March 31 is World Backup Day, which provides the perfect opportunity to take a serious look at the state of your systems.
Is your backup drive located next to your computer? Are you entrusting your critical business data to a free (or cheap) backup option that isn't built for the business world? Is your current backup solution shored up by disaster recovery, business continuity, and virtualization plans?
And before you think, “Data loss could never happen to me,” consider these statistics:
- A Harris Interactive poll found that 30% of computer users had NEVER backed up their data.
- FEMA and SBA studies show that 25% to 45% of businesses don’t reopen after a disaster
- According to a 2013 Aberdeen group report, Inc., 70% of companies that suffer from natural disasters go out of business within a year — and only 6% survive long-term.
- It’s not just about computers: a 2014 Lookout report found that 113 mobile phones are lost or stolen every minute.
- It’s not just about natural disasters, either: They actually only make up 5% of the events that knock small to medium-sized businesses out of commission. According to a 2013 report by Quorum, 55% of disaster-related downtime stems from hardware failure, 22% from human error and 18% from software failure.
The big takeaway from these numbers is that data loss isn’t a matter of if, but when. So rather than contemplating what will happen if your business is faced with a natural or man-made data disaster, shouldn’t you be preparing for what you’ll do when it happens?