Did you know that businesses who don’t display good data storage practices lose an estimated $400 million worth of data every year in the US?
A recent study has revealed that companies who hold between 2 & 7 TB of data have suffered data loss in the last year and over half of those have lost it more than once. In financial terms, this equates to businesses losing on average between 2 & 5% of the annual revenue. Whilst the economy stays tempestuous losses like these can kill a company.
There is an easy solution though, good data storage methods can prevent this from happening. There are a variety of forms out there, although cloud storage is leading the way with its sophisticated encryption and multiple copy features.
Cloud storage supersedes outdated data storage methods like internal servers and external hard drives as a means of loss prevention. Cloud storage systems protect your data in a number of ways:
1. It stores your data on remote servers in undisclosed locations around the globe. This type of data storage protects your files from falling foul if your base were to suffer a natural disaster or accident such as a pipe burst or a fire.
2. Multiple copies are stored. Making more than one copy of your backed up file reduces the chance of data loss to 99.99%. That equates to one file in every 10 million.
3. Financial grade encryption is used to protect your data from viruses, hackers and unwanted readers. Cloud storage encrypts your files on upload, during storage and needs a specific key in order to be unscrambled on download.
Those 3 factors alone are enough to protect your data from loss or damage and the market is inundated with data storage providers who provide these services. There is no excuse for bad data storage practices when finding and using an effective data storage service is so easy.