85% of Organizations Experienced Data Loss in 2024: New DataNumen Report Reveals Alarming Trends
According to the report, an overwhelming 85% of organizations experienced one or more data loss incidents over the past year. Even more concerning, 93% of businesses that suffer prolonged data loss lasting more than 10 days go bankrupt within a year, underscoring the catastrophic impact such events can have on long-term business viability.
Key Findings:
'Our research confirms that data loss is not just an IT issue — it's a critical business risk,' said Chongwei Chen, President & CEO of DataNumen. 'The consequences go beyond lost files. We're talking about massive financial losses, operational disruption, reputational damage, and in many cases, the end of the business itself.'
The report also highlights the growing threat of generative AI misuse, with AI-related alerts rapidly becoming one of the most frequently implemented data loss prevention rules.
About DataNumen
DataNumen is a world-renowned data recovery company serving customers in over 240 countries and regions. Its award-winning software is trusted by Fortune 500 companies, governments, and consumers worldwide to recover lost or damaged data from all types of storage media. For more information about DataNumen and its products, visit https://www.datanumen.com/.
Links:
Company website: www.datanumen.com
Report URL: Data Loss Statistics Report 2024
Media Contact:
Alan Chen
DataNumen, Inc.
E-Mail: [email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/252739
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New York Post
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Associated Press
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Focus Graphite Announces Board Changes and Upcoming International Trade Mission with Natural Resources Canada
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In this role, she oversaw a pan-Canadian team of investment professionals and managed a portfolio of over $1 billion in assets. This portfolio included a fully deployed $600 million fund I and a $500 million fund II launched in 2022 that focused on investing in Canada's most promising clean technology companies. Susan has invested in a diverse range of climate technologies across various sectors, including energy, mobility, built environment, carbon management, and industry & resource space, including advanced materials and critical minerals. In 2024, Susan was recognized as a Climate Leader by the Clean50 and received the Clean16 award. She holds undergraduate degrees in both science and finance and an executive MBA from the University of Ottawa. In 2024, she also obtained her ICD.D governance designation from the University of Toronto. 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They are subject to the terms of the Plan as well as the policies of the TSX Venture Exchange. [ This image cannot be displayed. Please visit the source: ] Image 1: Focus Graphite executives, IOS Geosciences, and a representative from KOMIR visit the Lac Knife project near Fermont, Québec, August 14, 2025 To view an enhanced version of this graphic, please visit: [ This image cannot be displayed. Please visit the source: ] Image 2: Focus Graphite executives and IOS Geosciences visit with representatives from the Town of Fermont, QC, August 14, 2025 To view an enhanced version of this graphic, please visit: About Invest in Canada Invest in Canada is Canada's foreign direct investment (FDI) attraction and promotion agency. We find the best to invest in Canada. This means working with our partners across the country and worldwide to attract global companies and support their expansion plans in Canada. About Focus Graphite Advanced Materials Inc. Focus Graphite Advanced Materials is redefining the future of critical minerals with two 100% owned world-class graphite projects and cutting-edge battery technology. Our flagship Lac Knife project stands as one of the most advanced high-purity graphite deposits in North America, with a fully completed feasibility study. Lac Knife is set to become a key supplier for the battery, defense, and advanced materials industries. Our Lac Tétépisca project further strengthens our portfolio, with the potential to be one of the largest and highest-purity and grade graphite deposits in North America. At Focus, we go beyond mining - we are pioneering environmentally sustainable processing solutions and innovative battery technologies, including our patent-pending silicon-enhanced spheroidized graphite, designed to enhance battery performance and efficiency. Our commitment to innovation ensures a chemical-free, eco-friendly supply chain from mine to market. 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The use of any of the words 'could,' 'intend,' 'expect,' 'believe,' 'will,' 'projected,' 'estimated,' and similar expressions, as well as statements relating to matters that are not historical facts, are intended to identify forward-looking information and are based on the Company's current beliefs or assumptions as to the outcome and timing of such future events. In particular, this press release contains forward-looking information regarding, among other things, the advancement of the Lac Knife project through permitting and development activities, the Company's participation in the Canadian Critical Minerals Investment Forum in Japan and Korea and the potential outcomes of related bilateral meetings, the anticipated benefits of Ms. Rohac's appointment to the Board of Directors, the Company's ability to establish strategic partnerships and secure future customers, and its positioning as a near- and long-term supplier of specialty graphite materials within North America and globally. Forward-looking statements are subject to known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such statements. These risks and uncertainties include, but are not limited to, risks related to market conditions, regulatory approvals, changes in economic conditions, the ability to raise sufficient funds on acceptable terms or at all, operational risks associated with mineral exploration and development, and other risks detailed from time to time in the Company's public disclosure documents available under its profile on SEDAR+.Neither TSX Venture Exchange nor its Regulation Services accepts responsibility for the adequacy or accuracy of this release. To view the source version of this press release, please visit
Fast Company
10 hours ago
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If you want to create genuine transformation, you need to start by creating a sense of safety. The Disruption Mindset By publishing his manifesto in Fortune just nine months into his tenure, Anderson was following the advice of many change gurus: create urgency. Burn the boats. Announce the plan loudly and publicly so there's no turning back. That's the disruption mindset. But was that really necessary—or even helpful? The problems that Bayer faced had been building for years. Its 2018 acquisition of Monsanto made it liable for billions of dollars of lawsuits related to the herbicide Roundup, which is thought to cause cancer. The firm had been building up debt for years and it had long been clear that patents of blockbuster drugs, such as Xarelto, were set to expire. None of this was a secret to anyone. As Anderson himself noted, the stock price had fallen by half during his tenure and was at a 20-year low. It's also not clear how a reorganization would address those problems. 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That's why, when IBM was on the verge of collapse, Lou Gerstner made sure his first trip was to IBM's famed Thomas Watson Research Center, not to demand results, but to reassure the scientists that he was committed to supporting their work. When Alcoa was at a similar point, its new CEO, Paul O'Neill, made his commitment to safety, not profits. Many would say that all sounds nice, but naive. The real world is hard-nosed and cutthroat. Yet both Gerstner and O'Neill were seasoned leaders, not wide-eyed idealists, and both took failing companies and transformed them into record-setting profitability in a short time. They did it not by disrupting their organizations, but by making them feel safe enough to embrace change. Creating Safety In 1997, when Clayton Christensen first published The Innovator's Dilemma and introduced the term 'disruptive innovation,' it was a clarion call. 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The safer you make your organization, the more you empower your people to think boldly, take risks, and explore new territory. The more stress you create, the more you drain cognitive capacity, limit creativity and shrink the space people have for insight, collaboration, and original thinking.
