What - Why - How

Industrial Data Loss Costs A Lot

Industry Sector
Lost Revenue Per Hour
Energy $2.8 million
Telecommunications $2.0 million
Manufacturing $1.6 million
Financial Institutions $1.4 million
Information Technology $1.3 million
Insurance $1.2 million
Retail $1.1 million
Pharmaceuticals $1.0 million
Banking $996,000
Source: IT Performance Engineering & Measurement Strategies: Quantifying Performance Loss, Meta Group, October 2000.

Result of Data Loss For Business

  • Companies that are not able to resume operations within 10 days due to catastrophic data loss are not likely to survive.
  • 70% of small firms that experience a major data loss go out of business within one year.
  • 75% of companies without business continuity plans fail within three years of a disaster.
  • Of those businesses that experience a disaster and have no emergency plan, 43% never reopen; of those that do reopen, only 29% are still operating two years later.

Facts & Risks

- Data loss is a question of 'when' instead of 'if'.

- Not sure whether there are important files under risk of loss in your computer?
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  • 60% of all data is held on PC Desktops and laptops.
  • A hard drive crashes every 15 seconds.
  • 20% computers suffer a fatal hard drive crash during their lifetime.
  • 15% or more of laptops are stolen or suffer hard drive failures.
  • 2000 laptops are stolen or lost every day.
  • 25% of lost data is due to the failure of a portable drive.
  • 40% of Small and Medium Sized Businesses don't back up their data at all.

Causes Of Data Loss

Causes_Of_Data_Loss

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