The Importance of Disk-Based Backup
Learn about the importance of disk-based backup and how you can protect your business’ information.
Chances are, a majority of your small business’ vital information is maintained in an electronic format; stored, delivered, and managed entirely by information technologies. Because so much of this data is mission critical to a business’ success, can you afford not to have a backup solution in place?
Considering today’s volatile Internet security threat landscape, you can never be too careful when it comes to protecting your business data. Without a backup of that data, you could lose valuable time and profit, if not your entire business. Many times, it is difficult for small businesses to recover from data loss. In fact, a statistic revealed by the US Bureau of Labor Statistics indicates that 93% of all companies that experience "significant data loss" are out of business within five years.
According to Michael Parker, Group Product Marketing Manager, Symantec, "data protection is a business need," and there are four important reasons for small businesses to implement a backup solution. These are:
Protection of intellectual property: from accidental or deliberate destruction
New regulatory developments, such as Section 409 of the Sarbanes-Oxley Act, require businesses to disclose certain changes to financial information to the public in a timely manner. In addition, laws to deal with identity theft have been increasing. Based on information from the Federal Trade Commission (FTC), ID theft cost American businesses approximately $48 billion in 2005.
In response to the growing criminal problem of identity theft, new legislation has been created. The Data Accountability and Trust Act approved by the House Subcommittee on Energy and Commerce requires “any entity that experiences a breach of security to notify all those in the United States whose information was acquired by an unauthorized person as a result of the breach.” In order to deal with these changes as well as to protect the business itself, you will need to implement an effective backup solution.
Backup and Pain Points
Benefits of Disk-based Backup