Data loss situations are among the worst things that can happen to your Apple Valley business. While data loss is often associated with deletion, corruption or other events that make digital records irretrievable, loss of information also encompasses leaks and data breaches since the integrity of records is compromised.
Here are some hard business facts about data loss that all Apple Valley company owners should know:
- The Boston Computing Network estimates that 60 percent of companies that suffer a major data loss situation are forced to stop operating within six months.
- IBM estimates that 70 percent of catastrophic data losses are caused by hardware failure, cyber vandalism, operating system error, fire, flooding, or natural disasters. All other data loss incidents are related to leaks, hacktivism or cybercrime.
- Permanent and irretrievable data loss happens to 31 percent of computer users.
- The economic impact of data losses is calculated in billions of dollars each year, and a significant aspect of this impact is related to affected customers who vow to never do business with the companies that mishandled their data.
With all the above in mind, data loss prevention should always be a priority for Apple Valley business owners, and the following aspects should be taken into consideration:
- Network security: It is easier to lose data when the network is not protected. At a minimum, there should be a firewall solution plus antivirus software installed on all clients.
- Data backup: The backup strategy depends on the company priorities. If all files are considered to be critical, one of the best strategies is to choose a “bare metal” backup for the server and clients.
- Data protection compliance: Clinics and companies that work with medical providers may be subject to HIPAA data storage rules while e-commerce providers must adhere to PCI standards. Business owners who have European customers or associates must now comply with GDPR, which may extend to their data backups.
- Recovery strategies: This will depend on how quickly your Apple Valley business needs to recover after a data loss situation. To this effect, a virtual boot is highly recommended if you need to get back up and running as soon as possible since you will be able to access your data on a virtual machine.
To learn more about data loss prevention for your Apple Valley business, be sure to contact our office and ask about our SonicSafe BDR Server option.