Data Loss Facts and Statistics
Data preservation and the ability to retrieve data at any point in time from any
location is the foundation of business continuity. A solution that provides these
necessities helps to keep business running. As the leader in hardware-based backup,
disaster recovery and business continuity solutions, it seems fit to provide our
Partners with some food for thought...
- In the past two years, Over 50 percent of businesses experienced an unforeseen interruption,
and the vast majority (81%) of these interruptions caused the business to be closed
one or more days.
- 80 percent of businesses suffering a major disaster go out of business in three
years, while 40 percent of businesses that experience a critical IT failure go out
of business within one year.
- In the case of suffering a fire, 44 percent of enterprises fail to reopen and 33
percent of these failed to survive beyond 3 years.
- Companies are still failing to put strategic contingency plans in place. Analysts
from Hughes Marketing Group have found that over the course of a month, 90 percent
of small companies (fewer than 100 employees) spend less than 8 hours planning or
managing their business continuity plans.
- Vendors offering disaster recovery solutions have stated that between 60 and 70
percent of all problems that disrupt business are due to internal malfunctions of
hardware or software, or human errors that may lead to fraud.
- According to Timesavers International studies, the catastrophe most businesses experience
is not fire, flood or earthquake, but rather something much more insidious—malware.
In 2008, the United States was the top country for overall malicious activity, making
up 23 percent of the total.
- 93% of companies that lost their data center for 10 days or more due to a disaster
filed for bankruptcy within one year of the disaster. 50% of businesses that found
themselves without data management for this same time period filed for bankruptcy
immediately.
- Companies that aren’t able to resume operations within ten days (of a disaster hit)
are not likely to survive.
- Every week 140,000 hard drives crash in the United States.
- 31% of PC users have lost all of their files due to events beyond their control.
- 34% of companies fail to test their tape backups, and of those that do, 77% have
found tape backup failures.