The truth is your business may become crippled by a catastrophic power outage, data theft, or computer or server failure, leaving you with potentially years of lost data.
If this data is not backed up using both onsite and offsite storage technology, you may find that you have lost customer records, business files, and many other vital company records.
The results of such a loss may even mean that you are no longer able to retain or attract business, meaning your doors are shut for good.
How Often Should Your Business Backup Data?
The question of how often your business should be backing up data comes down to its size and the volume of data.
In the article, “Are You Making These 8 Common Mistakes When Backing up Your Systems?” the author describes scenarios in which backups may be more needful or less needful.
For example, a bank which handles hundreds or thousands of transactions per day may need to backup data more often than a retail location that handles a few dozen transactions per day.
In the end, it’s a good idea to backup data as often as possible in order to ensure that this data will be preserved in the event of a catastrophic emergency.
Grow Your Backup as You Grow Your Business
It’s also important to consider the growth or expected growth of your business when thinking about the backup of your data.
When you first started out, the amount of storage space may have been enough, but as time goes by, data grows, and your team grows, that same storage space may not be enough.
While your storage provider should be offering you warnings and updates when you’re running out of space, not all do.
As a result, you may be capturing data that is deleting older data, leaving you, your company, and your customers in the lurch.
All Data is Important
Finally, it’s important to realize that all data is important.
Far too often, companies’ backup things like customer and purchasing data, but they ignore things like app data, web form data, and other data that can be very useful in growing a business.
As a result, your backup strategy needs to include all data from all sources in order to remain relevant and profitable in the event of a loss of a breach.
About the Author: Andrew Rusnak is an author who writes on topics that include digital technology and security.