Written by: Jay H.
Once put on the backburner of business operations, a data backup strategy is now a non-negotiable part of any modern organization. Without a proper strategy in place, companies can lose everything. Here’s what you need to know ahead of World Backup Day on March 31.
What Is A Backup?
A data backup is a copy of your business’s files that preserves your data if something happens to it. It’s essential to have several copies to minimize risks, such as a copy in a USB drive and a copy in cloud storage. Organizations deal with data that would be extremely costly or impossible to recover if lost, so regular backups are necessary.
According to World Backup Day, 30 percent of people have never backed up their data. This statistic is extremely worrisome, especially for businesses that do not regularly back up their files.
Why Should I Back Up My Data?
There are many ways you could lose access to your data. Two board threats to your company’s data include data breaches and data loss.
Data Breaches
Think your organization is “too small” to be targeted by hackers? Think again. According to Verizon, 43 percent of cyberattacks in 2020 targeted small businesses. And research from IBM shows that the average cost of a data breach for small businesses (fewer than 500 employees) was $2.35 million in 2020. Indeed, hackers have turned their attention toward small companies because of their lack of security measures in place. That’s why it’s crucial to have both cybersecurity protocols for your organization and data backups to recover after a breach.
Data Loss
What if you were to lose or break your work laptop? Or what if the hard drive failed? How about if you deleted or overwrote an important file? The possible causes of data loss are myriad. While you can always replace the hardware itself, recovering the data may be impossible without a data backup. And according to Netwrix Research, hardware failure is the cause of 35 percent of data loss for companies. This loss is easily preventable had the companies simply performed backups of their data.
Backup Solutions
The majority of data breaches and losses are avoidable if a company has proper backup and cybersecurity policies in place. That said, companies cannot overlook the importance of data backups.
Luckily, organizations can work with a reputable managed IT services provider such as Design2Web IT to perform automated daily backups and rapid disaster recovery. Not only that, but we provide comprehensive network security to keep your organization safe from threats. Contact us today to learn how we can protect your business from the devastating impacts of data breaches and data loss.
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