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Natural Disasters

Hardware Faliures


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Disaster Recovery Facts

  1. 60% of companies that lose their data will shut down within 6 months of the disaster.
  2. 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.
  3. Companies that aren't able to to resume operations within ten days (of a disaster hit) are not likely to survive. (Strategic Research Institute)
  4. 30% of small businesses admit they have no formal and storage procedures, or do not implement their procedures consistently. (Imation’s Small Business Survey Special Report)
  5. 55% of small businesses rated themselves as fair or poor in terms of having a documented disaster recovery plan, or do not have one at all.
  6. Review and evaluation of data backup and storage procedures is not a common practice among small businesses.
  7. 31% of PC users have lost all of their files due to events beyond their control.
  8. 34% of companies fail to test their tape backups, and of those that do, 77% have found tape backup failures..
  9. 30% of all businesses that have a major fire go out of business within a year. 70% fail within five years (Source: Home Computing Magazine)
  10. Hardware or system failure accounts for 78% of all data loss - Human error accounts for 11% of all data loss - Software corruption accounts for 7% of all data loss - Natural disasters account for only 1% of all data loss.
  11. 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. (Ontrack - 2001 Cost of Downtime Survey Results, 2001)
  12. A single incident of data loss costs business an average of $10,000. (Price Waterhouse Coopers Survey)

Don't Become One Of The Above Statistics!