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Veeam Reveals 96% EMEA Financial Firms Struggle.
Veeam Reveals 96% EMEA Financial Firms Struggle.

TECHx

time4 days ago

  • Business
  • TECHx

Veeam Reveals 96% EMEA Financial Firms Struggle.

Home » Emerging technologies » Cyber Security » Veeam Reveals 96% EMEA Financial Firms Struggle Six months after the EU's Digital Operational Resilience Act (DORA) came into effect, Veeam® Software, the Data Resilience, announced findings from a Censuswide survey. The survey revealed that 96% of EMEA financial services organizations still feel their data resilience falls short. The study gathered insights from senior IT decision makers in the UK, France, Germany, and the Netherlands. It highlighted the challenges the sector faces in adapting to DORA, which was introduced in January 2025 to strengthen defenses against cyberthreats and ICT disruptions. 'It's promising to see that most organizations have embraced and feel confident about meeting DORA's requirements,' said Edwin Weijdema, Field CTO EMEA at Veeam. 'Achieving compliance is an important first step in ensuring your organization is resilient but given today's complex threat landscape there's more to do. New Veeam research shows that many financial institutions still see a gap in their overall resilience and face challenges in securing the necessary budget, even as DORA grows in strategic importance. The journey to operational resilience is ongoing, and it's clear that prioritizing data resilience remains critical for organizations' long-term success.' While 94% of organizations reported that DORA is now a higher priority than before the deadline, 40% called it their top digital resilience focus. Half said DORA requirements are part of their wider resilience programs. However, many continue to face obstacles: 41% reported increased stress on IT and security teams. 37% dealt with higher ICT vendor costs. 22% saw digital regulations as barriers to innovation. Despite the focus on compliance, many firms have yet to complete key requirements such as recovery testing, incident reporting, and third-party risk oversight, which 34% cited as the hardest to implement. Andre Troskie, Field CISO EMEA at Veeam said, 'It's interesting to see that third-party oversight has emerged as a particular pain point for organizations. Over a third named it the most challenging to implement, and many called for additional guidance on establishing it in the first place. An often-overlooked facet of data resilience, it's promising to see that organizations are interrogating their defences to this degree which is exactly what it was designed to do. Of course, meeting the requirements is key, but DORA was also about getting organizations to assess their resilience holistically and in that aspect, it seems to be succeeding.' Veeam's experts stressed that while compliance is crucial, true operational resilience requires ongoing effort and holistic data resilience strategies. The company also highlighted its Data Resilience Maturity Model (DRMM), developed with McKinsey, which helps firms assess and improve their resilience against evolving risks. This research emphasizes the growing importance of digital operational resilience for financial institutions across EMEA as they navigate the new regulatory landscape.

96% of EMEA Financial Services Organizations believe they need to improve their resilience to meet DORA Requirements
96% of EMEA Financial Services Organizations believe they need to improve their resilience to meet DORA Requirements

Zawya

time4 days ago

  • Business
  • Zawya

96% of EMEA Financial Services Organizations believe they need to improve their resilience to meet DORA Requirements

