterprise Copy Data Management, Isilon, Isolated Recovery Solutions, Mozy, ProtectPoint, Spanning Backup, Unity, VMAX, XtremIO and zDP are trademarks or registered trademarks of EMC Corporation in the United States or in other countries. VCE is a trademark or registered trademark of VCE Company, LLC in the United States or in other countries. Virtustream is a trademark or registered trademark of Virtustream, Inc. in the United States or in other countries. All other trademarks used are the property of the respective owners. This release contains "forward-looking statements" as defined under the Federal Securities Laws. Actual results could differ materially from those projected in the forward-looking statements as a result of certain risk factors, including but not limited to: (i) risks associated with the proposed acquisition of EMC by Denali Holdings, Inc., the parent company of Dell, Inc., including, among others, assumptions related to the ability to close the acquisition, the expected closing date and its anticipated costs and benefits; (ii) adverse changes in general economic or market conditions; (iii) delays or reductions in information technology spending; (iv) the relative and varying rates of product price and component cost declines and the volume and mixture of product and services revenues; (v) competitive factors, including but not limited to pricing pressures and new product introductions; (vi) component and product quality and availability; (vii) fluctuations in VMware, Inc.'s operating results and risks associated with trading of VMware stock; (viii) the transition to new products, the uncertainty of customer acceptance of new product offerings and rapid technological and market change; (ix) risks associated with managing the growth of our business, including risks associated with acquisitions and investments and the challenges and costs of integration, restructuring and achieving anticipated synergies; (x) the ability to attract and retain highly qualified employees; (xi) insufficient, excess or obsolete inventory; (xii) fluctuating currency exchange rates; (xiii) threats and other disruptions to our secure data centers or networks; (xiv) our ability to protect our proprietary technology; (xv) war or acts of terrorism; and (xvi) other one-time events and other important factors disclosed previously and from time to time in EMC's filings with the U.S. Securities and Exchange Commission. EMC disclaims any obligation to update any such forward-looking statements after the date of this release. Photo - http://photos.prnewswire.com/prnh/20160627/384073-INFO To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/cyber-threats-impact-highlighted-in-new-emc-global-survey-300291170.html SOURCE EMC Corporation |