Businesses need to prepare themselves against data loss and data theft

#WorldBackupDay is a good reminder about the need to ensure that you are fully backed up and protecting yourselves and your customers.

According to a report, 29% of data loss cases are caused by accidents, and hence it is imperative that businesses ensure that they recover quickly from any data loss scenarios with the ability to access data anytime, even offline during outages and are also able to protect their clients and minimise their data loss.

Operational Resilience, the ability of an organisation to continue operations through adverse events or changing business conditions, is therefore critical in any modern enterprise. It entails adapting and responding to as well as recovering and learning from operational disruptions, including a cyber incident, natural disaster, system failure, or sudden change in market conditions.

Also, disaster recovery planning is critical to business continuity. While traditionally, organisations had to rely on backups to resuscitate applications in the event of a disaster, Disaster Recovery as a Service (DRaaS) offers the ability to bring operations back to production in minutes (in modern times, backups fail to solve critical data loss and downtime problems since the backups are often incomplete or non-restorable and data restore can take hours and days) and is an affordable and seamless solution for businesses of all sizes.

It allows an organisation to back up its data and IT infrastructure in a third-party cloud computing environment and provide all the disaster recovery orchestration keeping the organisation’s business-critical applications operational and enabling business continuity in case of disruptions like a hardware failure, a ransomware attack, or even a natural disaster.

At Simplex, we undergo risk assessment of our customers’ environment and conduct a business impact analysis. Basis that, a DR strategy is designed and executed. As part of our toolchain, we employ Veeam Backup & Replication, a single platform for modern data protection, and the Veeam Disaster Recovery Orchestrator which offers one-click site recovery and DR testing. For customers who are on Microsoft Azure, there’s Azure Site Recovery, the native disaster recovery as a service for Azure, as well as Azure Backup, a secure, one-click backup solution.

According to McKinsey research, companies report that one month or more of disruptions occur every 3.7 years, resulting in losses worth almost 45 percent of one year’s EBITDA over the course of a decade. We believe that building resilience is not just an exercise in compliance but should be a cultural shift across the board. It needs to be developed as a guiding principle for all personnel, from C-suite to IT professionals.