Have you ever considered forgoing the process of backing up your data? You might be one of those who think you can save money if you do it yourself and use regular data storage solutions. Unfortunately, these might not be enough for your backup needs, which is why you should consider data backup services in Rockville.
If you don't get data backup solutions, an accidentally deleted file or a computer will be disastrous. Here is how this kind of disaster usually unfolds:
If you think you can skip on data backup and recovery to save money, you might want to reconsider it. It helps to know what types of data are more vulnerable to data loss and what happens after the incident.
Here are the data types you should be extra watchful for because of their vulnerability and importance:
So, what happens if the data cited above gets lost? Expect the following:
1. Lower productivity
A data breach can significantly disrupt your operations, especially when the investigation starts. In some cases, the process might require a complete shutdown for weeks or months. It might cost you thousands of dollars per day or hour, something data backup services in Rockville can prevent.
2. Lower revenue
In a 2021 report, a data breach may cost organizations an average of $4.24 million, the highest in 17 years. It is cheaper to pay for an excellent data backup and recovery solution.
The financial cost of a data breach comes from the loss of operation, customer compensation, incident response, breach investigation, and legal fees. Other costs come from updating existing security measures, and expensive regulatory penalties. A data breach also lowers share price and valuation.
3. Damaged reputation
A 2018 study also showed that one of four US-based respondents would choose to stop doing business with a company after a breach. Two out of three Americans admitted to trusting a company less after a breach. Protect your reputation with reliable data backup services in Rockville.
4. Data loss
A data breach that involves compromising personally identifiable information (PII) can seriously affect the company and its customers. PII may include a person's name, email address, home address, credit card number, and more.
In the healthcare setting, a breach that causes the loss of medical records can be disastrous for the patients. It may affect their medical treatment and quality of life.
5. Legal problems
Victims of a data breach may pursue legal action against the liable organizations. Equifax had to pay over $700 million to US customers who were among the over 145 million affected people. Avoid costly legal problems with data backup services in Rockville.
Do you see the importance of reliable data backup services now? If you are looking for data backup services, Swift Systems can help. Our IT team can protect you from the severe negative impacts of data loss and the lack of data backup. Contact us now for the data backup services in Rockville you deserve!