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Reflecting on data backup best practices on the eve of World Backup Day
For many firms, data backup plans are like insurance policies: they figure they’ll never really need them and every dollar invested is done so with regret. But woe to any organization that finds its systems going offline for any length of time and its vital data rendered inaccessible. Consider these sobering statistics: 93 percent of companies that lost their data center for 10 days or more during a disaster filed for bankruptcy within one year of the disaster (National Archives & Records Administration); and of companies that suffer catastrophic data loss, 43 percent never reopen and 51 percent close within two years (University of Texas). With those stats in mind, March 31 marks World Backup Day, the perfect time to reflect on how well organizations are doing at protecting their data. To aid in the process, Information Management asked several IT security experts for their best practices advice.