Have you ever stopped to think about what would happen if you lost all your business data? You would certainly spend some time in solving all the problems that would arise. Data is increasingly important in today’s business world, so it is essential to ensure that it is well protected. In today’s article, we will see what would happen in case of total data loss!
You would suffer financial losses (often irrecoverable)
All losses make us lose money at first. If our business comes to a standstill, we will not be able to produce or respond to requests and this is undoubtedly reflected in the company’s financial area. Even if you are able to recover lost or stolen data, if you do not have an instant data recovery solution like RAAS, there will be an interruption period and inevitably there will be monetary loss for the business.
You would spend a lot of time solving problems
Employees have their tasks well defined and when it is necessary to redo a job there is a waste of time. Employees who are responsible for resuming normal business activities will be prevented from carrying out their daily activities and this will be reflected in an accumulation of work. In addition, having to redo tasks can also lead to general demotivation on the part of the teams. And, again, the financial losses are underlying here: the teams have accumulated work, produce less and the company misses opportunities.
You would see important information exposed
The loss of sensitive data, such as bank data, is a problem and this information is a favorite of hackers. Losing financial data can become a real nightmare, as the financial losses can be huge (again, we have the financial issue present!). Unfortunately, we cannot completely eliminate the likelihood of suffering an attack, but we can be careful. If you are out of the office and need to access important information, you should always use a VPN connection. A VPN (virtual private network) is a type of private connection that uses a public network to access your company’s data. Contains connection encryption that prevents data interception and IP tracking. This is the safest way to access company data through public networks and it must be the only way the company allows employees to access corporate email outside the internal network.
You would lose customers (current and potential)
Ultimately, due to data theft and exposure, companies may lose customers, as trust is broken when customers know that the company does not effectively protect their data. In addition, getting new customers can become really difficult after a company has its data exposed.