![]() How does it happen? Here are some of the most common causes:Ī whopping 75% of corporate data loss is caused by human error, according to the IT Policy Compliance Group. And when there’s no form of corporate data backup in place, those files are often gone for good. It happens every day at companies around the globe. Statistics show that roughly 70% of businesses experience data loss. When these applications become inaccessible, or the data inside them goes missing, operations can come to a screeching halt. If, for example, a cyberattack compromised these files, then critical applications and even the operating systems themselves might not function properly.īusinesses today rely on a wide range of software for their day-to-day operations. What kinds of data should businesses back up?įrom a file perspective alone, businesses maintain a wide spectrum of critical data that is central to their operations: email, customer data, transactions, marketing plans, strategies, assets and employee data – not to mention all the various files and folders that are accessed by its workers every day.īut then there are the other layers of critical data, like O/S and application data, that power the business’s computing capabilities. After a data loss event occurs, administrators can restore individual files, or the entire backup, by choosing the appropriate recovery point. Backups occur on a schedule set by the administrator. It is a solution for protecting against data loss and system downtime, enabling a business to continue running efficiently.ĭata is backed up to an on-site server, a backup appliance or a data center off-site (or even a combination of all three). What is corporate data backup?Ĭorporate data backup is a system of software and hardware that ensures business continuity in the event of a disaster. ![]() The single most critical contingency for these scenarios is corporate data backup. Natural disasters, human error and other factors contribute to data being compromised and potentially lost. These disruptions aren’t limited to hackers or servers going down. Regardless of the size of the business, it’s important to have contingencies in place for when disruptions inevitably occur. For large businesses, that number skyrockets up to $5 million per hour. When a loss of data leads to operational downtime, it costs small businesses an average of nearly $8,600 every hour until the problem is resolved. Some research has shown that 60% of companies that lose their data are forced to shut down within 6 months. Without an adequate corporate data backup system in place, a business stands to lose everything. From critical application data to sensitive customer files, companies today are literally powered by their data. In today’s business world, data is everything.
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