Ebuzznet

Web Design and Blogging

  • HOME
  • SEO
  • TECH
    • ANDROID
  • BLOGGING
    • DEALS
    • REVIEWS
    • MAKE MONEY
  • WEB DESIGN
    • WORDPRESS
    • THEME
  • SOCIAL
    • FACEBOOK
    • TWITTER
    • LINKEDIN
  • BUSINESS
  • CONTACT

How Data Loss Can Affect SMEs

Home > Small Business > How Data Loss Can Affect SMEs

Many small to medium-sized enterprises (SMEs) may be unaware of the impact data loss can have on their company. According to a data breach preparedness study by Experian, SMEs may struggle to survive if they became the victim of a six-figure breach.

We are therefore looking at the biggest causes of data loss so you can take the appropriate steps to secure your data.How Data Loss Can Affect SMEs

Hard Drive Failure

One of the biggest threats to your data could be a hard drive failure, which could be due to an ageing drive, data corruption or the click of death. If you experience unusual noises, blue screens or a slow performance, it is worth backing up your data so you do not lose important documents, audio files and photos, which you may need to help grow your company. Fortunately, if you do experience a hard drive failure, you can turn to Secure Data Recovery, who can provide an effective data retrieval service to potentially recover some or all of your lost data.

Accidental Deletion

It can take time and hard work to create a professional business document, and just a matter of seconds to delete it from your files. You will, therefore, need to take steps to recover deleted files on the likes of Microsoft Word or check your recycling bin. Again, you can always turn to a data retrieval service if you cannot locate a file.

Ransomware

You may have heard of ransomware, which seems to be all over the news right now. Unfortunately, ransomware is becoming a common problem for companies across the world. As many large organizations have the finances and the talent to protect their data from cybercriminals effectively, many hackers are now turning their attentions to SMEs, as they often lack the protections of their larger counterparts.

Cyber criminals can, therefore, target vulnerable aspects of a company’s IT infrastructure to not only hack but take control of company data. The ransomware software can lock the computer from the user, requesting a financial transfer to unlock a company’s important data, which can include anything from customer, client and employee’s financial and personal information, as well as their analytics and documents.

Sadly, the ransom can cost SMEs a significant amount of money, and a business may be unable to recover financially from the attack or may struggle to recover from the lack of productivity. However, if a company chooses to back up their essential data on an external source, they can simply restore their computer and upload their documents, so it will not affect a company’s productivity or finances.

A company has a moral and legal responsibility to maintain their sensitive data effectively. Unfortunately, a loss of customer, employee or client information can offer serious legal and financial repercussions for a business owner. Unfortunately, ignorance is a fruitless defence in the eyes of the law, so it is essential you successfully store important information for the required period and securely dispose of confidential information.

So, to protect your company, adhere to your legal obligations and preserve your finances, it is important to successfully store your computer and recover any lost data as soon as possible.

 

Filed Under: Small Business Tagged With: Data Loss

About the Author

Tech and Small Business Blogger

How to Update TomTom Map


Update TomTom Map for Free

Making More Of Your At Home Business: The Things You Can Do

How to Find Your True Business Voice

Gail-Indian Speedstar – An Initiative to Strengthen the Sport of Athletics

How Teachers Can Take Advantage Of The YouTube To Mp3 Converters

Terrific Techniques for Facebook Advertising

5 Websites With The Most Traffic In 2012

Hosted Exchange: Not Just for the Little Guy Anymore

Staying on Track

Samsung Galaxy S3 Mini Is A Great Multitasking SmartPhone

Essential Tech Considerations For Financial Service Firms

Importance of SEO in Small Business

3 Reasons To Use A Guest Posting Service

How to Migrate your WordPress Website to The New Host?

Don’t Have A Cash Flow Catastrophe!

5 Tricks To Learn From The Indian Startup – PortraitFlip

An Apple That Changed the World

Three Ways To Help You Be A Top Blogger

The Significance Of CBAP Certification In Business Analysis

Why Are So Many Young Entrepreneurs Achieving Online Success?

Ready To Launch Your Brand? Here’s 5 Things You Need To Know Before You Begin

How to Save Efficiently with Coupons in this Digital Age

HOT A Camera Comparison – Sony Xperia Z Vs. Other Top Phones

How To Register A Domain Name Yourself?

Just what is Bandwidth and How Important is It?

3 Rules for Designing Your PowerPoint Presentation

Run Your Home Based Business Like A Pro With This Brilliant Technology

The Big Benefits Of SEO

The World Of Video Games

4 Common Errors Made By Rookie Bloggers

Top 5 Action Cameras for Bikers

Recipe Manager App for iOS Devices

Recipe Manager App for iOS Devices/

Ebuzznet, All Rights Reserved Web Design and Blogging | Free Blog Setup | Write for Ebuzznet | About Us | Contact Us | Privacy Policy | Disclaimer