- Most businesses that experience a major data loss go out of business within 2 years, with 43% never reopening. Common causes of data loss include natural disasters, hardware failures, and human error.
- Regular backups and disaster recovery plans are essential to prevent catastrophic data loss. Solutions include real-time network monitoring and backup, off-site storage of backups, and virtualization for quick restoration in an emergency.
- The costs of a system failure or data loss far exceed the costs of implementing backup and disaster recovery solutions to prevent downtime and data loss.