Woah! "Backup" A Bit!

It’s something that is constantly being said, and you might be getting quite tired of hearing it, but backing up your data is of the utmost importance. With the recent cyber attack hitting 150 countries, it has hammered home the message of security in every type of business. It seems that nobody is exempt from some ransomware infiltrating their network. Making backups is possibly the most important step you can take to prevent a massive disaster in your business. Let’s look at why you need to keep this practice up…

Pixabay

The Cost Of Not Backing Up…

It’s essentially an insurance policy for your business, and you don’t need anyone to tell you about the importance of your computer systems. Your business would be lost without them. The cost of not backing up your data can impact in downtime, loss of productivity, and the cost of attempting to retrieve the lost files. Small breaches, which are defined as the loss of 100 files or less, can cost a business between $18,120 and $35,730! Not many businesses have that amount of spare money to throw at the problem, so you’d need to come up with a suitable backup plan. Managed service providers, like Digital Planet, are something you need to take advantage of, because of the hands-on management approach to protecting your data. The cost of backing up your data is a standard flat rate monthly fee, rather than a massive chunk of lost cash in staff downtime and loss.

Beware Of Ransomware

The current trend of ransomware has been a way for hackers to get money out of businesses, and the main culprit in these types of attacks is usually small businesses. Ransomware infects your network and demands a ransom in the form of Bitcoin or a cryptocurrency that you can only spend online. By backing up your data on a regular basis, you can easily restore the data back to its most recent incarnation if you were to ever become infected with ransomware.

Natural Disaster Could Strike

After a natural disaster, the cost of not backing up your data means that you will either have to start from scratch or gradually fold. The United States Small Business Administration has found that 90% of businesses end up failing two years after a disaster. If you are a small business and you're in an area that could be prone to certain disasters, it’s important to make daily backups of your data.

It’s Peace Of Mind!

Your data consists of customer records, payroll details, business plans, mailing lists, and countless other items of information. As well as the business costs of losing data, your public reputation could be undermined, and customers can easily lose faith in your ability as a reliable brand and click away from your website. If you don’t have a backup plan in place, or a managed service provider, it’s time to start allocating a suitable portion of your budget towards this. It’s a small price to pay for a lot of peace of mind.