Security News > 2023 > January > How data protection is evolving in a digital world

A top priority of organizations this year is improving reliability and success of backups, followed by ensuring that Infrastructure as a Service and Software as a Service protection is equitable to the protection they rely on for datacenter-centric workloads.

Modern data protection is needed to keep businesses running.

79% cite a 'Protection Gap' between how much data they can lose and how frequently IT protects their data.

These gaps are one reason that 57% of organizations expect to change their primary data protection in 2023, as well as the justification for increased data protection budgets.

Globally, organizations expect to increase their data protection budget in 2023 by 6.5%, which is notably higher than overall spending plans in other areas of IT. Of the 85% of organizations planning on increasing their data protection budgets, their average planned increase is 8.3% and often in concert with increased investments in cybersecurity tools.

According to the survey, the single most important aspect that organizations are looking for in a modern data protection solution is the "Integration of data protection within a cyber preparedness strategy."

News URL

https://www.helpnetsecurity.com/2023/01/18/data-protection-budgets/