Accidental data loss can hit businesses of all sizes. Losing important data and information is a serious problem! It means you’ll lose money and time hiring accidental data lost expert Charlotte to help you recover or restore valuable data for your business.
You may delete data accidentally, or something causes the data to become corrupted leading to significant data loss. Formatting errors, physical damage or viruses can render your data unreadable by both software and humans. Losing documents and files often has a lasting, detrimental impact on your business’ financial health.
It is possible to recover some lost data, but the recovery process will require the assistance of accidental data lost experts Charlotte at PC Paramedic and costs time and resources, which you could be using elsewhere to improve your business.
In other instances, you can’t recover lost files and
documents. Therefore, data loss prevention is critical. Understanding the
causes of data loss will help you minimize your business’ potential for data
While there has been significant improvements and cost
reductions in data storage media, the frequency of data loss incidents has
Furthermore, the increased storage capacity of hard drives
today enables you to store a considerably large amount of your data on only one
hard drive. However, it’s a blessing and a curse because a single damaged drive
can lead to significant data loss.
Effects of Data
Loss on Businesses
Data loss can disrupt the day-to-day operations of any
business, causing a major inconvenience. When you lose important files and
documents, your company will spend time and resources hiring an accidental data
lost expert Charlotte at PC Paramedic to recover or recreate the lost data.
While you may find hard copies of the information, they may
not be as up-to-date as the soft copies that you lost. Corruption or viruses
cause data loss that poses specific issues as it can sometimes be difficult to
determine the extent of data loss. Weeding out and repairing damaged files can
be costly for your business.
Moreover, data loss that’s accompanied by security breaches
sets back productivity timelines and make you lose existing and potential
customers. When your company’s sensitive data is compromised or stolen, you
must disclose this serious issue to clients. As a result, you will lose their
respect and trust.
Even if your business recovers from the data loss, you’ll
have to spend time rebuilding reputation and client relationships. Loss of a
large amount of data will cause a lot of inconveniences that can have bigger
implications for your business. Check the following alarming statistics:
94% of businesses that experience significant
data loss don’t recover
51% of these businesses close in less than two
years after the data loss
43% of these businesses don’t reopen
70% of small businesses close within a year of a
significant data loss
Don’t take an expensive risk of leaving your data
unprotected. A 2014 study revealed that 20% of companies lost between $50,000
and $5 million due to data loss from outages.
Several different factors can cause data loss, and each
poses a unique problem for data recovery. Hard drive crashes is the leading
cause of data loss. Issues with software and human errors follow.
According to data from Kroll Ontrack:
System failures or hard drive crashes cause 67%
of data loss
Human errors cause 14% of data loss
Software failures cause 10% of data loss
Understanding different types of data loss and the risks
associated with losing valuable data is essential. It helps to prevent
significant data loss in your business.
If you’re looking for an accidental data lost expert
Charlotte, contact PC Paramedic.
Call us today at 704-496-9098 or
fill out the contact form to get a FREE
quote and advice.