Data loss can be particularly devastating for businesses in Australia, where there are strict data privacy laws that require businesses to protect their customers’ data. In addition, businesses in Australia face a higher risk of natural disasters such as bushfires, floods, and storms, which can cause significant damage to physical infrastructure and lead to data loss.
According to a report by the Australian Cyber Security Centre, cybercrime is on the rise in Australia, with businesses being a prime target. In fact, 58% of businesses in Australia experienced a cyber incident in 2019, with the average cost of a cyber incident being $276,323. Data loss was one of the most common consequences of a cyber incident, highlighting the importance of having a backup in place.
In addition to cyber threats, businesses in Australia also face a high risk of natural disasters. According to a report by the Australian Business Roundtable for Disaster Resilience and Safer Communities, the cost of natural disasters in Australia is expected to increase to $39 billion per year by 2050. These disasters can cause significant damage to physical infrastructure, including servers and data centres, leading to data loss if there is no backup in place.
Having a backup is crucial for businesses in Australia to protect against data loss from cyber threats and natural disasters. With the increasing amount of data being generated and stored digitally, businesses cannot afford to take data backup lightly. On World Backup Day, it is important for businesses in Australia to evaluate their backup strategies and ensure they are adequately protected against data loss. The consequences of not having a backup can be severe, both in terms of financial loss and damage to reputation.
The questions you need to ask today are;
- Do you have a backup that works?
- When was it last tested to show it could restore data?
- How long did it take to restore the data?
If you can’t answer those questions, then speak to your IT/Technology provider ASAP to get a clearer understanding of your situation and make sure you are protected.
If you need a good IT provider in Australia that focuses on the needs of SMB businesses then let me know. I can link you up with some solid SMB focused IT Professionals via the SMBiT Professionals Association.