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

Dilin Wu, Research Strategist, Pepperstone, 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

Lionel Priyadi of PT Mega Capital Sekuritas discusses the outlook for Indonesia’s economy and stock market.

7:45 AM

Morning Brief

Julia Goh, Senior Economist at UOB shares her analysis on Malaysia’s 4.4% GDP growth and the outlook for the rest of 2025.

8:00 AM

The Breakfast Grille

Dr. Sheriff Abdullahi of MSD discusses how the company is navigating the challenges facing the pharmaceutical industry today.

8:30 AM

Morning Brief

Joseph Camilleri, Emeritus Professor at La Trobe University in Melbourne on the outcome of Russia-US summit

8:45 AM

Morning Brief

Pushpan Murugiah, CEO of C4 gives us his assessment of the anti-corruption measures in Malaysia, and what more we can do to combat it.

9:00 AM

Opening Bell

(REPEAT) Dilin Wu, Research Strategist, Pepperstone, tells us where international markets are heading.

9:15 AM

Opening Bell

(REPEAT) Lionel Priyadi of PT Mega Capital Sekuritas discusses the outlook for Indonesia’s economy and stock market.

9:35 AM

Pinnacle Perspectives

Marleen Dieleman, Professor of Family Business at IMD, discusses how Asian family businesses navigate hierarchies, multi-generational transitions, and sustaining family legacy.

10:05 AM

Open For Business

Naluri's CEO Azran Osman-Rani on closing a tough $14M Series B, their new strategic partnership with TELUS Health, and the plan for profitable expansion.

11:05 AM

P&L

CEO's AI Dream, CISO's Nightmare? KPMG's Alvin Gan on the critical disconnect between CEOs and CISOs on AI, and how to align ambition with security reality.

12:00 PM

Enterprise Explores

Accenture's Doriss Chow on why only 10% of banks are AI frontrunners, and what it takes to move from experimentation to reinvention.

1:00 PM

The Breakfast Grille Repeat

Dr. Sheriff Abdullahi of MSD discusses how the company is navigating the challenges facing the pharmaceutical industry today.

2:05 PM

Discovery Hour

3:05 PM

Earth Matters

There’s never been a global agreement to comprehensively tackle plastic pollution — but that’s what negotiators have been working towards in Geneva. With the latest round of talks now over, we’re joined by Wong Pui Yi, a researcher from the Basel Action Network, to find out where the treaty stands, what progress has been made, and the challenges ahead.

4:05 PM

Health & Living

For people with disabilities or mobility issues, the world can be difficult to navigate, especially when our urban environment lacks accessibility. But underwater, things can be drastically different for these individuals. We speak to Prof Dr Julia Patrick Engkasan, rehabilitation physician from Universiti Malaya Medical Centre and Syed Abd Rahman, Diveheart Malaysia Ambassador, to find out how diving can open up a whole new world for people with disabilities and how it can help with rehabilitation.

5:00 PM

Top 5 at 5

6:00 PM

Today I Learned

Who will be the next Dalai Lama, and why is it so political? With the Dalai Lama turning 90 this year, the search for his successor is on, with both Tibet and Beijing competing for dominance over the process. We speak to an expert about the role of the Dalai Lama amidst China and Tibet’s tumultuous history.

7:00 PM

Just For Kicks

The Premier League’s opening week brought high drama, with Arsenal edging Manchester United after a goalkeeping blunder, Chelsea held to a controversial stalemate by Crystal Palace, and champions Liverpool launching an emotional title defense with a 4–2 win over Bournemouth.

8:00 PM

A Bit of Culture

Kam Raslan, Matt Armitage and Dhanya Nair get together to talk about the democratisation of technology, deepfakes and musicians making comebacks!