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Why Small Businesses Need a Disaster Recovery Plan

A recent survey found that 20% of the 500 SMB leaders surveyed do not have a disaster recovery plan in place to protect against cyberattacks.

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Losing data as an individual technology user is bad, but losing precious data as a small business is worse. They not only lose customer contact information and numbers relating to sales, but they have to find a way to recover this data or face the possibility of having to start over or close their doors. Research from Infrascale found that 92% of business leaders in small businesses feel ready to face a data disaster, but what exactly does that entail?

Data Loss in Small Business Settings

Small businesses are at high risk for data loss mainly because they lack the funds of a corporate chain store to implement strong security measures. Last year, a survey from America Merchant Services found that 41% of small businesses were hit by a data breach that cost them more than $50,000 to recover. Some of the reasons that these startups are a prime target are: 

  • Employees aren’t trained in proper security measures like identifying fraud when using computers and tablets in the business
  • Using insecure methods for payment like the traditional magnetic stripe debit and credit cards
  • Not enabling regular security updates on devices and leaving them unpatched and exposed for vulnerabilities

Of course, these cyber incidents not only take a toll on the business itself but can harm a business’ reputation, resulting in a loss of business if the patrons no longer trust the store. Even if the recovery time objective is low.

Recovering from Large Scale Data Loss in Small Settings

The report from Infrascale explained that the recovery objective time (RTO) is important in determining how quickly a business can bounce back from a cyber incident. 16% of the 500 business leaders involved in the report stated that they did not know their RTO and 20% do not have an actual recovery plan in place. 

There is much more than meets the eye when it comes to recovering from a data disaster. Employees and leaders must take time to reconfigure new systems, bolster their security efforts, and transfer the data to the new storage system if they were able to salvage their information. Some of the reasons given for not being able to recover from a disaster were:

  • Budgetary restrictions
  • No time to conduct proper research for new security
  • Outdated technology

Importance of a Recovery Plan

While it is important to ensure your business is back to regular operations as soon as possible after an attack, small businesses must also retain the data they’ve worked so hard to create. One of the best ways to do that is to create a disaster recovery plan that includes a secure long-term backup storage system. With proper backups of your files, your business won’t miss a beat. 

Perhaps the most critical part of a recovery plan is to have a data recovery company you can trust to retrieve the files that were lost or deleted in a cyberattack or through user error. Secure Data Recovery has a 96% success rate in recovering data from RAID arrays, hard drives, tablets, mobile phones, and more. We even offer emergency services with an average 48-hour turnaround so businesses can get back to serving their customers as soon as possible. 

Don’t let your business close because of lost data, choose a professional and get your data back efficiently and professionally. Call Secure Data Recovery at 1-800-388-1266 to start a case today.

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