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5 Reasons your business needs a recovery plan

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In a society that thrives on data gathering, it is becoming increasingly necessary for companies to put a data backup and recovery plan in place. Losing crucial files and documents can be a significant setback for any company. According to studies conducted by IBM and Ponemon, the average cost for a data breach in the US is $7.35 million—which averages out to an estimated $225 for each record that has been breached. With today’s technological advancements in data systems, backup and recovery systems are more useful than ever before. Here we will show you five reasons why your business needs a recovery plan.

1. Rapid disaster recovery

Natural disasters can be devastating to businesses. The US saw a record-breaking increase in damage caused by disasters in 2017—costing an unprecedented $306 billion. This is a testament to the need for data protection is so vital to maintaining the data your company seeks to keep secure. You must take precautions to make sure your company is ready with a plan of action when disaster strikes. Database protection is essential to safeguard the integrity of your company’s data. Make sure your IT team is prepared for the worst that Mother Nature has in store.

2. Stay ahead of threats 

As the saying goes, “An ounce of prevention is worth a pound of cure.” This saying goes double for data recovery. In the year 2017, there were two billion records that were lost or stolen; these types of breaches can happen to any organization that has not put sufficient safeguards in effect. Current database protection technology is able to analyze potential threats and protect against system failures in many cases. Your team must expect the unexpected by using technology that will allow your company to stay ahead of potential risks.

3. Reduce downtime

One of the worst parts about a system crash is the downtime the company faces. It is essential to understand the correlation between downtime and profit loss. When downtime becomes an issue, some customers will stray and take their business elsewhere. The need to get back up and running promptly is critical after a database failure. A reliable data backup and recovery plan will assure that your office is back on track immediately. Save your company from excessive downtime by preparing you recovery plan before something goes wrong.

4. Avoid losing vital data

Some data that is lost in a system crash is not easily replaced. There is often sensitive client information that is difficult to replenish, critical financial records are wiped out, and other vital data is lost during system failures. The fact that cyber incidents doubled in 2017 from 2016 shows that the threat to your data is more real than ever. Hesitation and procrastination are the critical issues that keep businesses from safeguarding their databases from calamity. Understand the reality of the threat and secure your company’s vital information.

5. Boosts credibility                          

We live in an era where clients and customers are savvy and more educated than ever. Customers are looking for companies that are secure and trustworthy in this modern business landscape. People are also growing increasingly concerned about their personal data being vulnerable to attack, due to a company not taking the appropriate steps to rectify the weakness in their plan to protect consumer data. A company that is prone to technical malfunctions of any sort will undoubtedly cost a company a percentage of its market share over time. Make sure your company is using a data recovery system that automatically backs up files via the internet, for an extra level of protection.

Conclusion

The demand for advanced IT systems in office environments has become a necessity in today’s tech-conscious world. In this information age, data is the life-blood of a business. Accurately gathering and protecting this information is of the utmost importance. The risk of losing vital data and information that is difficult to recapture is an ever-present threat. Taking immediate action is urged because you are always just one crash away from a critical system failure.

So often, companies put off protecting their data until it’s too late. While it never genuinely seems like a convenient time to address your data security, when you have been devastated by a database catastrophe, it is far too late to address this issue.  Make sure that your company is prepared for the worst, and has a data recovery plan in place that will minimize downtime and your company’s data safe.

About Business Woman Media

Our women don’t want to settle for anything but the best. They understand that success is a journey involving personal growth, savvy optimism and the tenacity to be the best.We believe in pragmatism, having fun, hard-work and sharing inspiration. LinkedIn

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