Data loss statistics

Posted on 28. Feb, 2010 by in Data Backup Advice

It is unfortunate, but it happens to most people at some point in their digital time online that some of their data is lost to some event. This disheartening, disruptive, cruel event often comes at the hands of tornadoes and thefts, but let’s look at some of the more common ways that data loss contributes to personal decline in the modern age.

About 6% of PCs will have some data loss episode in a given year. 30% of all businesses will have a major fire, and fire insurance can’t protect against data loss. 31% of PC users will have lost data due to events beyond their control. 34% of companies do not bother to do tape backups and those that do have found that 77% have tape backup failures. 60% of companies that lose their data will shut down within 6 months of losing their data, proving that data loss is a fatal blow. 93% of companies that lost their data center for 10 days or more filed for bankruptcy within 1 year of the disaster, and 50% of companies that found they did not have data loss for 10 days or more filed for bankruptcy right then and there. Moreover, American businesses lost more than $7.6 billion as a result of computer viruses, and hackers aren’t being punished enough. Companies that weren’t able to resume operations within 10 days of a disaster striking were not able to even survive at all. Simple recovery of drives can cost up to $7,500, and it is not guaranteed.

Furthermore, people all over the country are losing data, and they have their memories squashed even if they don’t own a business upon which the data records rely. People need to wake up and realize that data loss is a big issue and take every precaution to make certain that data backup and recovery is figured into their operating budget for their company to be successful in the modern age.

Data loss is by no means limited to businesses and individuals in this country. Governments around the world are susceptible to attacks that render their infrastructure unwieldy and uncertain in the event of something bad happening. Data backup needs to happen at every level from the lowly individual to the top government official to ensure that not a single shred of information is lost.

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