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The Importance Of Backing Up Your Company Data

The Importance Of Backing Up Your Company Data

You don't know what you've got until it's gone - it may be an old adage, but it applies very well to 21st century problems like corporate data security. Hard drive failures, water damage, viruses, Trojans, and ransomware attacks can all wipe or corrupt irreplaceable data. Not backing up your data is a gamble you shouldn't be making, especially since all it takes is time. Here are some of the reasons you should back up your company data asap:

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The Cloud Is infinite


With very little cost, you can encrypt and store all your data on several servers across the world simultaneously thanks to the Cloud. It would take a global natural disaster to take them all down and destroy your data.


Storage Is Cheap


If you don't trust the Cloud to handle all your data safely and you don't want to back it up on your servers only, then invest in secure storage devices that you can keep under lock and key, either on or offsite. Even start-up companies with light budgets find external hard drives, tapes, biometric safes, and offline servers affordable.


The Law Requires It


When it comes to taxes, HMRC specifically says you should keep your company records for at least 5 years. Banks, professional organisations and even clients may also need access to your documents for many years to come. To make matters worse, losing data is a legal breach that anyone can now simply report online.


Knowledge Is Power


As your company grows, internal procedures and values will develop with it. New employees and partners will need to use past data as a reference point to understand your history and growth prospects. Storing data and updating it regularly will also improve productivity by reducing mistakes, duplicated efforts and wasted time.


Data Security Is Good For Business


Lastly, in a time when businesses are extremely vulnerable to malicious attacks, backing up your data will enable you to keep your competitive edge. This Beaming report claims millions of companies in the UK don't back up their data adequately, and many of them don't even bother trying.


How Secure Is Your Company Data?


If you've never given much thought to the issues raised above, then it’s never too late to start. Learn more about secure asset disposal and the importance of data security by speaking with one of our advisers today.

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Source: Pixabay

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