Site icon Infrascale

Tactical Advice for SMBs on Data Protection, Backups and Disaster Recovery

Data Protection

We live in a dangerous world. Cyberattacks such as ransomware, malware, and phishing threats put your mission-critical data and devices at risk. So do disasters, whether they be human-caused (both malevolent and unintentional) or natural. Data that is not properly protected, backed up and recoverable, is a serious – and sometimes existential – problem for businesses of all sizes, not just enterprises.

When many people think about data protection, they assume hackers are involved. But hackers are not the only looming threats of a human nature. According to a 2020 Verizon data breach investigation report, 34% of data breaches involved internal actors.

Then there’s Mother Nature. Extreme weather and natural events such as earthquakes can lead to floods, power failures, and other issues that can damage and destroy computing equipment and the data within them.

Small and Medium Size Businesses Need Data Protection as Much as Enterprises Do

Specific to SMBs, a recent study from cybersecurity company Bullguard showed that 43% of U.S. and U.K. SMB owners had no cybersecurity defense plan, and one in five use no endpoint security at all. One of the growing threats, ransomware, is wreaking havoc on SMBs. An Infrascale survey from April reported that ransomware attacks have hit 46% of SMBs, and 73% of those SMBs that have been the targets of ransomware attacks actually have paid a ransom.

The above statistics are sobering, to say the least. Effective cyber attacks can cause SMBs to go out of business. Beyond the financial implications, there is the threat of data loss (or theft, as the case may be). Any size business without its critical data (e.g., customer records, financial information) can’t function properly. That’s where data backup and disaster recovery (BDR) protection come into play.

Before we go too far, however, let’s first define the key terms.

Data protection is a broad topic that encompasses everything involved with safeguarding your data from threats internal and external. These threats include data corruption, hacker and other malevolent actor attacks and data corruption.

Technologies that protect data include: backup and data recovery (BDR), encryption, malware/antivirus detection, firewall, and data classification, among others.

Let’s tackle BDR by component. The Backup piece refers to the secondary copies of your data. Depending on the backup provider, these copies may exist in the cloud, as a hybrid cloud deployment, on local servers, disk drives, flash storage, or even magnetic tape for the old school crowd.

Disaster Recovery (DR) refers to the ability to get the data – and the processes that operate on the data – up and running, as to continue business operations. DR tools and processes are designed to mitigate the downtime and data loss caused by server crashes, human error, ransomware attacks, or natural disasters. DR is a continued thought from backup, as focusing on copies of data (backup) alone is sometimes insufficient. You must also have the operations of that data restored to resume normal business productivity. Disasters of any variety – and the data loss resulting from them – are a looming threat for your business. Having the right data protection solution is imperative.

Data protection tips

Data, as the now-clichéd statement goes, is the new oil. And just think about how well a physical oil supply is protected! You should be just as diligent with protecting your data, no matter your company’s size or data volume. Here are some tips:

Backup and Disaster Recovery tips

Data loss IS a disaster. It leads to frustrated customers, client churn, loss of productivity, and lost sales. In fact, 40% of enterprises say that just one hour of downtime costs their business at least $1 million and as much as $5 million. And research from IBM and the Ponemon Institute’s The Cost of Insider Threats Global Report 2020 found that companies with less than 500 employees spend an average of just under $8 million per incident. SMBs are only different in the dollar amounts, not the amount of pain inflicted on the business. Here are some tips to avoid this digital type of disaster:

Data protection will never go out of style

To summarize, yes – there are many, many things that can go wrong with your data.

The good news is that even as threats to data protection become ever more complex and numerous, there are solutions and strategies available today to prevent, mitigate and fight them. You can’t go wrong planning for the worst and implementing the actionable steps described in this post. Data protection is our mission – so we can say with confidence and experience that these tips are battle-tested, and they work!

 

Exit mobile version