Nearly all companies doing business in 2017 are digitally active. Besides all of the conveniences and advantages modern technology has to offer us in the workplace, there are relatively few industries in which an organization can get by without utilizing digital data in some way, shape, or form. And while this digital transformation improves productivity and efficiency in the office, it’s not without its risks. More specifically, the risk of data loss.
Are you prepared for a disaster?
With all of your business data stored digitally on servers, it’s easy to be lulled into a false sense of security. This high-tech equipment can’t possibly fail in your mind, and you mistakenly believe a data disaster will never strike you, so you forego a disaster recovery plan. If your company is operating without a safety net, you’re not alone; the reality is most small businesses aren’t prepared for a worst-case scenario. According to a 2016 survey by Nationwide Mutual Insurance Company, 68 percent of U.S. small businesses don’t have a written disaster recovery plan in place. However, one in five (22 percent) have already been impacted by a natural disaster.
It’s not just natural disasters that business owners have to worry about robbing them of their all-important data and putting the future of their company in question. There are a number of different ways for you to lose your data, from fire to data theft to equipment failure to human error. In fact, human error is responsible for 22 percent of data outages, according to a study by Ponemon Institute. All it takes is an honest mistake by a careless employee to cause a catastrophe.
At what cost?
We know that most small businesses aren’t prepared for a disaster, yet they happen all too often, and there are a number of causes, even seemingly benign ones. So what if you were to fall victim to data loss; what would it cost your business? A lot. A Verizon study reports that small data breaches—those involving fewer than 100 lost files—cost an organization between $18,120 and $35,730. And that’s fewer than 100 files.
Your small business can’t afford to suffer a data disaster. Are you risking one by foregoing a disaster recovery plan? Braden Business Systems has IT solutions to keep Indiana-based companies up and running in the event of a worst-case scenario. Contact us today for peace of mind and protection against data loss.