PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Acronis, Inc.

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Financial Services Industry at High Risk of Data Loss, Acronis Survey Shows - 2012 disaster recovery index reveals 68 percent of U.S. Financial Services organizations lack confidence in backup and disaster recovery capabilities - Acronis.com
Financial Services Industry at High Risk of Data Loss, Acronis Survey Shows

 

NewswireToday - /newswire/ - Woburn, MA, United States, 2012/04/13 - 2012 disaster recovery index reveals 68 percent of U.S. Financial Services organizations lack confidence in backup and disaster recovery capabilities - Acronis.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Data Content Management/Archiving Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

According to the 2012 Acronis Disaster Recovery Index, small and medium sized businesses (SMBs) in the U.S. financial services sector are stumbling when it comes to backup and disaster recovery preparedness. With 65 percent expressing a lack of confidence in their IT personnel to execute data recovery operations in the event of a disaster, and only a third believing they could recover quickly in the event of system downtime, it is clear that a serious gap in backup and disaster recovery planning exists within the financial services sector. This gap is so serious, in fact, that 45 percent of U.S. financial services SMBs surveyed said downtime can cost them at least a quarter of a million dollars a year.

Respondents cited several key challenges to implementing a proper backup and disaster recovery approach. Only 36 percent believe they have ample resources, and only 32 percent believe they have adequate technologies to execute effective backup and disaster recovery. Additionally, a mere 38 percent felt they had sufficient support from their executives.

Keeping up with IT developments was also a major issue, with 68 percent of financial services organizations seeing the increasing complexity of infrastructure across physical, virtual and cloud platforms as their greatest challenge to backing up. Businesses are looking for technologies that can better address this complexity, with 76 percent citing the availability of a comprehensive solution across physical, virtual and cloud environments as a pertinent way to improve their disaster recovery strategy.

“Data backup and recovery is absolutely essential for the financial services industry,” commented Seth Goodling, Virtualization Practice Manager at Acronis. “These businesses are dealing with enormous amounts of sensitive information every day, and any data loss or server downtime can be fatal to their business. The Acronis Disaster Recovery Index shows that financial services organizations are in need of better strategies and training, and more advanced and comprehensive technologies to improve their backup and disaster recovery capabilities, which are currently seriously inadequate.”

The 2012 Acronis Disaster Recovery Index revealed a general trend of inadequate backup and disaster recovery among U.S. SMBs in all sectors surveyed, with just slightly more than half expressing overall confidence in their disaster recovery operations. Surprisingly, financial services organizations were even more lacking in backup and disaster recovery capabilities than many of the other sectors surveyed. Only 39 percent of financial services respondents in the U.S. were satisfied with their overall backup and disaster recovery operations, compared with an average of 51 percent across all sectors surveyed.

Notes to the editor:

The survey was conducted by the Ponemon Institute across 18 countries in September and October 2011. Over 6,000 IT practitioners were surveyed in small- to mid-market organisations with no more than 1,000 seats.

About Acronis

Acronis (acronis.com) is a leading provider of easy-to-use disaster recovery and data protection solutions for physical, virtual and cloud environments. Its patented disk imaging technology enables corporations, SMBs and consumers to protect their digital assets. With Acronis' disaster recovery, deployment and migration software, users protect their digital information, maintain business continuity and reduce downtime. Acronis software is sold in more than 90 countries and available in up to 14 languages. Follow Acronis on Twitter: twitter.com/acronis.

Acronis® and the Acronis logo are registered trademarks or trademarks of Acronis Inc. in the United States and/or other countries.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Data Content Management/Archiving Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Acronis, Inc.

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Data Content Management/Archiving articles,
CATCH Visitors via Your Competitors Announcements!


Financial Services Industry at High Risk of Data Loss, Acronis Survey Shows

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

Acronis, Inc. |
Publisher Contact: Lucy Millington - Acronis.com 
781-782-9181 LucyM[.]acronis.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Acronis, Inc. securities in any jurisdiction including any other companies listed or named in this release.

Data Content Management/Archiving via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Acronis, Inc. / Company Profile


Read Data Content Management/Archiving Most Recent Related Newswires:

Acronis Access Advanced Brings Sophisticated Security and Precise Control to Mobile Data Sharing
ATTO Technology, Inc. Introduces Quad-port Version of Successful 32Gb Fibre Channel Line of HBAs
Blue Chip Wins Five Year Contract with SunLife
ATTO Technology to Preview New Category of 40Gb Ethernet to 12GB SAS Storage Controllers
ATTO ThunderLink® Enables VMware® ESXi™ for Mac Pro®
SGO Announces Enhanced Mistika Ultima Storage Connectivity with ATTO Technology 12Gb ExpressSAS® Host Bus Adapters
Acronis True Image 2018 Brings Artificial Intelligence-based Data Protection to Home Users
ATTO Technology to Address 4K/8K Content Needs At IBC 2017
Foxit Software Announces Acquisition of Leading PDF Document Optimization Software Company CVISION
ATTO Technology Offers Mac® Support for 12Gb ExpressSAS® HBAs
Arent Fox Wins Software Patent Infringement Dispute for Acronis
Independent Lab MRG Effitas Confirms Acronis True Image Leads Competition on Ransomware Protection, Performance and Usability
Acronis Announces Active Protection, Adds Plesk, cPanel, Website Backup to Acronis Backup Cloud, Opens New Revenue Opportunities to Service Providers
NetFortris Acquires Fonality - Creates Next Generation Cloud Service Provider
ATTO Technology Introduces New XstreamCORE™ FC 7550 Storage Controller

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  RightITnow Ltd

Visit  La Bella Bakery Artisan Bakery Arizona





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)