Data loss and downtime costs enterprises $1.7 trillion

  • 2 December 2014
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Posted on 02 December 2014.Data loss and downtime cost enterprises $1.7 trillion in the last twelve months, or the equivalent of nearly 50% of Germany's GDP. Data loss is up by 400% since 2012 while, surprisingly, 71% of organizations are still not fully confident in their ability to recover after a disruption, according to EMC Corporation.

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The good news is that the number of data loss incidents is decreasing overall. However, the volume of data lost during an incident is growing exponentially: Full Article

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