It will strike terror into the heart of every business owner; Lost data. It can bring operations to a standstill and have a devastating impact on your bottom line.
A well planned data recovery strategy can improve resilience with no unscheduled downtime and is very cost effective. An Aberdeen Group study found that business downtime costs an average of $163,674 per hour across all businesses (small, medium and large enterprise).
The most common reasons data is lost include:
- Accidentally deleting files
- Mechanical damages to devices
- Power failures
- Viruses and malware
The following tips for data recovery will assist you in implementing a solid data backup and recovery plan.
Decide which data needs to be preserved
Take the time to back up critical data such as legal documents, taxes, accounting documents, contracts and agreements. Also back up all software and applications that are critical to running your business.
This is also the time to remove duplicate data to make the most of your storage.
Back up your data locally and offsite
Once you have decided which data is essential, it is time to back up to local storage such as a Network Attached Storage (NAS) drive as well as an off-site location such as Cloud Storage. For local storage, keep one copy at the office, and another offsite in case of a disaster which results in the loss of your computers and hardware.
The cloud has changed the game for data recovery. It is a simple, affordable offsite solution that gives you access anytime and anywhere to the data you need.
Data Recovery Testing
This is the most crucial step. You can have the best backup and recovery plans in place, but if you can’t recover them quickly and easily, you’re not really ahead of the game. Regularly practice data recovery, so in the event of unexpected downtime, your business is minimally impacted.
Data backup isn’t a one-time event. Regular updating at regular intervals depending on how sensitive your data is and how frequently it changes.
Don’t forget to breathe
Data loss and unexpected downtimes always occur when we least expect it. If you have a solid policies and procedures in place in the event of data loss, your risk can be minimized resulting in less financial impact.