Oct 31, 2014
The importance of comprehensive disaster recovery capabilities has been highlighted in new research investigating the top data-related challenges for modern companies.
A joint global study by Axway and Ovum examined various issues facing today's organizations, including governance, integration and cybersecurity.
The leading concern for C-suite executives - specifically chief information officers, chief risk officers and chief information security officers - is business continuity and disaster recovery.
In fact, 87 percent listed it as a top priority, while managing cyber attacks and insider threats garnered 85 and 84 percent of the vote, respectively. Compliance monitoring was a key concern for 83 percent of respondents.
Saurabh Sharma, senior analyst at Ovum, said businesses must formulate new approaches to data-handling processes to avoid security breaches.
"As the volume and speed of business continues to grow, organizations face greater risk of exposing sensitive data," he explained.
"Moreover, stringent regulatory mandates call for transparent audit trails and a high level of visibility into and control over the flow of sensitive data."
Despite concerns over business continuity and disaster recovery, the research found many businesses have poor infrastructure integration procedures, which could expose systems to unnecessary risk.
File transfer technologies are also lacking, with reliability (87 percent), visibility and monitoring (75 percent) and integration (74 percent) among the most commonly raised issues.
More than seven in 10 organizations claimed there was little correlation between their integration strategies and data security policies.
"Ovum's findings shine a light on the challenges most organizations have in meeting today's increasing data security and compliance requirements, as well as the risks of failing to instill effective data flow governance," said Dean Hidalgo, executive vice president of global marketing at Axway.
Furthermore, these dangers will only become more prominent as businesses seek to globalize their operations.
The research revealed enterprise assets such as data, applications and services are now more exposed to external sources than ever before. This includes the growing number of partners, third-party developers and clients that have access.