5 Data Recovery Facts that Business Owners Should Know
Data loss has an effect on every business. Whether you know it or not, your company has lost data at some point in time. While that data may not have been necessary to continue business, there is no telling what kind of important data could potentially be lost in the future. Data loss and data recovery are hot topics for small businesses. In recent years as an increase in technology accessibility has made many online systems available to small businesses, data loss has become a larger concern. Having your data fall into the wrong hands could potentially open your business up to legal action.
This just goes to show how important it is that you have proper data loss prevention measures in place. According to GWN, 94% of businesses that suffers severe data loss came to a halt, and 435 of those businesses were forced to close their doors without ever beginning operations again. This just goes to show how catastrophic data loss can be, especially when data recovery is not an option. Most businesses would not be able to survive.
FACT 2: Only 47% of businesses that suffered serious data loss had backups in place to restore the data.
That’s right, according to Symantec, nearly half of all businesses do not backup their important business data. The sad fact is that a lot of business owners know how important backups are for their future success, but many overlook it in favor of other projects until it is far too late. You have to have effective backup processes in place to ensure that your data does not fall into the wrong hands or be lost forever.
FACT 3: 60% of businesses are unprepared for cyber attacks of any kind.
According to the National Cyber Security Alliance, almost 2/3rds of businesses are unprepared for any type of cyber attack, and do not have a contingency plan in place to help them deal with future attacks. Although many of these businesses assume that they will never have to deal with a cyber attack, they are much more common than most believe.
According to OnTechSys, 40% of businesses that maintain their own network will have their system accessed by an outside party this year. This means that cyber attacks are much more common than most businesses believe and there is a very real chance that your small business could be effected by one this year. It is important that all businesses put prevention measure sin place and develop a plan for dealing with potential attacks.
FACT 5: 31% of attacks target businesses with less than 250 employees.
Although most small businesses assume that cyber attacks are a larger threat to large companies, that is not always the case. According to Symantec’s report, nearly one-third of all attacks will target small businesses over large ones. This is an important fact because it illustrates how much all businesses need to focus on cyber security. There are a few small steps that can be taken to ensure that your business is protected from these attacks.
Data loss is a very important topic for businesses of all sizes. These five facts show just how important some small preventative measures are for small businesses and large businesses alike. If you are interested in learning more about how you can protect your business from all types of cyber threats, please contact us today to schedule your initial consultation with our cyber security experts. We’ll help you put together a plan that protects your business and mitigates risk.