Backup compliance includes the reporting, defining, and enforcing of backup policies for cloud and on-premises backups.
Compliance with set backup policies and regulations ensures the safety and protection of data rights legally under regulations and the gaining of consumer trust.
See below learn all about the global backup compliance market:
Backup compliance market
The global backup compliance market is a segment of the global data backup and recovery market, which was estimated at $8.4 billion in 2020. It’s forecast to maintain a compound annual growth rate (CAGR) of 8.8% over the analysis period from 2020 to 2027, reaching $15.2 billion by the end of it.
Regionally, the data backup market is segmented as follows:
- The U.S. market was estimated at $2.3 billion in 2020, with a 27.3% share
- The Chinese market is forecast for a CAGR of 11.7%, reaching $3.2 billion by 2027
- Japan and Canada are forecast to grow at a CAGR of 6% and 7.4% over the forecast period
- Within Europe, Germany is projected to maintain one of the highest CAGRs at 6.8%
- The Asia-Pacific segment, led by Australia, India, and South Korea, is set to reach $2.1 billion by 2027
- The Latin America segment is to set grow at a CAGR of 11% over the analysis period
By industry, the banking, financial services, and insurance (BFSI) sector is expected to account for the largest market by 2030.
Other notable industries in the backup market include:
- Health care
- Media and entertainment
Backup compliance features
Backup compliance practices rely on the organization’s ability to provide comprehensive and accurate reports of data storage. The information and data included in a compliance report may vary depending on the sensitivity of the data, and the type of regulatory compliance certificates you’re looking to gain.
Some of the best practices for achieving backup compliance include:
Automating report data collection
Through leveraging backup orchestration and management solutions, the process of collecting activity data for the report can be automated across servers and locations.
Final report customization
Depending on the primary motive behind the reports, whether it’s gaining a compliance certificate or for future audits and system analysis, the data in the report should be flexible.
The main focus of the backup compliance report should highlight the most important data for its purpose.
Tracking backup policies
Backup policies oftentimes differ across an organization’s environment, even more so the larger the infrastructure.
Tracking policies also ensure two or more policies don’t end up contradicting one another.
Systematizing backup errors
Working with smart and proactive backup and recovery software or SaaS solutions would enable you to actively remediate errors and failures in the backup found in the compliance report.
Prioritizing business continuity
Achieving backup compliance comes hand in hand with business continuity, especially in industries that regularly handle confidential information such as financial and government information.
By ensuring compliance of backup and recovery systems, you’re able to ensure the business would be able to proceed as normal as soon as possible after an emergency or error is solved.
Backup and compliance
Performing regular and proper data backup is an essential step to meeting some of the many mandatory data privacy and security regulations. In order to obtain compliance certifications, such as GDPR, PCI, HIPAA, SOC 2, and ISO 27001, an organization’s backup strategy needs to be consistent in its quality and reliability.
Meeting compliance requires the participation of every employee in the company to ensure the safety and security of the data. Additionally, certain products and buy-ins might be necessary for some certificates.
“As the security risks in the technology world are constantly changing and becoming more sophisticated, organizations must be able to deal with them or face the consequences. For businesses that want to protect their customers and themselves, following security standards has become necessary,” according to a post at Rewind, a maker of backup software for SaaS and cloud data.
“Having a reliable data backup strategy is a crucial step for compliance with regulations and achieving business continuity.”
Benefits of backup compliance
Backup compliance ranges from being essential and required by local and international laws to being of complementary value to an organization’s operations and public reputation.
Some benefits of compliance with regulations in backup include:
- Minimizing backup security and privacy risks
- Strengthening control and access to key backup processes
- Enhancing customer and client trust
- Understanding modern cybersecurity requirements
- Aligning backup efforts with business growth and continuity
“If your organization runs its own data center, it has a team of administrators running the infrastructure that ensures compliance with industry regulations,” says Danny Allan, member of the Forbes Technology Council.
“The biggest advantage industry clouds offer is their easy adherence to certifications and compliance regulations.”
Backup compliance use cases
Backup compliance needs differ depending on the organizations seeking the service or solution. There are numerous providers of backup compliance services ranging in industry and solution portfolio.
Wise is a financial services company that enables individuals and businesses to send funds around the world. Based in London, Wise is used by over 10 million customers and businesses for personal and commercial transactions.
Looking to move the entirety of its infrastructure and database to the AWS cloud, it also needed a solution to move its data backup environment to Amazon RDS without compromising its backup security and privacy standards.
Wise used AWS Backup to simplify its backup strategy and utilized AWS’s numerous tools to ensure its backup was still compliant with the regulations of the financial industry in the dozens of countries the company operates in.
“AWS Backup is extremely easy to set up and use. It’s much easier than any backup product we’ve used in the past and enables us to show our auditors what they need to see for maintaining compliance,” says Thomas Hewer, technology lead at Wise.
“We spun up our AWS Backup plans really quickly and set up templates and tags, so any team can automatically have their new resources protected by the right backup plan.”
Working with AWS, Wise was able to simplify backup compliance for auditing purposes, scale up to meet backup needs globally, and automate recovery and compliance
Cloud Temple is a technology services provider specializing in hosting and private cloud infrastructure. Based in Paris, it works with corporate clients in France, primarily in the banking and industrial sectors.
Cloud Temple needed to protect its clients’ virtual machines while cutting costs on the multi-tenant private cloud service.
Reaching out to IBM, Cloud Temple deployed IBM Spectrum Protect Plus to manage the backup process for its 7,500 virtual machines and use drill-down dashboard to monitor backup compliance and storage optimization.
“With IBM Spectrum Protect Plus, keeping VMs protected is far easier to manage and we can focus on adding value to our clients rather than on developing software,” says Christophe Lesur, general manager at Cloud Temple.
“We have eliminated the need to maintain and update our in-house solution, freeing up three FTEs to focus on other responsibilities. Second, we are saving at least two FTEs in daily operations, so we can focus more on delivering excellent service to our clients.”
Working with IBM to automate backup strategies and compliance, Cloud Temple was able to save 3 full-time equivalents on maintenance tasks and two on manual backup operations.
University of Leicester
The University of Leicester is a public research university in England that offers over 350 degree programs in 51 academic departments. It serves over 16,800 students and employs around 5,000 staff members.
Upgrading its data storage and backup infrastructure, the University of Leicester wanted a solution to support the digitization of the learning experience, simplify compliance with GDPR, and optimize the use of its storage capacity.
Reaching out to Commvault Systems, the University settled on Commvault Activate for backup compliance and switched to storing the data of over 1,000 virtual machines in a hybrid cloud environment.
“A problem with data availability can have a catastrophic impact on a research study,” says Mark Penny, an infrastructure systems specialist at the University of Leicester.
“With Commvault, we can protect huge volumes of data cost-effectively and efficiently.”
Working with Commvault, the University of Leicester to save over 1 million pounds on storage hardware, reduce backup windows from four weeks to 36 hours and reduce storage capacity from 15 to 1.6 PB, decreasing the risk of cyber threats by optimizing for GDPR compliance.
Backup compliance providers
Some of the leading providers of backup compliance in the market include:
- CA Technologies
- Dell Technologies
- Veeam Software
- Veritas Technologies
- Commvault Systems
- Hewlett Packard Enterprise