In 2016 and beyond, your ability to drive profits is directly tied to the health, availability and resilience of your business data. Should that data get lost, leaked or corrupted, so will your business operations, reputation, and the trust of your customers, as we’ve witnessed in countless high-profile data disasters.
Part of the challenge, as any data security expert will tell you, is that no security measure is 100% bullet-proof. That reality makes data resilience — your ability to recover it quickly after a disaster — just as important as prevention measures.
eForensics recently reported 86% of businesses experienced system downtime in the last 12 months, and new research by the Ponemon Institute shows there’s a 26% chance your company will suffer a data breach in the next 24 months.
The Acronis Disaster Recovery Index reports the average cost of downtime to a business is $366,363 per year, and the Ponemon study averages a $4M price tag per data breach incident. Reasonably, the actual financial damage will vary from one business to another, but we can expect it to be crippling to your ability to attract, serve and retain customers — hence the urgency of a reliable disaster recovery strategy.
What’s clear is that disaster recovery is changing with the changing needs of businesses and it’s important for organizations to stay on top of the latest trends. Check out this infographic to learn more about the current state of disaster recovery: