Data Recovery White Paper 003

Facts about Data Loss

“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. (Source: National Archives and Records Administration in Washington.)

Key causes of data loss:

· 78% Hardware or System Malfunction

· 11% Human Error

· 7% Software Corruption or Program Malfunction

· 2% Computer Viruses

· 1% Natural Disasters

· 1% Other

http://www.ontrack.co.uk/datarecovery/dataloss.asp

Of those companies participating in the 2001 Cost of Downtime Survey :-

· 46% said each hour of downtime would cost their companies up to $50,000

· 28 percent said each hour would cost between $51,000 and $250,000

· 18 percent said each hour would cost between $251,000 and $1million

· 8 percent said it would cost their companies more than $1million per hour

(Source: 2001 Cost of Downtime Survey Results, 2001.)

At what point does loss of data threaten the survival of a business?

· · 40% of companies in the Cost of Downtime Survey said 72 hours

· 21% said 48 hours,

· 15% said 24 hours

· 8% said 8 hours

· 9% said 4 hours

· 3% said 1 hour

· 4% said within the hour

(Source: 2001 Cost of Downtime Survey Results, 2001.)

A national Harris Interactive survey of 597 computer users conducted for Imation, Corp., reveals:

· “Nearly three out of five personal computer users have lost an electronic file they thought they had sufficiently stored.”

· “One in four users frequently back up digital files, even when 85 percent of computer users say they are very concerned about losing important digital data.

· “82 percent keep a hard copy of important documents they've also saved electronically”

· “Thirty-seven percent of the survey's respondents admitted to backing up their files less than once per month.”

· “Nine percent admitted they have never backed up their files”

· “More than 22 percent said backing up information is on their to-do list, but they seldom do it. “

Among home computer users who backup information:

· “68 percent save the things most important to them in multiple places, the hard drive as well as removable media such as floppy disks (79 percent) compact disks (CDs, 58 percent). “ Reality Times http://realtytimes.com/rtcpages/20020920_computing.htm

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