Companies, regardless of size, rely on critical business data in order to succeed and flourish. What would happen to their business if they lost sensitive information?
What is your recovery time objective? It is not just about the backup but the recovery process too. You need to decide upon the longest time your business can allow for downtime without incurring significant risks or significant loss.
One survey stated that 70% of businesses that suffer a serious data loss are out of business within 2 years.
In a survey commissioned by Seagate, 45% of organisations have suffered data loss. As a result of data loss, there is a:
- reduction in employee productivity by 44%
- loss of customer confidence or loyalty by 32%
Loss of data can result from a security breach when sensitive information is released in the wild. Organisations may face insurmountable financial and legal liabilities if they lose sensitive data. Data breaches and loss can result in direct costs such as reimbursement to customers and data recovery costs. Companies may, for instance, face the inevitable task of recreating lost data from scratch after a loss or breach occurs. Even worse is the damage to one’s reputation in the event of a loss of data or a security breach.
To safeguard your business data, here are two simple actions to take:
1. Always have a backup of your data, on premise and off-premise.It should be automated and provide notification for success and failure; for proactive response.
2. Have a disaster recovery plan that is tested and documented to ensure you can recover in a timely manner!
3. Let me say that again - your backups (as part of your DR) MUST be tested regularly!
Insure your business data today, organise your FREE recovery health check today.
Talk to MA Technology Solutions on (02) 4909 3700.