Are You Sure Your Data is Backed Up?
If you aren’t really sure that your backup and disaster recovery processes are sufficient and implementable in the event of a data breach, then the 2016 Cost of Data Breach Study by the Ponemon Institute should be enlightening. Often the reason for not taking steps to make sure that data backup and recovery procedures are sufficient and tested is just an attitude that “this won’t happen to us.” The reality is that it can happen to you and here’s how.
The Ponemon Institute’s Report asserts that most data breaches (48%) are the result of a malicious or criminal attack. Small and medium-sized businesses are rich targets for cybercriminals because cyberattacks have become easier to initiate and companies are lagging in their security sophistication. Certainty about your data backup process will help you to respond and recover from cybercrime incidents.
2. Insider Threats
Included in the 48% of data breaches caused by malicious attacks is the intentional encryption, deletion, theft or corruption of sensitive information by employees. Data vandalism can be a real threat, especially if access to information in your organization is not highly controlled and if a disgruntled employee knows what to do to cripple your business. Proper data backup may not prevent all attempts to cause damage but can ensure that your data can be recovered and restored, mitigating the damage.
3. Hardware Failure
If you are refreshing your hard drives, servers, desktops and other devices on a regular cycle you will certainly decrease your risk of experiencing a hardware failure, but unfortunately the unexplainable sometimes happens. When you are sure that your data is being backed up, you can be confident that your entire database can be replicated and accessible should something suddenly stop working.
4. File Corruption & Software Failure
Software will also occasionally fail. Files and data can become corrupted and deleted without warning. The Ponemon Report indicates that 27% of data breaches (incidents in which information is put at risk) are due to system glitches that can be either software or hardware related. Whatever the cause, sufficient backup and recovery processes can determine whether you are open or closed for business.
5. Human Error
According to the Ponemon report, 25% of data breaches are due to human error. The reality is that people make mistakes, like accidentally clicking a malicious link, dropping computers, misplacing a mobile device or deleting something we intended to save. When you are sure that your data is backed up, you ensure that these mistakes don’t turn into serious problems.
6. Natural Disasters and Extreme Weather
Though not included in the Ponemon report, it’s appropriate to mention how backup addresses the risks to your data due to natural causes. The report, Climate Change Preparedness and the Small Business Sector, asserts that when small businesses close due to the effects of a major storm, they lose an average of $3,000 per day. With the regularity of these events in certain locations and resulting power outages, small leaks and other less severe issues creating costly downtime, you really do want to be sure that you’re backing up your data.
How can you be sure that your data is backed up?
With our Data Backup and Recovery Checklist, you can be ready for the unexpected with a proven backup and disaster recovery process so that a data disaster won’t become a business disaster.
Want to protect your bottom line and your data? Watch our cybersecurity webinar on-demand to learn how you can better protect your business from falling victim to a cyber attack.