BFM 89.9

HIGHLIGHTS 
Podcast  >  Enterprise  >  Enterprise Explores  >  Cyberattacks on Businesses: Only 35% Successfully Recover 100% of Data

Cyberattacks on Businesses: Only 35% Successfully Recover 100% of Data

Michel Borst, Asia Vice President, Commvault

21-May-24 12:00

Cyberattacks on Businesses: Only 35% Successfully Recover 100% of Data

AI in business cybersecurity is a never ending arms race, digitalisation is outpacing cybersecurity capabilities and capacities, and even when businesses have incident response plans, most employees don't know what it is. All this and much more as Enterprise Explores why data readiness and cyber resiliency matters for your business.

As AI solutions and cloud adoption accelerates as data grows at an unprecedented rate, Enterprise Explores the state of Data Readiness and Cyber Resiliency in ASEAN and the increasingly complex data and cyber environments with Michel Borst, Asia Vice President, at Commvault.

According to a Commvault study done in partnership with Tech Research Asia (TRA), ASEAN companies’ data estates grew 31% on average in the last 12 months. Of that growth, their analysis suggests 60% was unstructured data, requiring significantly more management to be optimised and transformed into value.

This data and infrastructure sprawl also contributes to dark data (i.e. data that is created and unmanaged or sits outside of the businesses’ scope of management control and/or visibility).

The study found 91% of companies have challenges managing dark data. As companies face unrelenting and sophisticated cyber attacks, many companies consider they have ineffective data recovery and cyber resiliency capabilities.

Produced by: Kishan Sivaswamy

Presented by: Roshan Kanesan


This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:  marketstechnologymanagingCorporates

Tags:  data readinesscyber resiliencedark datacloud infrastructuretechnologyaicybersecuritybusinesscyberattack





Play / Pause

Listen now : BFM 89.9 -- The Business Station

Today’s Shows



6:00 AM

The 6AM Stretch

Thought-provoking discussions on ideas, people and events shaping our lives.

7:00 AM

World Market Watch

Tim Waterer of KCM Trade tells us where international markets are heading.

7:15 AM

Morning Brief

We recap global and local headlines from today's papers and portals.

7:30 AM

Morning Brief

Chris Rogers of S&P Global Market Intelligence discusses how the US China trade truce affects the shipping industry.

7:45 AM

Morning Brief

Alex Ong of Migrant CARE shares his views on the challenges foreign workers face and the reforms needed following recent steps to admit nearly 8,000 stranded Bangladeshi workers.

8:00 AM

The Breakfast Grille

Ir. Professor Dato' Dr. Ewe Hong Tat, President of UTAR, highlights the university’s role in advancing talent, accessibility, and future-ready education.

8:30 AM

Morning Brief

Ranjit Singh, Partner at law firm Ranjit Singh & Yeoh helps us understand Malaysia's insider trading law.

8:45 AM

Morning Brief

(REPEAT) We dive into the local and international news that matters to you.

9:00 AM

Opening Bell

(REPEAT) Tim Waterer of KCM Trade tells us where international markets are heading.

9:15 AM

Opening Bell

(REPEAT) We take a look at the FBM KLCI as well as regional capital markets.

9:35 AM

Pinnacle Perspectives

Joseph D’Cruz explains why ESG is a vital framework for sustainable leadership and business success.

10:05 AM

Open For Business

Nelson Lai, Founder & CEO, JWC Global | Michael Tan, Wholesale Director, JWC Roastery

11:05 AM

P&L

How to Build a Strong Business & Revenue Model

12:00 PM

Enterprise Explores

Empowering Small Businesses, From Offline to Online

1:00 PM

The Breakfast Grille Repeat

LIVE: Ir. Professor Dato' Dr. Ewe Hong Tat, President, UTAR

2:05 PM

Discovery Hour

An eclectic selection of BBC shows, curated with variety in mind.

3:05 PM

Earth Matters

In 2024, Malaysia faced its worst-ever coral bleaching event, with over half its corals affected by extreme ocean heat. Coral reef ecologists Sebastian Szereday and Alvin Chelliah discuss the impact on reefs, marine life, and communities, and what can still be done.

4:05 PM

Health & Living

How much daily salt intake comes from the food you eat outside? We find out how food vendors can introduce low-salt items in their menus.

5:00 PM

Top 5 at 5

6:00 PM

Today I Learned

We discover the history of tea and find out how this drink became a cultural icon and daily ritual for millions worldwide.

7:00 PM

Just For Kicks

8:00 PM

A Bit of Culture