Published by SPARK in partnership with Veeam, this report highlights the escalating costs and complexities of data breaches in Southeast Asia, where breach costs reached an all-time high amid growing cloud adoption and AI-driven transformation. The findings reveal that while AI and automation deliver measurable savings in breach detection and remediation, most organisations have yet to extensively integrate these capabilities into their data resilience strategies.
Read the Overview of the I.T & Data Resilience Readiness Report for the latest findings, including:
- The average cost of a data breach in Southeast Asia reached $3.05M, up 6% year-over-year, with 82% of breaches involving cloud-stored data
- 76% of organisations experienced a ransomware attack in the past year, yet only 35% feel fully confident in their current IT backup strategy
- Organisations using AI and automation extensively see breach lifecycles shortened by 99 days and save up to $1.25M in breach costs but only 28% have integrated these technologies extensively
- 42% of organisations test and validate backup and recovery processes only once a year