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Data loss

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
Data loss

Dell EMC study

Dell EMC study

According to study by Dell EMC:

  • Total expenses related to data loss and downtime exceed staggering 1.7 billion USD
  • Number of incident is decreasing, but the amount of data lost is growing exponentially
  • 51 % of the companies dont have a disaster recovery plan
  • Companies in China, Hong Kong, Netherlands, Singapore and US are leading in terms of backup and disaster recovery
  • Companies in Switzerland, UAE and Turkey care less about backup and disaster recovery

International Data Corporation study

International Data Corporation study

According to study by IDC that covers SMB sector:

  • 40% of companies dont do backup or 40%-50% of data is not covered by backup
  • 60% of companies data is held on employes computers and are not covered by backup procedures

British Chambers of Commerce study

British Chambers of Commerce study

According to study by British Chanbers of Commerce that covered companies who suffered the loss of data longer than 10 days:

  • 50% goes out of business momentarily
  • 93% goes out of business within 1 years from the incident

The Diffusion Group study

The Diffusion Group study

According to study by The Diffusion Group that covered small companies who suffered the loss of data:

  • 60% goes out of business within 6 months from the incident
  • 72% goes out of business within 2 years from the incident