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- 43% of companies that experience a severe data loss disaster without any recovery plan in place - never re-open.
- As a director of a Company, both your Fiduciary and Statutory obligations in accordance with the law of Good Governance require you to ensure that both you and your co-directors adhere to the practice of safeguarding any operational data in an appropriate manner.
- Be it human error, theft, flood or virus attack, it can happen to you – it probably will sometime.
- On average, by the 6th day of a major data loss, companies experience a 25% loss in daily revenue. By day 25 it is 40%.
- Loss of data can disrupt business life and destroy business value. Be it human error, theft, flood or virus attack.
- 99% of all business do not do a daily backup.
- 60% of backups are incomplete. A backup is only as good as the 1st restore
- 50% of restores fail.
- Only 25% of tapes are stored off-site and end user compliance with backups is only 8%.
- 50% of backups to tapes, are stored in fire-proof safes – which ironically in the event of a fire, generate enough heat inside to either melt or just damage the tapes
- 90% of backups that are done require human intervention.
- The law insists that businesses must safeguard their own or anyone else’s data, by appropriate precautions, against loss, corruption or unauthorized disclosure. – Data
- Protection Act, 1998.
- Never underestimate the capabilities of a disgruntled employee!
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