Dubai, UAE – Six months after the EU's Digital Operational Resilience Act (DORA) came into effect, a new Censuswide survey commissioned by Veeam® Software, the #1 global leader in Data Resilience by market share reveals that 96% of EMEA financial services organizations still feel their current level of data resilience falls short. The survey, which gathered insights from senior IT decision makers at financial services companies in the UK, France, Germany, and the Netherlands, underscores the ongoing challenges faced by the sector as it adapts to DORA – a framework introduced by the EU in January 2025 to strengthen the financial industry's defenses against cyberthreats and ICT disruptions. While DORA has been embedded as a strategic priority across the financial sector, many organizations are still navigating the path to full compliance. The survey found that 94% of organizations surveyed now rank DORA higher in their organizational priorities than they did in the month before the deadline, with 40% calling it a current 'top digital resilience priority.' Half of the respondents said DORA requirements have been integrated into their broader resilience programs, while 39% reported it remains a central focus. The Unintended Consequences of DORA Even with 94% of organizations clear on the steps they need to take; many are facing unforeseen challenges: 41% report increased stress and pressure on IT and security teams. 37% are dealing with higher costs passed on by ICT vendors. 22% believe the volume of digital regulation is becoming a barrier to innovation or competition. 20% have yet to secure the necessary budget to meet DORA requirements. 'It's promising to see that most organizations have embraced and feel confident about meeting DORA's requirements,' said Edwin Weijdema, Field CTO EMEA at Veeam. 'Achieving compliance is an important first step in ensuring your organization is resilient but given today's complex threat landscape there's more to do. New Veeam research shows that many financial institutions still see a gap in their overall resilience and face challenges in securing the necessary budget, even as DORA grows in strategic importance. The journey to operational resilience is ongoing, and it's clear that prioritizing data resilience remains critical for organizations' long-term success.' DORA: Still a Work in Progress Despite this prioritization, many organizations are still working to meet key DORA requirements: 24% have not established recovery and continuity testing. 24% have not implemented incident reporting. 24% have not identified a DORA implementation lead. 23% have not conducted digital operational resilience testing. 21% have not ensured backup integrity and secure data recovery. The most challenging DORA requirement? Third-party risk oversight, with 34% of organizations citing it as the hardest to implement – despite only 20% yet to do so. There are many possible reasons for this, from the limited visibility many organizations have into their third-party operations to the sheer scale of third-party networks. Andre Troskie, Field CISO EMEA at Veeam said, 'It's interesting to see that third-party oversight has emerged as a particular pain point for organizations. Over a third named it the most challenging to implement, and many called for additional guidance on establishing it in the first place. An often-overlooked facet of data resilience, it's promising to see that organizations are interrogating their defences to this degree – which is exactly what it was designed to do. Of course, meeting the requirements is key, but DORA was also about getting organizations to assess their resilience holistically – and in that aspect, it seems to be succeeding.' Additionally, 22% of organizations felt that DORA's design could have been improved to aid compliance, with calls for simplification, clarification, and more detailed third-party risk guidance. Supporting the Journey to Resilience In response to the growing need for structured resilience strategies, Veeam and McKinsey earlier this year introduced the industry's first Data Resilience Maturity Model (DRMM). Built on extensive research and insights from over 500 IT, security, and operations leaders, the Veeam DRMM has been validated through real-world customer outcomes. This framework enables organizations to assess their data resilience using a cross-functional approach that integrates IT, security, and compliance into a unified strategy. It provides a clear roadmap for enhancing resilience and achieving compliance with regulations like DORA. 'DORA was about more than compliance – it was about driving a holistic reassessment of digital data resilience,' added Troskie. 'And in that respect, it's working.' About the Veeam DORA Confidence Survey Censuswide conducted this research on behalf of Veeam between June. 5 and June. 11, 2025. The survey included 404 Senior IT decision makers/Heads of compliance at financial service companies/banks with over 500+ employees across the UK, France, Germany, and the Netherlands. Although the UK is a non-EU member state, it was included due to its significant business ties with EU countries that fall under DORA. An additional criterion ensured that all UK respondents worked for organizations that currently fall under DORA. The study was nationally representative. About Veeam Software Veeam®, the #1 global market leader in data resilience, believes every business should be able to bounce forward after a disruption with the confidence and control of all their data whenever and wherever they need it.​ Veeam calls this radical resilience, and we're obsessed with creating innovative ways to help our customers achieve it. Veeam solutions are purpose-built for powering data resilience by providing data backup, data recovery, data portability, data security, and data intelligence. ​With Veeam, IT and security leaders rest easy knowing that their apps and data are protected and always available across their cloud, virtual, physical, SaaS, and Kubernetes environments. Headquartered in Seattle with offices in more than 30 countries, Veeam protects over 550,000 customers worldwide, including 67% of the Global 2000, that trust Veeam to keep their businesses running. ​Radical resilience starts with Veeam.

