Real Life Statistics Regarding Data Loss
- Of businesses that have a major fire that involves the loss of data, 30% close their doors within a year, and 70% go out of business within five years.
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70% of small business firms that experience a data loss close their doors
permanently within one year.
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25% of all personal computer users lose some type of data each year.
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Of companies that have a serious data loss, 94% end up going out of business, with
43% never opening again and 51% closing within two years of the loss.
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Of the companies that lost data for more than 10 days, 93% filed for bankruptcy
less than a year later. - 50% of those companies that did not have some
type of data management also filed for bankruptcy immediately after the data
loss.
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77% of companies that use tapes to backup their information tested the tapes
and found some sort of failure with their backups.
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Most workstations are not backed up sufficiently.
The Sync
Error: AMAG Pharmaceuticals
AMAG is a pharmaceutical company
based in Boston with around 300 employees. As a part of the health and
pharmaceuticals industry, they’re heavily regulated, and compliance is
particularly important.
Their data loss problems began when an HR
folder was moved within Google Drive, and didn’t sync correctly. As a result,
all files disappeared – including some that weren’t even owned by the user
moving the folder. The employee checked the trash bin, recycle bin, and desktop
for a copy – but the data was gone.
Luckily, Spanning Backup for Google
Apps allowed AMAG to restore all files in just a matter of clicks,
exactly as they were and where they were before.
Without a backup and restore solution, the
data is this important folder would have been lost forever, putting AMAG’s
compliance with regulations surrounding data availability and backup in
jeopardy.
Data Loss in School
If a school loses its online information,
it can lose schedules, grades, personal information about who works there and
who studies there, and future plans for the school.