In a digital-first environment, no business is immune to the risk of losing data and applications. Businesses need to be proactive in taking steps to prevent data loss because no one can predict when the data loss can occur, but there is always a chance of it occurring.
Service downtime, privacy concerns and other issues resulting from data loss can wreak havoc on a business and its reputation. If a business cannot bounce back quickly, customers will no longer trust the business with their data and will leave for a competitor.
Here are the five most important reasons why all businesses need a comprehensive data backup strategy:
1. Protection From Natural Disasters
Natural disasters can occur at any place and at any time. Even with the best hardware, a natural disaster such as an earthquake or hurricane can still strike at any time, causing a system outage.
Other occurrences such as flooding caused by burst water pipes, electrical fires or theft of equipment can also cause a data disaster.
While businesses purchase insurance as a protection against financial loss, insurance cannot replace valuable data and web applications required for a business to operate online. To protect these items, it is important to plan ahead and create a backup plan to restore your data if it is lost.
2. Recovery From Ransomware
According to a report by Crowstrike released in November 2020, 67% of Australian organisations fell victim to a ransomware attack within the last 12 months. The figure is 10% above the global ransomware average of 57%.
The impact of a ransomware attack can be crippling and businesses need to back up data to prevent a cascading effect in case a few encrypted files destroy months or years of productivity.
Some small businesses may not have the resources or may not have taken adequate steps to protect themselves against a ransomware attack. In such instances, backing up data in your business enables you to get systems up and running quickly.
3. Hardware Failure
Power surges are often the cause for hardware failure which can compromise data. While protecting hardware with surge protectors, cooling systems and other measures is essential, what is also important is to back up data.
A cloud-based or offsite data storage solution provides additional protection as it is unlikely that both locations could suffer from a power surge at the same time.
Backing up data this way will help in quickly restoring systems in case a data loss occurs.
4. Endpoint Protection
Storage of data is considerably less centralised in businesses as more work is performed outside offices using laptops and mobile devices.
If these devices are lost, stolen or hacked, all the data which they contain can be compromised.
This is another reason why it is essential to have a comprehensive data backup strategy. Having a system that allows uploading data held on a laptop or mobile device to a central repository reduces the risk of losing essential data if the device is lost or stolen.
It allows team members to stay productive as they can recover the data and perform their tasks on a different computing device.
5. Human Errors
Even the best and most careful people are prone to causing an error. Accidentally deleting important documents, forgetting to save a document when working on it or flipping a wrong switch can lead to significant data disruptions.
For instance, an important folder that has been deleted by accident can go unnoticed as missing until weeks or months after being deleted, at which time it may be too late to salvage.
While regular training can help in reducing errors, the only way to keep data truly safe from being lost due to a human error is to regularly back-up data.
6. Preventing Total Data Loss With a Data Back-Up Strategy
A foolproof data backup strategy is necessary for a business to counter the threat of data loss. While natural disasters, human error or some of the other reasons mentioned cannot be predicted or entirely eliminated, a backup strategy comprising a secure, offsite backup location can help in protecting businesses against data disasters of all kinds.
If you can assure customers that you have a comprehensive data backup and recovery plan, it helps your business gain an advantage over other businesses that don’t.
Setting up a comprehensive backup system is best left to experts. At Levit8 we provide reliable and cost-effective data backup solutions. If you would like help in setting up a secure backup solution that is best suited to your company, call us on 1800 538 488 or Click Here to contact us.