Disasters can strike at any time. Some of them are acts of nature, like a tornado or flood. Others are virtual, like someone accidentally erasing data or malware or ransomware causing havoc. These losses of data can mean the end of a formerly thriving company. For this reason, many companies turn to experts to monitor and back up their data.
Making copies of your files and storing them on your laptop is not a backup plan and storing backup information on a separate device in a separate room is only slightly better.
The best option is to utilize cloud storage and house your data in secure locations some distance away from your business and ideally in multiple locations. You’ll also want access to your data immediately if a disaster strikes.
Reasons to Back up Data
Your data is the lifeblood of your business. If you lose it, you lose customers and the ability to serve them. There are many threats that can wipe out or corrupt your data. These facts and figures are sobering:
- According to a report from the Federal Emergency Management Agency (FEMA), 40 percent of businesses do not reopen following a disaster and 25 percent fail within one year.
- Similar statistics from the United States Small Business Administration indicate that over 90 percent of businesses fail within two years after being struck by a disaster.
- Nearly 75 percent of small businesses say they don’t have a disaster recovery plan in place. For companies with fewer than 50 employees, just one in five have a plan, according to a new survey sponsored by Nationwide.
As for cyber-security, the 2018 Hiscox Small Business Cyber Risk Report found the following:
- Forty seven percent of small businesses suffered at least one cyber-attack in the past 12 months. Of those, 44 percent experienced as many as four attacks in the past year.
- Small businesses estimated their average cost for cyber incidents in the last 12 months to be $34,604. Large companies (more than 1,000 employees) reported the annual average cost of cyber-crime to be $1.05 million.
- Twenty three percent of small businesses have a leadership role dedicated to cyber security, but most (46%) have no defined role at all.
We can offer you protection against unforeseen disasters. Don’t let your business, which you have worked so hard to sustain, disappear because you neglected to take a few simple precautions.
We can back up your data in various target locations. We can manage your data movement and retention. We even give you backup reports and will assist with any data restoration upon request.
Contact us and see the full menu of what we have to offer you. When disaster strikes, you’ll be glad you did.