Recovery of data is crucial for all businesses, but especially due to the current geopolitical environment and the constantly changing cybersecurity threat landscape due to cybercriminals getting more sophisticated in their use of equipment and tools.
The Cyber Security Breaches Report 2022 conducted by the UK Department for Digital, Culture, Media & Sports revealed it was 39% that UK companies reported cyber-attacks or attacks during 2021. One-in-five businesses were reported to have suffered negative effects as well as the cost of cyber-attacks to large and medium-sized companies was said to have risen to £19,400. Cybersecurity and data breaches aren’t something that businesses can afford to ignore regardless of their industry or size. It’s about knowing what will happen next and being prepared.
What exactly is Data Recovery?
Data recovery services near me are about the safe storage of your important data and the capability to restore original, uncorrupted copies when you experience data loss that is caused by unplanned incidents like system malfunctions or ransomware, data hacks or even human mistakes. There are a variety of methods to retrieve data. But, the majority of companies are now investing in highly-rated and reliable cyber resilience software which provides rapid recovery solutions that help to reduce downtime and save money.
The benefits of data Recovery
Data loss can affect any business at any moment and for a variety of reasons. There are many ways for businesses to reduce cyber-related threats for example, training staff and raising awareness, implementing the policies and governance practices such as cybersecurity insurance and risk management strategies and more. But having an emergency plan for recovery is equally or more important. The prevention methods alone aren’t enough.
Every business, large or small, should have an effective data recovery plan as well as procedures in place that safeguard all important data that is retrieved as well as assists in getting the system back in operation quickly.
Here are the top five reasons your business should have a backup plan and solution for data recovery in place:
- Securing Brand Reputation and Keeping It
In the last few years, the rate of data breaches and thefts has increased as cybercriminal attacks have become increasingly sophisticated. Today, businesses are at risk of losing crucial data, that can result in data leaks as well as identity thefts that can result in huge costs as well as harm to their brand’s reputation, and even loss to customers.
A well-established data recovery strategy and method helps in preparing organizations. A quick and secure recovery process allows businesses to carry on with their daily activities without enduring interruptions.
- Reliable and Uncorrupted Data Replication
Businesses should have a sound plan for data recovery and use an established solution for software which has data replication feature. This lets businesses retrieve unmodified and clean backups of their data that are reliable that allows for speedy recovery without suffering long-term downtimes and costs. It also saves resources.
- Competitive Advantage
A well-established solution for data recovery gives you an advantage over your competition. Companies that are hit by cyber-attacks or data breaches are prone to interruptions. Since their customers are seeking assistance from other organizations that can ensure the security of their data they lose hundreds of thousands of clients.
The most recent instance is the time when The Works was forced to shut down their 526 locations following a hacker’s the access of their computers that meant that the company suffered from the downtime, while their customers were purchasing from their rivals.
- Staying clear of Costly Fines
Cyber-attacks are reported to be happening every 11 seconds. in 2021 the average cost of an attack on a computer was $13 million, which means that companies are no longer protected from cyber-attacks. If they are not prepared and equipped cyber-attacks could become increasingly detrimental for businesses.
Implementing an advanced data recovery system that can secure data and shield against cyber-attacks from malicious hackers can help businesses avoid huge penalties and help them prepare for the ever-changing threats and evolving sophisticated cybercriminals.
- Maintaining Compliance Standards
In the context of the regulation on data privacy companies must ensure the security of the data they receive from employees, customers or partners as well as other third parties. In the event of a breach, it could result in a significant penalty.
Every company must follow the necessary steps for cybersecurity, including reviewing backups and having a plan for recovery. A well-designed data recovery plan and a reliable recovery tool will ensure that organizations adhere to the cyber security regulations and are in compliance.
Data Loss Solution
A powerful and reliable tool for data backup and recovery will enable businesses to automate their process of recovering data with minimal effort. If you are looking to purchase the most suitable software for data backup and recovery for your company You should take into account these factors:
- The strategy you choose for your Data Lifecycle Management (DLM) strategy
- Effectiveness and Control for the data recovery Tool’s effectiveness and control
- Safety and corruption Detection
- Functions for encryption
- Advanced storage and recovery process
- Time to recover and expert assistance