The lost of data in a company can be caused by several reasons. Usually the main reason is a hardware failure. Sooner or later every hard drive experiences malfunction. Every 15 seconds one hard drive experiences catastrophic malfunction.
Other reasons for the lost of data can be users negligence in a form of loss of a laptop, external hard drive, USB stick. Also, data loss can be caused by software failures, viruses and natural catastrophes. We see increase of data loss caused by cyber attacks.
Expenses that occur after data loss:
- Compensation and reconstruction of data
- Equipment replacement
- Incident investigation
- Regaining customer’s confidence