Industry Insights

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Data Backup: Perhaps the Most Important Investment You’ll Make

by | Monday, September 18th, 2023

Your business relies on data to function, and losing this information could be a death sentence for your business without a data backup in place. Today, we want to explore why data backup is such an effective and important part of a business continuity plan, as well as how you can ensure that you are implementing the most important practices in regard to data backup.

Protecting Against Data Loss

It doesn’t matter when and how your data loss occurs, whether it’s sudden and out-of-the-blue like a hardware failure, a deletion from user error (or worse—cyberattacks), or a threat that is quite literally looming on the horizon in the form of natural disasters. Failing to have a data backup in place puts your business at considerable risk, but having it gives your company a lifeline in such an event.

Business Continuity

Let’s say that your business’ servers crash, or maybe a cyberattack locks down your data, making it impossible to access. Your operations would come to a halt, putting your organization in jeopardy. With a comprehensive data backup plan, you’ll be able to recover from such an event while minimizing downtime and financial losses.

Regulations and Compliance

Depending on your industry, you might have regulations that require you to track data retention and protection. Some examples are the General Data Protection Regulation (GDPR) in Europe or the Health Insurance Portability and Accountability Act (HIPAA) in the healthcare sector. If you don’t comply with these regulations, you could suffer legal issues that could damage your budget and your reputation. Data backup means you preserve your company’s records and remain in compliance with these laws.

Protection from Ransomware

With ransomware attacks growing more dangerous and more prevalent in recent years, you have to do all you can to prevent it from striking your business. In the event you do fall prey to an attack, your data will not be available until you pay a ransom… at least, that’s how it would go if you didn’t have a data backup plan in place. You can simply do a system restore to thwart any would-be extortionists, running your data back to a point before the ransomware attack struck.

Customer Relations

If your business suffers a data loss incident, you’ll be in damage control mode in more ways than one. You’ll have to deal with concerned and possibly frustrated customers and clients, and do a lot of PR work to get yourself back to the status quo. A good data backup plan can help you recover this data and keep your business’ customers satisfied with the way you handle their data.

Scale and Grow Your Business

Your business is only going to get more data over time, making your job of backing it all up more difficult. Your data backup solution should be able to scale accordingly, doing so without disrupting your company’s operations in the process.

Rest Easy At Night

Finally, it helps you sleep at night knowing that you are doing all that you can to protect your business with a data backup and recovery plan in place.

Compudata can help your business implement the ideal data backup and disaster recovery system to suit your business’ needs. To learn more, reach out to us at 1-855-405-8889.

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