Modern businesses' most valuable asset isn't often their product stock, physical assets, or even their business property—it's the data they control. The vast majority of business transactions today occur in a digital format, meaning companies hold a lot of digital data about their customers and their business methods. This data can be stored on an on-site hard drive but should be backed up to a remote location. Otherwise, that data can often be lost. How does a business typically lose its digital data? Keep reading to find out.
Human Error
Mistakes happen to everyone. If you've ever closed a document you were working on without saving it by mistake, you know how devastating that digital loss can be. Imagine how much more severe the circumstances would be if that data was a valuable business contract or bid that needed to be submitted in a few hours. Employees make mistakes; they can accidentally delete files at the press of a button, make edits to a document that deletes valuable information inside of it, or even damage equipment that's storing data. Whatever the cause of the disaster, those little mistakes can result in major economic fallout for the business.
Equipment Failure
Every now and then, technology fails. A computer may break down and refuse to start up again. A local hard drive might overheat and fry interior components, rendering it absolutely useless. These failures may happen as the result of misuse or some error by users or due to natural disasters that damage the equipment, but they can also happen all on their own, without warning. If you had valuable data stored on that hard drive or computer, it might be lost to you forever and can be far more difficult to replace than the equipment itself.
Cyberattacks
Of course, not all data loss is accidental. Sometimes, your business will be deliberately targeted, and your data may be stolen or corrupted by hackers looking to make a quick buck. One popular scheme is to encrypt all of your company's data and hold it ransom for a large payout, with the threat to delete it all if the business does not cooperate. If you don't have the funds to meet those demands, you could lose all your data—and even if you do have the funds, you'll be out a significant chunk of funds, just trying to hold onto what's yours.
Preventing Data Loss
The most effective way to prevent data loss is to back up your data to a remote location. By utilizing managed backup services in Orlando, you'll be able to restore any data accidentally lost or stolen by hackers so that your business doesn't suffer for it.
Reliable Technology Services offers fully managed backup services for small businesses to ensure your critical data is always protected.
Keep your data protected with cloud managed backup – a complete process done by professionals at Brocent – Your Asia IT Team.
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