Factors To Consider When Looking At Data Loss Risk Reduction
When you are dealing with an unexpected data loss of within a company the effect and severity of the data loss will of course depend on a number of factors, these being which system has failed, what data has been lost, how many employees are accessing the data on a hourly basis.
If a main raid server has gone down and this is used to house the company’s customer relationship management software then quite literally business can stop , especially if the CRM system is principally used for sales or the company employs a large sales force.
The effect will of course impact larger companies more than smaller organisations but the effect of data loss can still be quite devastating none the less.
With the ever increasing reliance on IT most business owners will have started to become reasonably educated about the need for a disaster recovery plan for their business, and plans may have already been put in place but this does not make the system infallible as if the plan has note yet been tested, or has not been implemented which often happens if a business waits for suitable window if a server needs upgrading for example, then the company will still be open to risk.
So what is the cost of a data loss disaster? This is a question often asked by smaller business as they need to establish a sensible return on investment in order to justify the cost of setting up a plan. Unfortunately the return of investment is a negative one in most cases, that is unless there is a data emergency, then there will be no return on investment. There will on the other side of the coin though be a large risk reduction. A good measure that could be used for a sales organisation though could be loss of potential sales.
This can give very clear indicators as to potential revenue loss versus business down time and business continuity investment. For many organisations the loss of a days sales could have a very impact on cash flow and for larger companies potential loss could have an even greater effect.
Obviously this would scale up or down depending on the business affected. Other costs that can be factored in could also include the actual cost of recovery, legislative fines due to failure to hold critical business data and of course future sales if essential client records have been lost.
As well as the tangible costs intangible costs also need to be considered which could include the loss of potential clients or business credibility, the management overhead needed to get the business back on line again and the cost of manual data entry from paper records (if they are held) to populate the database once it has been restored or the server has been re-built.
Another critical factor that should never be overlooked in the event of a data emergency is the restoration of the data. In many cases data can be irrevocably lost due to bungled attempts at recovery by inexperienced IT technicians.
Also if you are employing the services of a raid recovery company you need to check their potential methodology and ensure they will not work on the actual donor disks as it is crucial to keep the main data source intact at all times.
Specialist disaster recovery and raid recovery experts will use state of the art equipment is to recover lost data from raid servers, laptops and other storage media or network attached storage devices, and to make sure you data is safe just in case a data loss strikes again they should also supply remote server backup solutions for small and corporate businesses to ensure business continuity.
For data recovery help visit the Manchester data recovery website.