Dats Loss Survey
Data Loss Facts:
businesses lose over $12 billion per year because of data loss.
- Hardware or system failure accounts for
78% of all data loss.
- Human error accounts for 11% of all data
- Software corruption account for 7% of
all data loss.
- Natural disasters account for only 1% of
all data loss.
- More vital data is being stored in
- Instant access to electronic data has
become more crucial in day-to-day business.
- Disaster prevention and recovery plans
are often overlooked or outdated.
- Backup tools and techniques are not 100%
- 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 & Records Administration in Washington)
- File corruption and data loss are
becoming much more common, although loss of productivity continues to be the major cost associated with a
virus disaster. (Source: 7th Annual ICSA Lab's Virus Prevalence Survey, March 2002)
- The average company spends between
$100,000 and $1,000,000 in total ramifications per year for desktop-oriented disasters (both hard and soft
costs.) (Source: 7th Annual ICSA Lab's Virus Prevalence Survey, March 2002)
- In addition to being more prevalent,
computer viruses were more costly, more destructive, and caused more real damage to data and systems than
in the past. (Source: 7th Annual ICSA Lab's Virus Prevalence Survey, March 2002)
- Of those companies participating in the
2001 Cost of Downtime Survey: 46% said each hour of downtime would cost their companies up to $50k, 28%
said each hour would cost between $51K and $250K, 18% said each hour would cost between $251K and $1
million, 8% said it would cost their companies more than $1million per hour. (Source: Ontrack - 2001
Cost of Downtime Survey Results, 2001)
- At what point is the
survival of your company at risk? 40% 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: Ontrack - 2001 Cost of Downtime
Survey Results, 2001)