Data Backup and Disaster Recovery misinformation is the topic of our second post from our Business Advisory Guide entitled “12 Little-Known Facts Every Business Owner Must Know About Data Backup, Security And Disaster Recovery.” Written in plain English, this easy to read 15 page guide explains what you must know about Data Backup Disaster Recovery, should you experience a data erasing disaster at your business.
In our first post we stated:
Most business owners are grossly misinformed about Data Backup and (more importantly) Disaster Recovery.
After working with over 2,500 small and mid-size businesses in the Portland Oregon Metro area, we found that 75% of business owners we talk to initially do NOT have a reliable backup of their data and do NOT know how or what they would do in the event of a data-erasing disaster. They simply “hope” their backup is/was working and that it will save their bacon when disaster strikes. This “hope” approach is incredible when you consider how dependent businesses are on information – be it client databases, QuickBooks or other accounting records, e-mails, pictures, inventory, blueprints, and other work products – almost ALL processes in a business rely on the availability of digital information.
The cost of losing that information (or being without it for an extended period of time) is hard to accurately quantify since it affects so many aspects of a business. But we do know this: 93% of companies that lost their data for 10 days or more filed for bankruptcy within one year of the disaster, and 50% filed for bankruptcy immediately (Source: National Archives & Records Administration in Washington).
Here are some other statistics about losing data:
Did You Know That . . .
- Tape drives fail at an average rate of 100%. That means ALL tape drives fail at some point and do NOT offer complete protection for your data if a natural disaster, water damage or fire destroys your office and everything in it.
- 20% of small to medium businesses will suffer a major disaster causing loss of critical data every 5 years. (Source: Richmond House Group)
- 40% of small to medium businesses that manage their own network and use the Internet for more than e-mail will have their network accessed by a hacker, and more than half won’t even know they were attacked. (Source: Gartner Group)
- About 70% of business people have experienced (or will experience) data loss due to accidental deletion, disk or system failure, viruses, fire or some other disaster. (Source: Carbonite)
- The first reaction of employees who lose data is to try to recover it themselves by using recovery software or restarting or unplugging their computer — steps that can make later data recovery impossible. (Source: Survey by Minneapolis-based Ontrack Data Recovery)
In our next post we’ll talk about: Business owners who say, “But I already backup my data.”
If you want to skip this blog and read the entire 15 page guide, you can download your Free Business Advisory Guide Here.
Don’t worry about some sales guy calling you from our office because you downloaded information off of our website. No one from our office will call you; I promise. We don’t like sales calls any more than you do! We understand if you’re not ready to do that, and if that’s the case, then just read these posts when they come out. We post on a regular schedule.
This guide will explain in plain every day English what you need to know about data backup, security and disaster recovery.
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