5 Reasons Why Data Backup Is Important for Your Business

Do you remember when you were in high school, and the time you stayed up all night writing a paper that was due at 9 am? You’re typing intensely, in the dark, lit only by the glow of your computer, and you can hear clashes of thunder outside your window. Then, suddenly, the power goes out, and you ask yourself that fateful question: “Did I remember to hit save?”

We grow up learning to save and back up our information. Whether it be those papers from high school, pictures from your recent vacation, or information for your job, saving and securing our important documents and digital media is important. You know this in your personal life, and it is even more crucial in the business world.

Whatever business you’re running, you’ll want secure, reliable sources for backing up your data. Losing important documents and information can cripple your business and you don’t want to fall prey to hackers by not having backed up information. If you want to run a professional, trustworthy business, you’ll need to commit to backing up your information regularly.

Protect from Hackers

While the evolution of the internet has proved useful overall, it has also bred new threats. Cyber attackers lurk in dark corners of the internet and are constantly finding new ways to steal your information or lock you out of your own systems. Even with preventative measures in place, you’ll want backups of all your information in case of malware or cyber-attacks.

Some groups can target the cloud, so consider traditional means of saving documents and files. Even bulkusb drives can come in handy when you need to save a large volume of information. Flash drives are inexpensive ways to secure confidential files away from the dark web and are compatible with most systems. While there are high tech ways to stop hackers, maybe a basic solution such as a USB drives is a straight forward solution to data backup.

Audits

When running a big company, there are your financial records can be reviewed at any time during an audit. Keeping your forms and documents in order will help make an audit go smoothly and successfully. Staying up to date on your backups will ensure that everything you need is in place and ready to go when its time to report for your taxes.

Productivity

While data backups may feel like an extra step to take, they actually help with your productivity. Taking preventative measures allows you to stay on track, even in case of an emergency. If disaster strikes and you’re now working with outdated information, your Objectives and Key Results (OKRs) can be thrown off balance. Instead, use OKR tracking software to make data backup a part of your team strategy. In addition to using updated information, OKRs keep everyone aligned on the same page and working toward goals. Make sure you can achieve those goals, even if a hacker invades or data is lost. Invest in backups.

It Could Cost You

Data loss leads to a financial loss, it’s that simple. Failing to do regular backups could cost you big. As data breaches increase, companies lose billions of dollars due to data and productivity loss. Even natural disasters could cost you more than anticipated. FEMA revealed that 40% of businesses close their doors permanently after disaster strikes because without backup, they have to start building the business again from the ground up. Avoid paying a heavy fine for a future disaster by backing up your information today.

Hurts Your Reputation

The relationship between business and customer is a sacred one. You need to earn your client’s trust. Losing their personal information is a quick way to break the trust between you. Protect your reputation by constantly performing backups and proving you’re an organization to trust. Having a reputation as a secure, reliable company will help you excel.

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Dorian Koci