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Aug 26, 2021
DUBLIN, Ireland – August, 26 2021 – Equinix, Inc (Nasdaq: EQIX), the world's digital infrastructure company™, today announced new findings from its annual global study, highlighting the prevailing views of IT decision-makers in Ireland around the evolving data privacy, cybersecurity and regulatory environment.
Surveying 2600 IT decision-makers from diverse enterprises across 26 countries in the Americas, Asia-Pacific and EMEA regions, the study reveals that:
Moreover, with the recent ransomware attack on the HSE shining a light on the risks associated with antiquated digital infrastructure, Equinix’s global survey illustrated that 84% of respondents in Ireland view improving their organisations’ cybersecurity as a top priority, similar to the 81% of respondents worldwide who said the same – a significant increase from the 70% of total respondents who said this in the 2019 version of Equinix’s report.
Findings from the Global Equinix survey also highlight a growing awareness around the importance of regulatory compliance among IT leaders in Ireland. With GDPR now in its 4th year of implementation and non-compliance fines up 39% between Jan 2020 and Jan 2021, Equinix’s findings give expression to a more regulatory-vigilant approach being adopted. Specifically, GTTS report survey findings found that:
Maurice Mortell, Managing Director, Ireland, Equinix, noted “Our survey was conducted just before the HSE and other recent high-profile breaches. It shows that Irish enterprises had already recognised cybersecurity as their top priority. Now that there is national awareness of the havoc that a cyberattack can cause, we are seeing an even more pronounced focus on IT and cloud security by Irish enterprises.
“The evolving workplace is seeing a growing trend towards hosting applications and data in the cloud, so we can expect to see a sharper focus on cloud security. There are significant benefits of hosting data in highly secure cloud environment, but there are also risks.
“Regulatory compliance is making the protection of data assets a core priority for businesses. The mass rush to digital transformation must be managed in a considered way, with a priority placed on copper fastened data security. With that in mind, we have world leading security specialists and partners who can help businesses to identify and mitigate cloud security risks. Everything we do, all services we launch, including the recently introduced Equinix Fabric and Precision Time, all have risk mitigation and data security in-built.”
Michael Montoya, Chief Information Security Officer, Equinix added “Findings from our Global Tech Trends Survey demonstrate the significance of cybersecurity among industry leaders. As seen with the recent spate of ransomware attacks, the threat landscape is increasingly becoming more challenging. There is an accelerated need for the industry to collaborate on the latest and most compliant solutions to strengthen the overall state of enterprise security.”
Additional Resources
About Equinix
Equinix (Nasdaq: EQIX) is the world’s digital infrastructure company, enabling digital leaders to harness a trusted platform to bring together and interconnect the foundational infrastructure that powers their success. Equinix enables today’s businesses to access all the right places, partners and possibilities they need to accelerate advantage. With Equinix, they can scale with agility, speed the launch of digital services, deliver world-class experiences and multiply their value.
Forward-Looking Statements
This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from expectations discussed in such forward-looking statements. Factors that might cause such differences include, but are not limited to, the challenges of acquiring, operating and constructing IBX® data centers and developing, deploying and delivering Equinix products and solutions; unanticipated costs or difficulties relating to the integration of companies we have acquired or will acquire into Equinix; a failure to receive significant revenues from customers in recently built out or acquired data centers; a failure to complete any financing arrangements contemplated from time to time; competition from existing and new competitors; the ability to generate sufficient cash flow or otherwise obtain funds to repay new or outstanding indebtedness; the loss or decline in business from our key customers; risks related to our taxation as a REIT; and other risks described from time to time in Equinix filings with the Securities and Exchange Commission. In particular, see recent Equinix quarterly and annual reports filed with the Securities and Exchange Commission, copies of which are available upon request from Equinix. Equinix does not assume any obligation to update the forward-looking information contained in this press release.
Media Contact
Rochelle Vaz
Comit (For Equinix)
+353 894850190
rochelle@comit.ie
Equinix Press Contact
Tom Farthing (EMEA)
+44 (0)77650 26720
Thomas.Farthing@eu.equinix.com