Unstructured data growth increases risk of ransomware and data breaches
Unchecked data growth and disorganization increases cyber risk, according to Egnyte's 2021 Data Governance Trends Report. The report is based on a survey of 400 IT executives conducted in July 2021 and examines the challenges of securing and governing unstructured content in today’s hybrid and remote work environments.
A key finding of the research is that unchecked data growth, combined with a lack of visibility, is increasing the risk of breaches, ransomware and compliance violations dramatically. More than half of companies (52%) use more than ten sanctioned file storage repositories, and 40% report unsanctioned cloud storage in use across the organization, as well as rampant use of informal repositories like email, Slack and DocuSign.