It doesn’t take a natural disaster like an earthquake to cause data failure. Power failures, overheated computers, disgruntled employees, faulty hardware, undetected viruses, and fire are other possible threats to the health of your data and systems.
Whatever the cause, prolonged downtime can be the death of your business. In fact, the Small Business Technology Institute estimates that 70 percent of all small businesses that suffer a data failure will not recover and eventually will go out of business.
Besides the risks to your business, losing your data may easily cost you hundreds of thousands of dollars in fines, as stated in the FACTA (Fair and Accurate Credit Transaction Act of 2003). This ruling, intended to combat identify theft, requires that when any individual or company with “consumer information for a business purpose” disposes of such data, they must prevent unauthorized persons from misusing it.
Many new backup and data recovery products are on the market, ranging in price from $45 to well over $5,000. Finding the right one can be complicated. Even if you invest in a data protection product, knowing how often to perform backup tasks and assigning a safe location for those backup files can be tricky. Plus, do you know what to back up? Only your customer information? What about your applications or operating systems?
Regardless of the data protection tools you buy, you still have to find the time to use them correctly and regularly. Time, unfortunately, is the one thing you’re short on. Techchex can save you time with a regular, proactive data maintenance plan that will safeguard what has taken you years to build.