Businesses in modern times need to be proactive to handle any kind of cyber threats or ransomware attacks. If you run a business then you should be prepared to deal with any such unforeseen circumstances.
Have you ever thought about what will be your plan of action in case your website experiences downtime? What are the repercussions of losing sensitive data and customer information?
If not yet, you should now start looking for solutions to deal with these issues.
To keep your business and client data safe, you need to adopt backup solutions. Data backup solutions and business continuity solutions are two different types of data protection solutions. These data protection strategies are critical for every business to minimize the risk of cyber-attacks and prevent loss of data.
Before finding out the importance of data backup and business continuity solutions, let’s answer the question given below-
Why does your Business need Data Protection?
Cyber crimes, especially ransomware attacks do not discriminate based on the size of an organization before targeting it. Whatever the size of a business organization, if it has sensitive data or any private information stored, it becomes prone to cyber-attacks.
Small and medium-sized businesses are more exposed to getting malicious cyber attacks due to a lack of proper resources. Over time, these businesses have started to invest in digital security to protect their businesses from cybercrime.
Statistical data show that 43% of cyber attacks are targeted at small businesses. Unfortunately, 83% of small and medium-sized businesses are not ready to handle cyber attacks at any moment. The costs of sudden incidences of cybercrime are unbearable for small and medium organizations.
Businesses should partner with a trusted IT consultancy to avail of data security solutions. It would help your business in reducing financial liability, ensure regulatory compliance, and restore critical business information with minimal disruption.
Implementing Data Backup Solutions and Business Continuity Solutions
Often referred to as the BCDR solution, Data Backup, and Business Continuity are like two sides of the same coin. Whether big, medium or small, every business must leverage both of these data protection solutions instead of opting for one over the other.
What does Data Backup do?
A data backup solution addresses data security issues and restores business data in case of failure. In simple terms, data backup is the copying of business information from time to time in an alternate storage space at a different location. In case of any data loss, the backup data just needs to be loaded and restored on the company’s server.
This is the traditional data backup method that is effective in recovering lost or deleted files or restoring data from crashed hardware. Traditional data backup solutions are still used as the starting point for recovering data.
But when a critical disaster occurs in an organization such as cybercrime, earthquake, tornado, fire, etc the infrastructure is destroyed. Such circumstances can cause the infrastructure responsible for restoring the data permanently damaged. To proactively handle such critical situations, businesses need to focus on building a comprehensive data protection strategy.
That is where the business continuity solution comes into play.
How can Business Continuity help in critical times?
Business Continuity is an effective data protection solution that helps businesses quickly restore critical data and operations in times of system failure. A business continuity solution if implemented and tested beforehand helps the victim company to quickly reach back and restore the backed-up state.
For instance, your company’s server breaks down. If your business only had limited file backup, your employees won’t be able to return to their critical work. To return to the operations, you will need to replace the server, reinstall the software and data, and configure the entire system with preferred settings. This whole process might take a lot of time.
A business continuity solution utilizes an image-based backup. The image-based backup takes an image of all the data on the company’s server and replicates it at the time of server failure. This allows businesses to quickly restore data and other critical operations if a server goes down at any time.
Implementing business continuity solutions provides several benefits such as-
- Restores critical business information quickly.
- Reduces downtime and financial liability.
- Detects ransomware attacks effectively.
- Optimizes the security of businesses.
As cybersecurity risks continue to grow and hover over the business industry, companies need to address the problem. Businesses should prioritize the implementation of data backup and business continuity solutions.
You should consult a professional IT solution firm to help you choose the best data protection solution for your business.