Causes of data loss-the most common causes of data loss are hardware/system failure (31%), human error (29%) and viruses, and malware of ransomware (29%).Survival rate-another Gartner study found only 6% of companies affected by a disaster that did not have disaster recovery in place survived and continued to operate more than two years after the disaster.Cost of downtime-according to Gartner, the average cost of downtime to a business is $5,600 per minute.
To understand the potential impact of disasters on businesses, and the importance of having a data backup strategy as part of a complete disaster recovery plan, consider the following statistics: The Importance of a Disaster Recovery Plan: Alarming Statistics For large data volumes and/or backups stored off-premises, copying data and restoring systems can take time, and robust technical solutions are needed to ensure a low RTO.
Data is the lifeblood of modern organizations, and losing data can cause massive damage and disrupt business operations. Backup Storage Technology What Is a Data Backup?ĭata backup is the practice of copying data from a primary to a secondary location, to protect it in case of a disaster, accident or malicious action.The Importance of a Disaster Recovery Plan: Alarming Statistics.Today, there are plenty of corporate storage TCO solutions to help you calculate costs, avoid data loss, and prevent data breaches. You can set up a flexible data backup operation, using your own architecture, or make use of available Backup as a Service (BaaS) solutions, mixing them up with local storage. Your data is copied to one or more locations, at pre-determined frequencies, and at different capacities. Can you recover from data loss?ĭata backup is a practice that combines techniques and solutions for efficient and cost-effective backup. Disgruntled employees or other insider threats can delete your valuable digital assets. Injected malware can corrupt your hard-earned information. You can get hacked or ransomed, and lose your data to thieves who’ll sell your trade secrets to the highest bidder. In an increasingly digitized business landscape, data backup is vital for the survival of an organization.