When you have a business in the Philippines, you know that your data (or its recovery) is one of the most important aspects of a successful venture. Do you why using data recovery in the Philippines vital for your business and its security?
Overall, data provides critical insights about your team, clients, products/services, and even your direct competitors. It compiles from a whole host of sources and can typically make or break a company’s growth.
Undoubtedly, as we live in the generation of technology, we all rely on different types of data. However, today, many find it challenging to manage their data. Over the last few years, businesses find it challenging to collect the necessary information when coming up with a business strategy.
Over the past years, technology has become a fundamental aspect of the workplace. From financial transactions to vital documents, businesses rely on technology to be always connected.
However, if these data are compromised, it can have a disastrous impact on the business. The question is, do you know the importance of utilize data recovery in the Philippines for your online security?
In a report by the Department for Digital, Culture, Media, and Sport entitled “Cyber Security Breaches Survey 2019: Statistical Release”, cyber-attacks are a persistent threat to businesses all around the world. While fewer industries have experienced breaches than before, the companies are experiencing breaches more than once. These are consistent trends since 2017, as the survey indicates.
32% of businesses report having online security breaches or attacks in 2019. Compared to the past years, this is higher, particularly among medium companies (60%), large businesses (61%), and high-income charities (52%).
Among this 32% of businesses, the most common types of breaches are:
- 80% are phishing attacks
- 28% of impersonation of an organization in emails or online
- 27% viruses, spyware or malware, including ransomware attacks
The findings also suggest that, where businesses have lost data or assets through cybersecurity breaches, the financial costs from such incidents have consistently risen since 2017. Among the 32% of companies recording cyber-attacks, had experienced a negative outcome, such as a loss of data or assets.
Fortunately for 2019, more businesses have taken the initiative to improve their online security. 78% of companies now consider their cyber or online security as a high priority for them.
An increased level of investment to increase their spending on cybersecurity which demonstrates that cybersecurity is maturing, and businesses are beginning to prioritize it.
Typically, a company’s data is worth several years or even decades. If that data is lost, not only would you deal with a huge fine, but it also loses a considerable part of the company’s value. If you don’t have a data backup and recovery solution, now’s the time to start considering the investment.
“Losing your files is more common than you think.” World Backup Day is a movement to promote data recovery in the Philippines and around the globe, as they found that 30% of people have never backed up, and 1 in 10 computers get infected with viruses in each month.
According to Clutch, 58% of businesses are not prepared for data loss and revealed that 29% of hard drive failures are caused by accident.
As losing your data is most likely bound to happen, it’s vital to safeguard your business and come prepared when that happens. This is why it’s critical to implement your data recovery system so you can retrieve your lost or stolen information.
What causes data loss?
Firstly, there are the accidental causes. Environmental disasters, power outages, and other IT malfunctions can lead to data loss. Hardware outages are the leading cause of data loss incidents, as cited by 47% of recent survey respondents.
Most often, your employees can cause data loss. A team member can accidentally delete files or deliberately expose your database, and if the business isn’t ready for such, the results can be devastating.
Lastly, the worst-case scenario is due to a cyber-attack. Some situations are computers getting infected by malware, a server that is hacked, or customer data that is exposed.
Many businesses lose millions of data each year. Moreover, data losses can result in distressing legal circumstances to the whole company and its employees.
What is data recovery?
Data recovery is the process of retrieving data from any storage media after data loss. It can be useful during unintentional file deletion, incorrect hard drive formatting, or system booting failures.
Since data loss is prevalent among businesses, it would be wise to consider data recovery options even before the problem occurs. As suggested above, a crash can be unpredictable, so better to plan ahead.
You can think of data recovery as a protective measure for potential technological risks in your company.
Other businesses approach data recovery and backup in a casual way; hence, they are not also able to thrive in their industries.
Depending on the situation, there are two ways to recover your data. In essence, you can invest in a data recovery software, or you could seek help from an IT Solutions provider in the Philippines.
Most data restoration should be consulted with the experts, especially when the software doesn’t have the capacity to solve complex data corruption.
More negative outcomes in the case of data losses, you also lose your resources, time, and money. Although a data recovery software can be a more cost-effective option, it is not a long-term solution, and doing it on your own might further corrupt the files, so you may still need to consult with IT experts in the end.
Planning and investing in a data recovery system can mitigate the impact of data loss and help your company get back to business as usual.
How to recover data?
If you suspect a data loss arose or your online security has been breached, ensure that your company adheres to your planned recovery strategy.
The installation of recovery software can help you repair databases and corrupted files, which may retrieve the data back to its place.
There are many data recovery programs that you can use, but it’s essential to check which is legitimate and has good feedback before applying it to your lost data.
In case lost data cannot be retrieved by the software alone, feel free to contact your local data recovery service for advice. Sagesoft Solutions Inc. offers high performing products and services for your valuable data recovery in the Philippines.