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Data: Lost and Found

Between 40-60% of small businesses affected by data loss will not reopen. Those that can recover lose an estimated $8,000 an hour from downtime. If you’re a large company, expect to lose almost $12,000 each minute. [1]

Do we have your attention?

You already know that reliable data storage is essential to all-sized businesses these days. But how reliable is your storage? Last month, during Cybersecurity Awareness Month, we discussed how to keep your business safe from hackers who use tactics like phishing to gain access to your systems. Now it’s time to focus on the recovery of data if it is breached or lost.

From customer accounts and contact information to payroll, employee files, and much more, you rely on storing your data safely and securely to be successful. What happens if you lose that data?

The recent devastation of Hurricane Ian is a harsh reminder that so much can be lost in the blink of an eye. However, you don’t have to be hit by a natural disaster for your company to lose its data, though it is certainly a possibility. 40% of all data loss is caused by hardware failure. Another 29% is lost simply from human error.[2] In 2021 alone, 37% of businesses lost data due to ransomware globally.[3] Don’t become a statistic.

So, what can you do? You need to follow the data backup rule!

The 3-2-1 data backup rule is…
3: Create one primary backup and two copies of your data.
2: Save your backups to two different types of media.
1. Keep at least one backup file offsite.

Pulse Technology conveniently offers backup and disaster recovery services for businesses of all sizes. We help you implement safeguards to keep your data secure and restore it in the event of a failure. Our services can help you avoid a data meltdown that can cost your business thousands in lost revenue. Schedule a Technology Assessment to see how we can help your business run smoothly.



Sources:
[1] 15+ Scary Data Loss Statistics to Keep in Mind IN 2022. 6 April 2022. https://webtribunal.net/blog/data-loss-statistics/#gref
[2] Pepperdine University Study
[3] International Data Corporation

Topics: Managed IT, Managed Service Provider, IT, Document Management, Documents, Data

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