In the year 2020, backing up your data isn’t a luxury, it’s an absolute necessity. While people around the world are slowly but surely coming to terms with this fact, it isn’t always as clear to those people exactly why these backups are so important.
In this blog, we’ll answer this question by citing four undeniable benefits of backing up your data and personal information. Let’s begin with number four.
#4. Limit Your Exposure to Risk
Cyberthreats are continuing to evolve, and as a result, there are more risks than ever facing businesses and individuals. The most logical thing to do in response to these risks is to limit your exposure to them. And while it can be tremendously difficult to completely avoid attacks, you can at the very least be prepared for them.
Backing up your data and personal information means a cyberattack can impact operations, but it will limit just how devastating the long term impacts can be. Recovering files after an attack can be almost impossible if the file is backed up, so ask yourself one question: how many files could you really afford to lose?
#3. Improve Your Recovery Time After an Attack
How long it takes for a company to respond after a cyberattack is crucial both in terms of company security and financial implications. According to IT Governance USA, “Breaches that took less than 30 days to contain had an average cost of $5.87 million, but this rose to $8.83 million for breaches that took longer to contain.”
Much of the reasoning behind these numbers are that when data breaches extend beyond 30 days, more data and sensitive information is stolen. And if there are no backups of this information, the financial cost could, quite possibly, not be the worst of your problems. Recovering information quickly after an attack like this can be the difference between getting back on your feet or simply never recovering.
#2. Improve Your Security
When data is backed up, it’s stored in a secure location, protected by multiple levels of encryption. In fact, according to Network Specialists, “You will never have to worry about others locating and compromising your data with remote data backup.”
By storing your data in a secure, encrypted location, security is improved drastically. This reason alone should be enough to convince you to backup your data and information.
#1. Saving Yourself Money (And Possibly Lots of It!)
There are so many ways you’ll end up saving money as a result of backing up your data. The first, and most obvious one, is considering how much it will cost you and your company if you get hacked, and lose tons of valuable information. The exact number of the cost will vary per company, but it’s much, much more than the cost of simply backing up your data.
Another way backing up your data will save you money is, if you go the route of backing up your data remotely, you’ll save tons of money on the equipment that would be required if you were to backup your data personally.
There are tons of reasons you should backup your data, and virtually no reasons why you shouldn’t. Make today the day you finally backup your data, and take one big step toward cybersecurity.
Categorised in: data breach, data management, Data Retention