Veeam Kasten Assessed 'Awardable' for Department of Defense work in the P1 Solutions Marketplace
Veeam Kasten Assessed 'Awardable' for Department of Defense work in the P1 Solutions Marketplace

Associated Press

time6 days ago

  • Business
  • Associated Press

Veeam Kasten Assessed 'Awardable' for Department of Defense work in the P1 Solutions Marketplace

SEATTLE--(BUSINESS WIRE)--Jul 15, 2025-- Veeam ® Software, the #1 global leader by market share in Data Resilience, today announced that Veeam Kasten has achieved 'Awardable' status through the Department of Defense (DoD) Platform One (P1) Solutions Marketplace. The P1 Solutions Marketplace is a digital repository of post-competition, 5-minute long readily-awardable pitch videos, which address the Government's most stringent requirements in hardware, software and service solutions. As organizations increasingly rely on Kubernetes for containerized applications and VMs, the need for robust data resilience – including backup and disaster recovery solutions – becomes critical. The dynamic nature of containers complicates traditional backup strategies. Without proper backup and recovery processes in place, organizations risk data loss, service disruption, financial impact, and adverse mission outcomes, making backup and disaster recovery essential for mission continuity and data integrity. Veeam Kasten provides comprehensive backup and disaster recovery, application mobility and ransomware protection for mission critical Kubernetes workloads. Whether managing large-scale migrations, ensuring resilient operations, or automating data protection and recovery, Veeam Kasten delivers unmatched reliability, security and usability. Veeam Kasten is the first enterprise-ready data protection solution to be hosted on Iron Bank – the vetted repository of assessed containers, purpose-built to enable the rapid, scalable, and secure deployment of applications across the DoD. Veeam Kasten images are available for P1 users to deploy on their Kubernetes clusters with confidence and ease, reducing deployment times from months or years to just weeks. 'As the DoD accelerates the adoption of emerging technology, the inclusion of Veeam Kasten in the P1 Marketplace demonstrates our commitment to delivering secure, data resilience for Kubernetes,' said Gaurav Rishi, Vice President of Product Management at Veeam. 'This milestone allows us to better support government agencies and contractors with a comprehensive solution for their Kubernetes application workloads, maximizing operational efficiency and enhancing data resilience in today's complex IT landscape. 'While most backup tools retrofit container support, Veeam Kasten was built for Kubernetes from day one, with native APIs, hardened images, and zero-trust architecture. Veeam Kasten is uniquely purpose-built – combining the industry's first FIPS 140-3-validated Kubernetes protection, P1 Iron Bank-hardened images, and automated SBOM generation – to enable federal agencies to meet stringent cyber resilience mandates without compromising innovation. We're excited to continue supporting the defense community with our industry-leading solutions and further strengthening Veeam Kasten's capability to secure Kubernetes data and support the DoD mission.' Veeam Kasten's video, Veeam Kasten for US Fed in Five Minutes, is now accessible by government customers on the P1 Solutions Marketplace. It presents an actual use case in which the company provides the what, why, and how of Veeam Kasten for Kubernetes and highlights how Veeam Kasten can help US Federal agencies and organizations protect their cloud native VM and container workloads. Veeam Kasten was recognized among a competitive field of applicants to the P1 Solutions Marketplace whose solutions demonstrated innovation, scalability, and potential impact on DoD missions. Government customers interested in viewing the video solution can create a P1 Solutions Marketplace account at Federal agencies can request access or schedule a product demo via For more information on Veeam, visit About Veeam Software Veeam®, the #1 global market leader in data resilience, believes every business should be able to bounce forward after a disruption with the confidence and control of all their data whenever and wherever they need it. Veeam calls this radical resilience, and we're obsessed with creating innovative ways to help our customers achieve it. Veeam solutions are purpose-built for powering data resilience by providing data backup, data recovery, data portability, data security, and data intelligence. With Veeam, IT and security leaders rest easy knowing that their apps and data are protected and always available across their cloud, virtual, physical, SaaS, and Kubernetes environments. Headquartered in Seattle with offices in more than 30 countries, Veeam protects over 550,000 customers worldwide, including 67% of the Global 2000, that trust Veeam to keep their businesses running. Radical resilience starts with Veeam. Learn more at or follow Veeam on LinkedIn @veeam-software and X @veeam. About the P1 Solutions Marketplace The P1 Solutions Marketplace is a digital repository of post-competition, readily awardable pitch videos that address the Department of Defense's (DoD) most significant challenges in hardware, software and service solutions. All awardable solutions have been assessed through complex scoring rubrics and competitive procedures and are available to Government customers with a Marketplace account. Government customers can create an account at For more information or media requests, contact: [email protected]. Supporting Q&As Why do you need Kubernetes protection? Veeam Kasten protects the unique characteristics of modern, cloud-native development in Kubernetes including data, configurations, metadata and dependencies. Kubernetes manages key data, configurations, and dependencies for modern apps. Veeam Kasten helps by safeguarding all these elements, ensuring Kubernetes workloads remain resilient, available, and secure. What does 'Awardable' mean in the Department of Defense Platform One Solutions Marketplace? 'Awardable' status means Veeam Kasten has passed DoD vetting and is pre-approved for procurement, allowing agencies to quickly acquire and deploy the solution without lengthy review processes. What platforms and environments are supported by Veeam Kasten? Veeam Kasten supports all major Kubernetes distributions, including Amazon EKS, Google GKE, Azure AKS, Red Hat OpenShift, VMware Tanzu, and on-premises Kubernetes clusters. View source version on For Veeam media inquiries, [email protected]. KEYWORD: UNITED STATES NORTH AMERICA WASHINGTON OHIO INDUSTRY KEYWORD: DATA MANAGEMENT DEFENSE SECURITY TECHNOLOGY SOFTWARE GOVERNMENT TECHNOLOGY HARDWARE SOURCE: Veeam Software Copyright Business Wire 2025. PUB: 07/15/2025 09:05 AM/DISC: 07/15/2025 09:05 AM

