That is why data backup capabilities need to address two key business concerns: safeguarding valuable data and being able to bounce back from a data loss event.īusinesses that do fall prey to a data breach can expect to suffer losses anywhere from the average of $3.92 million to as much as $100 million on the high end. Protecting this data is just as much a security obligation as it is a private obligation. Whether an organization is dealing with customer data, health records, or confidential business data, securing that information against loss or destruction is crucial to maintaining customer trust and day-to-day business operations.
Law firms, insurance companies, HIPAA compliant health care facilities, government agencies, law enforcement, and labor unions all have data security concerns. Why Data Backup Is Importantīusinesses are storing more sensitive and proprietary data than ever before. In addition to interrupting business operations, data loss can result in serious repercussions for businesses, ranging from financial penalties to loss of customer or partner trust. Data backup helps to protect businesses against data loss by providing redundancy to the primary storage location in case that location is compromised or fails. Data backup is the act of copying critical organizational data to a secondary storage location.
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