Continued from 23 Business Disaster Statistics You Need To Know – Part1
Let us look at what some of the numbers say.
Let us look at more of the numbers.
(7) 28% of companies have experienced data loss recently
When data becomes inaccessible, your business can grind to a halt. 28% of companies reported a data-loss event in the previous 12 months.1
(8) 19% of businesses have had a recent security breach
Ransomware impacts or hackers breaking into your systems can lead to a range of security issues.
According to DataCore, nearly 1 out of 5 businesses reported having a security breach in the previous 12 months.1
(9) 28% of data breaches involved small businesses
According to Verizon 2020 Data Breach Investigations Report, 28% of data breaches involved small businesses.5
Small businesses typically don’t invest enough in cybersecurity which makes them vulnerable and a target.
(10) 30% of breaches involved ‘internal actors’
Also from Verizon’s report. Of all reported data breaches, almost a third of them involved the company’s own employees.5
Companies need much stronger security controls on their data, not just for outside threats, but also for their own users.
(11) One third of organisations have been infected by malware
Malware can cause a break in business continuity. According to DataCore a third of surveyed companies reported a malware infection in the previous 5 years.1
(12) 45% of companies reported downtime from hardware failure
Veritis reports that among companies that reported downtime incidents, 45% of them said it was due to hardware failure.6
(13) 52% of data breach incidents caused by human error
According to Veritis, human error is a primary cause of data breach incidents.6 Have your employees undertaken training to reduce the frequency of data breaches?
(14,15,16) Only 35% of site outages are caused by natural disasters. Another 45% are operational, and 19% are due to human error.1
(17) 27% of malware incidents were ransomware.5
18,19,20) 99% of all businesses do not perform daily backups, 60% of backups are incomplete, and 50% of restores fail.7
These are shocking shocking disaster recovery statistics and not surprising. Too many businesses are relying on poor advice and never check their backups..
Figures highlighted by Avast show that 60% of data backups are incomplete. To make matters worse, 50% of backup restores fail.7
21,22,23) According to Avast, almost all companies (93%) that have experienced data loss, coupled with prolonged downtime for ten or more days, have filed for bankruptcy within twelve months of the incident, 50% filed for bankruptcy immediately, and 43% of companies with no data recovery and business continuity plan go out of business following a major data loss.7
Does this concern you? If not, you should be concerned. Get the protection your business needs.
For more information on an effective business resumption plan and appropriate processes/technologies, contact our experts at IT Grove