Synology unveiled its new solutions and products on Wednesday in a press briefing in New Delhi, aimed at addressing the growing challenge posed by ransomware attacks.
The company unveiled its flagship high-density storage server, HD6500, capable of providing up to 4.8 Petabytes of storage capacity. This server could serve as not only a central repository for files but also a backup pool for large enterprise organisations.
Synology believes its hardware, along with its software capabilities, are well-designed to protect enterprise data in India.
With the enactment of the Digital Personal Data Protection Act (DPDPA) continuing to shape data management practices for businesses in India, Synology shed light on the challenges faced by small and medium-sized enterprises (SMEs) in adhering to stricter data governance requirements.
These include data breach notification protocols, data subject rights management, and the appointment of Data Protection Officers (DPOs) in certain cases.
In addition to addressing compliance challenges related to stricter DPDPA requirements, the event also focused on pressing cybersecurity concerns.
These included recent data breaches such as the Polycab and AIIMS incidents, in which it took AIIMS more than 2 weeks to fully recover the data and operations, ransomware attacks targeting Indian businesses, and cloud security risks associated with data residency and provider trustworthiness.
The company emphasised the importance of a comprehensive backup strategy in combating ransomware attacks.
Moreover, Russell Chen, Country Manager at Synology SAARC region said the company recorded an impressive 20% market growth last year, driven mainly by the increasing demand from SMBs and enterprises.
"The surge in demand for Synology's backup solutions, exceeding 20%, can be attributed to India's emergence as a prominent data centre hub in the region. This growth has been further fueled by government initiatives encouraging businesses to allocate a greater portion of their IT budget towards security,” Chen said at the launch event.
"The landscape of data management and security is evolving rapidly, compelling businesses to remain ahead of the trend to ensure compliance and safeguard sensitive information." said Russell Chen.
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