cxo voice
  • Business
  • Technology
    • Artificial Intelligence
    • Cloud
    • Telecom
    • Data Center
    • BPM
    • Blockchain
  • Finance
    • Banking
  • CXO Insights
  • Cyber Security
  • CXO Interviews
No Result
View All Result
  • Business
  • Technology
    • Artificial Intelligence
    • Cloud
    • Telecom
    • Data Center
    • BPM
    • Blockchain
  • Finance
    • Banking
  • CXO Insights
  • Cyber Security
  • CXO Interviews
No Result
View All Result
Leaders Talk and Latest Tech News | CXO VOICE
No Result
View All Result
Home Cyber Security

In 2020, more than 50% of Indian companies faced downtime due to data loss: Acronis

Deepa Sharma by Deepa Sharma
April 5, 2021
Data loss

Image Credit: Pixabay

Last year, almost all industries, business, faced the wrath of pandemic Covid19, few survived, few forced to shut down. Companies operating from home faced many challenges like- connectivity, data loss, communication, lack of required IT equipment, etc. According to a survey by Acronis, 57% of Indian companies faced unexpected downtime due to data loss in 2020.  

Although, due to the Covid19 outbreak, companies invested in new tech solutions to allow working from home employees to continue their work with security and without any interruptions. Still, companies faced extensive downtime. 

As per the Acronis survey – 70% of Indian companies execute about 10 solutions for the protection of their data and cybersecurity needs, the rest, 30%, run over 10 data protection and security solutions. Still, 57% of all companies struggled with downtime due to data loss. 

The survey highlights the need to correct the disconnect between the need for a company over data protection and ineffective investments they have made to achieve their goals.

Companies need to figure out the worthless investment they have made over their data protection and fix it with an effective solution that they can rely on even in bad situations.

The survey was conducted with over 4,400 IT professionals in 22 countries, including India.

Rustom Hiramaneck, General Manager-South Asia at Acronis, said, “These findings confirm our belief that the smarter approach is cyber protection, which unifies data protection, cybersecurity, and endpoint management in one” 

This is shocking; nearly 20% of India’s IT professionals don’t know if their firm is subject to data privacy guidance. 

“If those responsible for ensuring data privacy don’t know they are culpable, they cannot implement strategies or evaluate the solutions needed to address the requirements. That ignorance puts the business at tremendous risk of major fines for potential compliance violations in 2021,” the survey stated.

The survey revealed that there is a notable gap in cybersecurity awareness among Indian IT professionals of what IT and cybersecurity capabilities are available to them, which can cause them to lose valuable time, money and security:

35% of IT users and 11% of IT professionals in India would not be aware if their data had been modified without their knowledge because their solution makes determining that tampering difficult.

Survey also revealed that approx 98%of IT users spent more time on their systems last year, and 85% of them took extra measures to protect those systems.

And about 35% of IT users accept not updating their systems until at least a week after being reported of a patch, or even longer.

Acronis experts suggested maintaining multiple copies of backups, with one local copy for fast recovery and one offsite in the cloud to ensure recovery if a disaster destroys backup copies.

Also Read: India Server Market Revenue Fell YoY by 11.2% in Q4 2020

Deepa Sharma

Deepa Sharma

Deepa Sharma is CXOVoice’s Managing Editor, overseeing coverage of technology, cybersecurity, banking, and financial services. She can be reached at [email protected].

Related Posts

IBM Red Hat and Palo Alto
Cyber Security

IBM, Red Hat, Palo Alto Networks Expand Project Lightwell for AI-Driven Vulnerability Protection

June 25, 2026
Wipro MDR
Cyber Security

Wipro Expands Palo Alto Networks Alliance to Launch AI-Powered Cyber Defense Services

June 24, 2026
public Wi-Fi
Cyber Security

The Hidden Dangers of Public Wi-Fi: Why Convenience Should Never Replace Caution

June 23, 2026
Wi-Fi Security
Cyber Security

Connected Everywhere, Vulnerable Anywhere: The Security Side of Wi-Fi

June 23, 2026
N-able Bengaluru
Cyber Security

N-able Opens New Global Capability Centre in Bengaluru

June 17, 2026
IBM Project Lightwell
Cyber Security

IBM and Red Hat Commit $5 Billion to Secure Open-Source Software as AI Raises Cybersecurity Risks

May 29, 2026
IBM project glasswing
Cyber Security

IBM Expands AI Security Portfolio as Project Glasswing Cyber Threat Concerns Grow

May 20, 2026
identity breaches
Cyber Security

Sophos says identity breaches are now a routine enterprise risk as AI expands the attack surface

May 13, 2026
Load More

More Articles

IBM Red Hat and Palo Alto

IBM, Red Hat, Palo Alto Networks Expand Project Lightwell for AI-Driven Vulnerability Protection

by Deepa Sharma
June 25, 2026

AI coding costs

By 2028, AI Coding Costs Will Surpass the Average Developer’s Salary, Gartner Predicts

by Deepa Sharma
June 25, 2026

Wipro MDR

Wipro Expands Palo Alto Networks Alliance to Launch AI-Powered Cyber Defense Services

by Deepa Sharma
June 24, 2026

AI smart glasses

Meta Is Building Cheaper AI Smart Glasses. Here’s Why It Matters

by Arshi Khan
June 24, 2026

Get Weekly CXO Intelligence.

Loading

CXO Insights

public Wi-Fi
Cyber Security

The Hidden Dangers of Public Wi-Fi: Why Convenience Should Never Replace Caution

by Atul Luthra
June 23, 2026
Wi-Fi Security
Cyber Security

Connected Everywhere, Vulnerable Anywhere: The Security Side of Wi-Fi

by Govind Rammurthy
June 23, 2026
Shadow AI
Artificial Intelligence

Shadow AI: The Invisible Threat Growing Inside Modern Enterprises

by Manpreet Singh
June 5, 2026
traceability in Manufacturing
Opinion

From Barcode to Intelligence: How Traceability Is Redefining Manufacturing in India

by S R Srinivasan
May 29, 2026

CXO Interviews

AI Skills
Artificial Intelligence

How AI is transforming skills, education, and workforce development in the future of work

>
1Point1
Business

How 1Point1 Solutions Is Betting Its Future on AI to Redefine BPM

>
NewgenONE
Business

Reimagining Enterprise Transformation: Varun Goswami on the Future of NewgenONE and AI-Driven Automation

>
Jagat Shah, Chairman & CEO of MITSUMI Group
Business

Leadership in Emerging Markets: Exclusive Interview with Jagat Shah, Chairman & CEO of MITSUMI Distribution

>

CXOVoice.com is a leading online publication for CXOs, entrepreneurs, senior leaders, developers, and industry professionals. We publish informed analysis, news reporting, expert commentary, and expert insights across enterprise technology, digital transformation, cybersecurity, data, AI, sustainability, and governance.

Connect with us

Easy Links

  • Cryptocurrency
  • Company Announcements
  • Event
  • Blockchain
  • Resources & Downloads
Loading
  • Home
  • About Us
  • Contact Us
  • Advertise
  • Privacy & Policy
  • Editorial Policy
  • Feedback

Copyright © 2026 CXOVoice - All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Business
  • Opinion
  • Interview
  • Technology
  • Cyber Security
  • Artificial Intelligence
  • How To
  • Data Center

Copyright © 2026 CXOVoice - All Rights Reserved