Data Recovery Experts: Small Businesses to Mitigate Data Loss

A small business's data is its lifeblood. Whether it is a business's supplier list, inventory records, customer lists, payroll or financial records. These records are necessary for smooth day-to-day operations. Yet surprisingly, a recent study by Symantec found that 57 per cent of small businesses do not have a data recovery plan. What are the potential consequences of catastrophic data loss and what can be done to mitigate data loss?

Data Loss Can End a Small Business

If a small business loses important financial records or customer information, it can mean the end of the enterprise. If the data can be recovered, it can take three times the length of time to get back into normal business made  that the data is lost to be back running again.

An example is if the data was lost for one week it can take 1 week to redo the data, one week lost that you missed redoing the data and the one week of future movement if the data had not been lost.  Even if the data is recovered, a business's reputation can be harmed if it becomes widely known that customer data has been lost.

In the event a business cannot recover its data, it can take weeks or months to recreate records from paper receipts or printed records. Some small businesses, or sole proprietorships, might not be able to operate during the time they are recreating their records for billing or if they need the data to meet regulatory requirements. This loss of income and loss of momentum can lead to the complete failure of a business.

Create a Complete Data Recovery Plan with a Data Recovery Specialist like CBL Sydney Data Recovery

Since most small business insurance policies do not cover data loss, a business owner needs to develop a comprehensive data loss recovery plan. Some of the essential components of this plan include the following:

• Make sure to have an inventory of all the hardware on which the business has data stored. For example, a business owner might take security measures with the desktop PC, but does not so with information stored on his or her laptop, or that of an employee.
• Remember to keep track of all USB drives, since these can contain critical information. Additionally, these thumb drives can be easily damaged.
• Establish a routine plan to back up data to the cloud or an external server. Make sure all employees are aware of the procedure. Check this data back up to make sure all critical data you require can be restored  - we call this a fire drill.
• Make sure all software is kept up to date since the update packages will provide patches that fix bugs in the software that can be exploited.
• Keep all antivirus software up-to date and regularly scan computers and mobile devices for viruses, Trojans, malware, and rootkits.
• Contract with secure, reputable data recovery specialists, such as Sydney Data Recovery Make sure to always have the phone number handy (02) 9437 5755 or 1800 287 225 they are on hand to answer questions, when the need arises, to make sure you are not going through this data failure on your own.

Just like any other potential crisis situation with your business, a careful plan with an expert to call for help can prevent futher catastrophe.

More Information : www.cbldatarecovery.com.au

Source: WhaTech