Why is Data Recovery Important for your Business?

/ December 16, 2020 | 4 Mins Read

Why is Data Recovery Important for your Business?

Backuping your business data is the most important strategy to follow for every business. Do you know why? We gather all those question answers in this detailed guide. If you don't know how to do this, read the full article and save your day.

Many companies face significant data loss and disappear from the market within two years, according to a report by the London chamber of commerce. Data recovery is a way to recover data from your computer's hard drive. 

In this world, data can be lost in many ways, such as system failure or mechanical malfunction, hard drive faults, human error, virus, data thrift, accidentally overwritten or deleted from a computer, etc. That's why it is important for your business. When you actually lose your data, then you know the value of it. There are different types of data recovery methods. The method used to recover this data depends on the type of damage your company has. 

1. Why does your business need a data recovery plan?

Today, the IT system of companies faces various constant risks and threats. Therefore, customer and employee data must be protected. Such information can be lost either through natural data, cyber-attacks, or human error. 

Since these incidents can occur at any time, putting business continuity at risk, it is necessary to have a data Recovery plan but if you don't have a data recovery plan and lost data, you can take a hard drive data recovery service as well. . In this post we will try to explain why it is important for any business. 

Not only viruses and emails of dubious origin are to blame for these accidents many times, but data losses can also come from something as simple as a human deletion on a bad day. That is why it is important to have a storage system that guarantees backup copies hosted where even we cannot reach.

2. What are the main reasons for data losses?

Usually, we do not worry too much about the risk that data loss can be a big loss in our company. It is not strange considering that the day to day usually keeps us too busy to plan for possible disasters that may never occur. However, a loss of data is not a remote possibility considering that we work in an increasingly computerized and virtual environment.

When all information is increasingly being compressed and stored by computer, we know the loss of information. We face the blocking of our activity and the loss of clients, and non-compliance with data protection regulations. Some of the common reason for data losses are

a. Human error

It ends up being the most common of all, either due to accidental deletion of our own files, when updating a document in which we have deleted information or by not saving some work by sometime. We can also suffer multiple accidents that end with losing our company data, such as accidentally spilling some liquid on our terminals or suffering some explosion or fire.

b. Electrical faults

Oftentimes, having a power outage in our company can mean a significant loss of data, either because the specific document is lost or because the equipment suffers permanent damage. It is a problem that any individual can suffer after a blackout after working hours. It can become a significant problem for a company. If the data that is lost is relevant for its development or if it is sensitive data.

c. Hard drive failures

It is usually one of the most familiar problems. As we know, hard drives are one of the most sensitive parts of a computer and it can damage any time. If we rely only just on them to store all our data, a simple failure will destroy them forever.

d. Virus

Every day it is more common for us to hear about cyberattacks, cybercrime, etc. we all know what viruses can do. It can steal our data, manipulate our data, etc.

3. What Does A Data Recovery Plan Consist Of?

Computer security incidents are events that put the data and business continuity of any company at risk. Therefore, it is necessary to have a data recovery plan.

This strategic plan consists of the detailed process of the actions necessary to recover data, hardware and critical software of a company. This response protocol allows the business to resume operations as soon as possible.

A data recovery plan must respond to three types of incidents that compromise a company's operations: cyberattacks, human error, or accidentally deleted files.

4. Why Is The Data Recovery Strategy Important?

Having a data recovery strategy should be seen as an investment. Data and IT infrastructure are critical assets for any organization. Therefore, companies must have a protocol that allows them to be well prepared to face and provide a quick solution to interruption in business operations. 

If a company suffers a computer incident and its access to data is compromised, this can impact. For example, in the case of an online store, computer incidents are clearer. On the one hand, customers will not be able to place orders and, on the other, company employees will not be able to carry out daily tasks. Downtime and data loss impact not only revenue but a brand reputation as well. Both customers and employees expect that a company, small or large, has adequate cybersecurity measures.

5. Benefits Of A Data Recovery Plan

The disaster recovery plan can be drawn up and implemented by the company's IT team. However, there are companies and technology consultancies that can provide data recovery services. 

Outsourcing this service allows small and medium-sized companies to reduce the investment cost involved in having an IT team in structure.

  • Maintain the continuity of business ICT-related services.
  • Protect the business from general failures in computer services.
  • Minimize the risks generated by the lack of services.
  • Guarantee access to business information.
  • Maintain the availability of computing resources.
  • Give continuous attention to customers, suppliers, shareholders, collaborators.
  • Have successful resilience.

6. What Includes In Data Recovery Plan?

According to the Cybersecurity Institute, a well-designed data recovery plan should include the following points:

  1. Be aligned with the business continuity plan.
  2. Conduct a risk assessment.
  3. Carry out a business impact analysis.
  4. Develop recovery measures for services and applications.
  5. Conduct tests and drills.
  6. Update and improve the plan.
  7. Train those in charge of implementing the plan.

Conclusion

Data loss can be a big threat to a company. The time they are facing such devastation would be the worst time for their business. A business has sensitive data about the customers, clients, and other valuable data. If this happens, the relationship will break and your business can be down within a short time. 

That's why you need to take the highest security for your business. If you made a pre-plan for recovering your data, you might save yourself from this incident. And in the future, you can easily minimize the chance of losing your valuable business data. We hope we will act a part to save you writing this guide.

Sam Makad is a business consultant. He helps small & medium enterprises to grow their businesses and overall ROI. You can follow Sam on Twitter, Facebook, and Linkedin.

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