Money Gone, Data Too
Study: 86 % of German IT and cybersecurity managers have problems with their backup and recovery solutions.
91 % of German IT and cybersecurity executives are concerned that their organizations may not be able to maintain business continuity after a cyberattack. That’s according to Rubrik Zero Labs’ “The Hard Truths of Data Security” report.
Key statements
Only 62 % of IT and cybersecurity leaders have developed or reviewed an incident response plan in 2022. Only 63 percent have tested backup and recovery options.
Only half (51 %) of enterprises in Germany currently deploy at least one zero-trust initiative.
93 % of respondents from Germany said malicious actors attempted to gain access to backups during a cyberattack. 73 % of the attacks were at least partially successful.
99 % of IT and security executives surveyed in Germany say their organization has backup and recovery technology in place. However, 86 % report significant problems with their solution.
Globally, 72 percent of organizations say they have paid a ransom for their data after a ransomware attack. Companies in Germany are much more reluctant, with only 57 % of those affected paying.
However, of those surveyed in Germany who have paid the ransom after a ransomware attack, only 24 % state that they were able to fully recover their data after a ransomware attack using the attackers’ decryption tools. The low success rate is still above the global average of 16 percent, however.
42 % of German IT security executives consider their cybersecurity budget for 2023 to be insufficient.
24 % of respondents in Germany expect their IT and cybersecurity budgets to decrease in 2023.
About the study
Respondents included 1,625 IT and security decision makers at companies with 500 or more employees. The study was conducted in the U.S., U.K., France, Germany, Italy, the Netherlands, Japan, Australia, Singapore and India between February 10 and 21, 2023.
