The global average cost of a global breach in 2020 was USD $3.86 million or $141.00 per data record.Here are just a few data statistics that are eye openers. There are countless statistics on what data loss can cost but the loss is dependent on the size of the organization, the industry, its location, and the reason for the data loss.
The answer to this question has coined the expression: when it comes to data loss, it is not a question of if it will happen, but rather when it will happen. 71% of ransomware attacks targeted small businesses in 2018.In 2019, 28% of breaches involved Small Business Victims.Between October 2018 through October 2019, 63% of SMB organizations experienced an incident involving the loss or theft of sensitive information about customers, target customers or employees.18.5% of SMB owners have suffered from a cyberattack or data breach within the past year.That is a lot of ways to lose data! What are the chances that one of these events will happen to your client over the next month? Here are some statistics that answer that question. Accidents such as spills, dropping a laptop, etc.These are just a few of the ways that data can be lost but there are at least nine ways that result in data loss: A user unknowingly clicked on a link attached to an email and a message appeared on the screen demanding payment of $10,000 for the data.A fire destroyed one of their offices and all was completely lost, including their systems and on-site tape backups.A disgruntled employee deleted the company’s customer database along with the local backup.How to explain the importance of data recovery to your client?įirst, walk your client through a few scenarios about how data is lost and how long it would take them to recover if:
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