During his interview on CNA 938 “Singapore Today” segment, Raymond Goh, Senior Director, Systems Engineering, ASEAN region, shared his insights on the recent Value of Data study. Raymond elaborated on why organizations globally are losing an estimated US$2 million a year due to challenges in managing their data. He highlighted the financial impact of poor data management and cited the examples of Veritas customers in the financial and logistics sectors losing millions due to ransomware, as well as customers who were fined in millions as a result of inability to retrieve information within the stipulated timeframe for regulatory compliance.