Data loss is a very serious problem that affects many small businesses. Too many businesses are entirely fixated on cybersecurity risks. Although digital security is obviously a top priority, preparing for other types of data loss needs to be done.
The financial cost of data loss can be very high. Many experts estimate that the average business incurs around $12,000 in losses from a single data loss incident. This is separate from other costs involved in a cybersecurity breach, if that is the main cause of the problem.
The good news is that modern data backup software can help restore lost data. You need to be aware of the benefits and invest in it as necessary.
Could data backup software save your small business?
Small businesses need to understand the benefits of data backup services. Here are some things that they need to keep in mind.
You need to consider the availability of different types of data backup options
There are a number of ways that you can backup data to protect your business. One option is to simply store data on Google Drive. The benefit of this option is that it is available to anybody with a Google account. Unfortunately, it is far from ideal for businesses that need to preserve an extensive range of data. They must also manually upload files, which would be a huge hassle for a company that produces dozens or hundreds of documents on a daily basis. It is only a reliable option for individual users that want to protect individual files that are particularly important to them. You are also restricted to uploading a small range of supported file types.
There are other free data backup options that might be a little more reliable, such as Dropbox. However, these options are also limited. The biggest drawback is that you need to manually upload all documents.
It makes a lot more sense to invest in a more versatile data backup tool. You can use tools such as R-Drive Image.
Data backup services can be infinitely more valuable than data recovery tools
Data recovery tools can be lifesavers for small businesses, as long as they work when they are needed. The problem is that sometimes data is corrupted to the point that it cannot be restored at all. This is sometimes the case when it has been overwritten multiple times or the disc itself has been damaged.
Data backup services are able to prevent data loss in the first place. They create new instances of data and make sure that it is stored on different discs or even cloud servers. This helps make sure that the data is still accessible if something happens to the local copy.
Data backup solutions are vital to companies with extensive digital data
Some organizations are much more dependent on data than others. Internet-based businesses are an obvious example. E-commerce companies need to keep extensive data on their customers to ensure they provide excellent customer service and are able to maximize the performance of their marketing campaigns.
Of course, there are many other types of organizations that depend on data as well. Legal services companies and healthcare providers are two classic examples. Their ability to serve their customers would be significantly impeded after a major data loss. These companies need to make investing in data backup solutions a top priority.