Veeam Positioned as a Leader in the 2025 Gartner Magic Quadrant for Backup & Data Protection Platforms for the Ninth Consecutive Time
Veeam Positioned as a Leader in the 2025 Gartner Magic Quadrant for Backup & Data Protection Platforms for the Ninth Consecutive Time

Al Bawaba

time01-07-2025

  • Business
  • Al Bawaba

Veeam Positioned as a Leader in the 2025 Gartner Magic Quadrant for Backup & Data Protection Platforms for the Ninth Consecutive Time

Veeam® Software, the #1 global leader by market share in Data Resilience, has been positioned by Gartner, Inc. in the Leaders Quadrant of the 2025 Magic Quadrant for Backup & Data Protection Platforms. This is the ninth consecutive time that Gartner has recognized Veeam as a Magic Quadrant Leader, and the sixth consecutive year Veeam is positioned highest for Ability to Execute. Veeam believes this consistent recognition reflects Veeam's industry advancement and adaptability in a world that's constantly evolving from the growth in cyber threats to the emergence of AI as a critical business does this matter? Because every minute, somewhere on the planet, a business is fighting off ransomware, dealing with cloud sprawl, or wondering how to harness AI without jeopardizing its data. Over 550,000 customers, nearly 72% of the Global 2000, choose Veeam as their safety net and springboard at the same time. 'Veeam's success is built on serving our customers' needs and supporting them as their technology needs evolve – from delivering the most complete end-to-end cyber resilience capabilities to giving them the freedom to choose where and how to store and use their data,' said Anand Eswaran, CEO at Veeam. 'That commitment to innovation, which has been at the core of our company since its inception, continues today as the world moves to SaaS and as organizations are incorporating AI into their core business processes. Veeam is the one-stop shop for keeping critical data safe no matter what happens.'The latest Gartner recognition follows a period of rapid innovation for Veeam Data Cloud. Recent advancements include expanded protection for Microsoft SaaS environments, now safeguarding both Microsoft 365 and user identities through Entra ID. Veeam also introduced predictable, immutable offsite storage accessible to all Veeam customers, further strengthening defenses against ransomware. Additionally, new support for Salesforce ensures critical business data remains secure and recoverable across even more cloud Quadrant reports are a culmination of rigorous, fact-based research in specific markets, providing a wide-angle view of the relative positions of providers in markets where growth is high and provider differentiation is distinct. Providers are positioned into four quadrants: Leaders, Challengers, Visionaries, and Niche Players. The research enables organizations to get the most from market analysis in alignment with their unique business and technology resources • • Complimentary copy of the report coming soon to: Gartner disclaimerGartner, Magic Quadrant for Backup and Data Protection Platforms, Michael Hoeck, Jason Donham, Rene Rodriguez, Rizvan Hussain, Sankalp Rastogi, 24 June name of the report was changed from Magic Quadrant for Data Center Backup and Recovery Software in 2016 to Magic Quadrant for Data Center Backup and Recovery Solutions in 2017 and to Magic Quadrant for Enterprise Backup and Recovery Software Solutions in does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. © 2000 - 2025 Al Bawaba ( Signal PressWire is the world's largest independent Middle East PR distribution service.

