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- U.S. businesses loose over $12
billion per year because of data loss.
- Hardware or system failure accounts
for 78% of all data loss.
- Human error accounts for 11% of
all data loss.
- Software corruption account for
7% of all data loss.
- Natural disasters account for only
1% of all data loss.
- More vital data is being stored
in smaller spaces.
- Instant access to electronic data
has become more crucial in day-to-day business.
- Disaster prevention and recovery
plans are often overlooked or outdated.
- Backup tools and techniques are
not 100% reliable.
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- 93% of companies that lost their
data center for 10 days or more due to a disaster
filed for bankruptcy within one year of the disaster.
50% of businesses that found themselves without data
management for this same time period filed for bankruptcy
immediately. (Source: National Archives &
Records Administration in Washington)
- File corruption and data loss are
becoming much more common, although loss of productivity
continues to be the major cost associated with a virus
disaster. (Source: 7th Annual ICSA Lab's Virus
Prevalence Survey, March 2002)
- The average company spends between
$100,000 and $1,000,000 in total ramifications per
year for desktop-oriented disasters (both hard and
soft costs.) (Source: 7th Annual ICSA Lab's Virus
Prevalence Survey, March 2002)
- In addition to being more prevalent,
computer viruses were more costly, more destructive,
and caused more real damage to data and systems than
in the past. (Source: 7th Annual ICSA Lab's Virus
Prevalence Survey, March 2002)
- Of those companies participating
in the 2001 Cost of Downtime Survey: 46% said each
hour of downtime would cost their companies up to
$50k, 28% said each hour would cost between $51K and
$250K, 18% said each hour would cost between $251K
and $1 million, 8% said it would cost their companies
more than $1million per hour. (Source: Ontrack
- 2001 Cost of Downtime Survey Results, 2001)
- At what point is the survival of
your company at risk? 40% said 72 hours, 21% said
48 hours, 15% said 24 hours, 8% said 8 hours, 9% said
4 hours, 3% said 1 hour, 4% said within the hour.
(Source: Ontrack - 2001 Cost of Downtime Survey
Results, 2001)
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