They can even damage entire network processes if they have sufficient access to your system
- 93 percent of companies that lost their data center for 10 or more days from a disaster filed for bankruptcy within one year
- 50 percent of companies that lost data management due to a disaster filed for bankruptcy immediately
- 30 percent of businesses that experience a severe fire go out of business within a year
- 70 percent of businesses that experience a severe fire go out of business within five years
Because natural disasters can destroy a company’s technology entirely, it is often not possible to recover data lost due to a disaster. This is why it is so crucial to back up data in a remote location that cannot be compromised by a local disaster.
Improper shutdowns can corrupt your data or delete your progress, wasting time and losing valuable data. When software is corrupted it may not be able to run again, meaning you cannot access data stored in that software.
While software corruption can sometimes be the result of power outages or other uncontrollable factors, it is important to implement procedures for properly shutting down software after each and every use. Be careful when powering down your computer and shut off any programs first. Use diagnostic programs carefully to ensure they don’t interrupt software processes. When your employees consistently save documents during editing and follow safe shut down procedures, they reduce the risk of business data loss from software corruption.
Accidental formatting of your hard drive can cause you to lose data instantly. Employees can format a hard drive by accident if they misunderstand system prompts or error messages. Reformatting can also occur during system updates and result in data loss. While accidentally reformatting a hard drive can lead to panic when files and documents can no longer be accessed, you can often recover lost data from hard drive formatting by running a data recovery software.
In recent years, hacking and data breaches have become a much more common problem, making good cybersecurity measures essential.Unauthorized guests in your network can cause serious damage to your NV installment loans data, deleting and stealing any data they wish. Minimize the potential for such losses by using firewalls in your system to keep out hackers.
Hackers can gain access to your data in a variety of ways. Here are some things you should avoid so that your system is not vulnerable to hackers:
They can even damage entire network processes if they have sufficient access to your system
- Using servers with poor security
- Not having adequate firewalls
- Using passwords that are easy to guess
The unfortunate truth is that data is sometimes stolen or compromised by employees themselves or other insiders. Consider implementing different levels of permission for employeesto prevent insiders from accessing high-level data. Also, try to keep an eye open for signs of malicious activity.
In many instances, data stolen by hackers or insiders cannot be recovered. It is essential that you take action to prevent cyber attacks and back up your data frequently.
How to Prevent Data Loss
The most effective way to prevent business data loss is to back up all of your files and documents. Backing up data means that you have at least one additional copy of all important data. For the most effective backup plan, store your backups in a physically separate location to prevent the risk of data loss from physical destruction or theft.
Cloud storage is also an effective means of backing up data as it stores data remotely and is easily accessed from any device through the Internet. Cloud storage often has more space than a traditional server and does not pose risks of crashing. According to Small Business Trends, 78 percent of small businesses are projected to use cloud storage to back up their data by 2020. While cloud storage eliminates the possibility of theft or physical damage, data can still be lost in the cloud if it is accidentally deleted, overwritten or stolen by hackers.
