Managed cloud provider Rackspace has moved further into the cybersecurity market with a new data protection and compliance solution designed to complement its existing managed security services. According to a recent Forrester Research report, 49% of global network decision makers have experienced at least one breach in the last 12 month. Rackspace believes that chief risk and compliance officers have to reevaluate the way their organisation handles sensitive customer data. The company sees an opportunity for a fully-managed data protection service in this space.