![]() ![]() Below are some common ways that sensitive data is compromised or lost within organizations. Unfortunately, most companies experience data loss at one time or another, especially if they don’t have a backup and recovery solution in place. Unless you have a trusted data backup and disaster recovery plan in place, hiring information technology (IT) professionals to restore lost data can be a considerable and costly task. It can also shut down operations for a significant amount of time, affecting your entire company and your hard-earned reputation. Almost a quarter of companies that experience a significant data loss will also lose customers.Ī data loss can impact your employees’ ability to serve customers and deliver products. Here are some harrowing statistics: nearly 40% of businesses that suffer a data breach will lose 20% of their revenues as a result. That way, you can recover data and resume operations with minimal impact on employees and customers. Why is it important to back up company data?ĭata backups are crucial because every organization - big or small - needs a secure archive of its most critical business data. Whether your data is lost due to theft, human error, or even Mother Nature, you need a backup strategy to minimize the impact of a data breach or loss. A catastrophic data loss can disrupt productivity, cause reputational damage and expose critical data to potentially nefarious people. Data losses or breaches can happen to anyone at any time.
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