| Statistics
The following statistics were gathered from various sources:
- 6%
of all PCs will suffer an episode of data loss in any
given year. Given the number of PCs used in US businesses
in 1998, that translates to approximately 4.6 million
data
loss episodes. At a conservative estimate, data loss
cost US businesses $11.8 billion in 1998. (The Cost Of
Lost
Data, David M. Smith)
- 30% of all businesses that have
a major fire go out of business within a year. 70%
fail within five years.
(Home
Office Computing Magazine)
- 31% of PC users have
lost all of their files due to events beyond their
control.
- 34% of companies fail to test their tape backups,
and of those that do, 77% have found tape back-up
failures.
- 60% of companies that lose their data
will shut down within 6 months of the disaster.
- 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. (National Archives & Records
Administration in Washington)
- American business
lost more than $7.6 billion as a result of
viruses during first six months
of 1999.
(Research by
Computer Economics)
- Companies that aren't
able to resume operations within ten days (of a disaster
hit) are not
likely to survive.
(Strategic Research Institute)
- Simple drive
recovery can cost upwards of $7,500 and success is
not guaranteed.
It takes
19 days & costs
$17,000 to retype 20 megabytes of sales
data.
- 20 megabytes of accounting data
takes 21 days and costs $19,000.
Most fortune 500 companies use the
same basic techniques to protect their
data:
- All their systems are completely
automated
- The data is copied to
a central location
- Highly skilled technicians implement
and monitor the process
Most small businesses don't have a backup plan that fully
protects them.
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