There are many reasons that businesses and their IT teams may weigh up the option to backup and protect data with an inhouse solutions versus outsourcing data backup.
Continue readingData insurance is a great way to safeguard your company from data breaches and any other form of lost data, especially if the data in question is sensitive and valuable. Data insurance (or cyber-insurance) is becoming more prevalent and can be directly related to the increase in the amount of data that we store in the cloud, and the importance we place on the security of this data. It is a very significant component to include in a company’s business continuity or disaster recovery plans. Taking out a monetary insurance policy against the potential financial implications of data loss can soften the blow if tragedy strikes.
But just taking out a cyber-insurance policy is not enough to protect your company against the repercussions of data loss. Data insurance is just one aspect of protecting against a data disaster. There are other factors to take into consideration when protecting data.
When insuring your company against data loss, the types of events that could lead to it are categorised:
Most companies are not aware of the true damage that data loss can inflict. Monetary loss is par for the course during times of business downtime, legal battles, statutory fines, to name a few. It is surprising how quickly inaccessible or missing data can ruin a company.
Aside from the financial implications, the reputation of a company can be damaged, especially if the organisation handles very sensitive customer data. It can lead to long term loss of business, and this can be very difficult to recover from. While data insurance is probably a good idea, it is perhaps best to consider alternatives to better safeguard your data. Cloud-based backups can be an all-encompassing solution that prevents reputational damage, business downtime and permanent loss of data. It is good to be insured, it is better to be prepared.
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There are many reasons that businesses and their IT teams may weigh up the option to backup and protect data with an inhouse solutions versus outsourcing data backup.
Continue readingCyber-criminals are increasingly viewing education institutions as easy prey. No surprise then that the UK’s National Cyber Security Centre (NCSC) recently warned of a spike in the targeting of schools, universities and colleges.
Continue readingThe majority of Google services went down yesterday, leading to widespread disruption all around the world. Users were left waiting for almost an hour before hearing they could regain access.
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