Is Your Business Data At Risk?

By Dan Ballard, in , posted: 13-Jul-2009 14:22

“How important is your data?”  This is one of the key questions that I ask business owners when I meet with them to discuss their IT.  If I get a wishy washy answer I then ask “If that computer’s hard drive failed or if you had a fire and lost all the data on that PC, how would it affect your business?”.  Generally this gets the answers that I am after, as the look of horror starts to spread across the business owners or IT managers face.  Answers start to come forward like “I would lose my job” or “I could go out of business” or “that would cost me thousands to get that data back”.

Studies have shown that 70% of business that suffer a critical data loss go out of business within 12 months. Contingency Planning, Strategic Research Corp and DTI/Price Waterhouse Coopers (2004)

These days business is becoming close to, if not 100% computerised, almost all parts of the business are done on a computer now!  Accounts, contacts with customers, advertising, systems and processors, reports and the creation of computer documents.  If your business data gets destroyed there is a high chance it could cost you thousands of dollars to get it back or it could potentially put you out of business.

With the advent of affordable, online automated backup there really is no reason why you can’t protect all your business data today.
Dan Ballard

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Dan Ballard
New Zealand

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