There are any number of technology events that can put a business in danger from data breaches to hard drive crashes with lost data. Our dependence on technology means that if tech goes wrong, business often comes to a standstill.
Damages can be the loss of a few hours of operations to losing your business completely.
60 percent of small businesses that get hacked end up closing their doors within 6 months because they never recover from the losses.
The Connecticut businesses that are able to recover quickly from a disaster, data breach or other catastrophic event are those with a good disaster recovery plan.
A disaster recovery plan includes putting a safety net in place that acts as a business insurance policy. This includes data backup and recovery systems and the ability to recover your data to any device or cloud system so it can be accessed from anywhere.
Without a solid disaster recovery plan, companies can end up getting hit with unplanned outages that can damage their reputation and revenue for quite a long time.
Why It Is Important to Put a Disaster Recovery Plan in Place
Disaster recovery goes hand-in-hand with a business continuity plan. Many work-stopping events result in data loss. Most businesses can’t operate or properly serve customers without their data.
The ability to quickly recover data and get back up and running can often mean the difference between keeping your business resilient and facing a closure after a major event.
Here are reasons why having a good backup and disaster recovery system in place is so important:
Customers Can Leave After Just One Bad Experience
The longer your business is down and customers can’t reach you due to something like a ransomware attack, the more risk you run of losing their business.
33% of customers say they will switch from a company they use to a competitor after just one bad experience.
Getting operations back up and running as fast as possible after a downtime incident is vital to retaining current customers and closing new ones.
Cyber Crime is On the Rise
There are a number of different cyber incidents that can cause data loss and downtime. These include things like:
- Phishing attacks
- Data breach of customer information
- Brute force attacks
- Worms and trojans
Over the last few months, the FBI has seen a 400% increase in reported cyberattack incidents due to the pandemic. If your company is not ready to restore your data after an incident, you could be facing days of downtime.
Weather Events Are Becoming More Unpredictable
The weather events we may have expected in the past are changing and causing communities to be hit with “100-year floods” and other unexpected natural disasters.
If you are not prepared for potential damage to your on-premises equipment and don’t have a cloud backup plan in place, you could be looking at complete loss of data due to an unexpected weather event without any way to restore it.
Cloud Account Takeovers Have Become a Main Hacker Target
If you think your data is completely safe in the cloud, you’re wrong. Data loss from the cloud occurs from many areas including hackers deleting files. One of the biggest issues is when a hacker takes over a cloud account through stolen login credentials. They can steal what they need and delete everything.
Credential theft has been on the rise and now cloud account takeover has become a major target of hackers. A recent data breach investigations report showed that:
- User login credentials has become the #1 data target in phishing emails.
- Password dumpers (designed to steal username/passwords) is now the #1 type of malware used in data breaches.
Human Errors Are Difficult to Predict
A major cause of data loss and downtime is human error. Users can accidentally overwrite files stored in the cloud or misconfigure security settings allowing hackers to breach an account.
Trying to migrate data on their own is also another way that human error can result in loss of business files and they are not always recoverable unless you are properly backing up all your endpoints and cloud data.
Equipment Crashes or Loss Can Come Out of the Blue
Employees are increasingly mobile these days which means your company data could be on a laptop or tablet that is damaged or lost. Hard drives can also crash out of the blue which will leave you without your critical data.
Backups always move to the top of the critical systems list after an incident has happened but that may be too late to recover it from a damaged device.
Protect Yourself with a Solid Backup & Disaster Recovery Plan
Sound Computers can help your company ensure that it is ready for anything with a backup and disaster recovery plan that keeps your company resilient.
Contact us today to schedule a free consultation. Call 860-577-8060 or reach us online.