Over 90 percent of organizations set to increase data protection spending

The latest Data Protection Trends report from Veeam Software shows 92 percent of organizations will increase their 2024 data protection spend, to achieve cyber resilience amid continued threats of ransomware and cyber-attacks. However, while companies say they will spend more trying to fend off cyberattacks, the report finds IT leaders are feeling even less protected and more concerned about their ability to recover and restore mission-critical data. Cyberattacks remain the top cause of outages and while organizations are putting more emphasis on utilizing the cloud for major recoveries, only a small percentage believe they'd be able to recover from even… [Continue Reading]