Top 10 backup and recovery findings for small to mid-sized businesses

Backup is a lynch pin of disaster recovery and business continuity plans

A recent survey of small to mid-sized business (SMB) studied backup and recovery budgets, technologies, planning, and key considerations for companies with fewer than 1,000 employees.

Backup Policy Service Lever PolicyFindings included:

  1. 45% SMBs said their organization had experienced a data loss
  2. Recovery on average cost nearly $9,000 in each incident – 54% of the losses were due to hardware failures
  3. SMBs spend an average of $5,700 each year to manage data backup and recovery environments
  4.  70% are satisfied with current backup solutions – 30% believe their approaches and technologies leave them exposed to data loss and business disruption
  5. 42% believe their company’s plans fall short
  6. 70% think some critical information will be lost in a disaster
  7. 60% have their backups on direct-attached storage (DAS)
  8. 30% of SMBs use cloud based solutions
  9. 14% plan to invest in a cloud offerings this year
  10. 77% prefer a private or hybrid approach – 23% percent favor a public cloud offering.

Question that need to be answered are:

  • Is our data safe in transit and at rest?
  • What prevents hackers from gaining access to our data?
  • Is our data properly handled, stored, and deleted?
  • Who can access our data?
  • What are the benchmark measurements?
  • Is our data backup strategy compliant?
  • Will our recovery be successful?

Author: Victor Janulaitis

M. Victor Janulaitis is the CEO of Janco Associates. He has taught at the USC Graduate School of Business, been a guest lecturer at the UCLA’s Anderson School of Business, a Graduate School at Harvard University, and several other universities in various programs.