Veeam positioned as a leader in the 2025 Gartner Magic Quadrant for Backup & Data Protection Platforms for the Ninth Consecutive Time
Veeam positioned as a leader in the 2025 Gartner Magic Quadrant for Backup & Data Protection Platforms for the Ninth Consecutive Time

Zawya

time30-06-2025

  • Business
  • Zawya

Veeam positioned as a leader in the 2025 Gartner Magic Quadrant for Backup & Data Protection Platforms for the Ninth Consecutive Time

DUBAI, UAE – Veeam® Software, the #1 global leader by market share in Data Resilience, has been positioned by Gartner, Inc. in the Leaders Quadrant of the 2025 Magic Quadrant for Backup & Data Protection Platforms. This is the ninth consecutive time that Gartner has recognized Veeam as a Magic Quadrant Leader, and the sixth consecutive year Veeam is positioned highest for Ability to Execute. Veeam believes this consistent recognition reflects Veeam's industry advancement and adaptability in a world that's constantly evolving from the growth in cyber threats to the emergence of AI as a critical business enabler. Why does this matter? Because every minute, somewhere on the planet, a business is fighting off ransomware, dealing with cloud sprawl, or wondering how to harness AI without jeopardizing its data. Over 550,000 customers, nearly 72% of the Global 2000, choose Veeam as their safety net and springboard at the same time. 'Veeam's success is built on serving our customers' needs and supporting them as their technology needs evolve – from delivering the most complete end-to-end cyber resilience capabilities to giving them the freedom to choose where and how to store and use their data,' said Anand Eswaran, CEO at Veeam. 'That commitment to innovation, which has been at the core of our company since its inception, continues today as the world moves to SaaS and as organizations are incorporating AI into their core business processes. Veeam is the one-stop shop for keeping critical data safe no matter what happens.' The latest Gartner recognition follows a period of rapid innovation for Veeam Data Cloud. Recent advancements include expanded protection for Microsoft SaaS environments, now safeguarding both Microsoft 365 and user identities through Entra ID. Veeam also introduced predictable, immutable offsite storage accessible to all Veeam customers, further strengthening defenses against ransomware. Additionally, new support for Salesforce ensures critical business data remains secure and recoverable across even more cloud applications. Magic Quadrant reports are a culmination of rigorous, fact-based research in specific markets, providing a wide-angle view of the relative positions of providers in markets where growth is high and provider differentiation is distinct. Providers are positioned into four quadrants: Leaders, Challengers, Visionaries, and Niche Players. The research enables organizations to get the most from market analysis in alignment with their unique business and technology needs. About Veeam Software Veeam®, the #1 global market leader in data resilience, believes every business should be able to bounce forward after a disruption with the confidence and control of all their data whenever and wherever they need it.​ Veeam calls this radical resilience, and we're obsessed with creating innovative ways to help our customers achieve it. Veeam solutions are purpose-built for powering data resilience by providing data backup, data recovery, data portability, data security, and data intelligence. ​With Veeam, IT and security leaders rest easy knowing that their apps and data are protected and always available across their cloud, virtual, physical, SaaS, and Kubernetes environments. Headquartered in Seattle with offices in more than 30 countries, Veeam protects over 550,000 customers worldwide, including 67% of the Global 2000, that trust Veeam to keep their businesses running. ​Radical resilience starts with Veeam.

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