6 reasons why every small business needs a data recovery plan

Almost all business owners have put up strict precautionary measures to prevent risk and financial loss. In the same way, they should be as aggressive to the matter of securing their data, in light of the modern online digital world. It is why an in-depth backup and disaster recovery plan is necessary to help combat security risks associated with data breaches and losses.

If you are among the percentage of business owners that have not considered a data recovery plan for your company, there are several reasons why you need to get on it immediately:

For the sake of your company’s reputation

Regardless of how small your business is, reputation management is always a worthy course. It is the kind of image you portray to your customers and prospects that keeps you growing from rank to another. You work so hard to keep up a credible reputation in the content you share and in customer service that you cannot afford to lose it, even as a small business.

Should you experience a security breach and lose sensitive information without a means of recovering it, your image becomes tainted people can no longer trust your brand to handle their sensitive data. The worst bit is that the internet is a place where information can go viral in seconds. For a small business, this kind of harm can be permanent.

To combat employee mistakes

People make mistakes all the time. In a business set-up, it is the human mistakes that mostly cause data leakages and errors. From spilling of liquids on devices and banging backup media and gadgets, to unsupervised activities online and clicking on suspicious links, your employees can mess up your security in an instant.

Because you cannot wholly control the activities of your employees, then you must anticipate the mistakes they will make. For this reason, you require a solid data recovery plan that will ensure business continuity even after a mess from an employee.

Investment opportunities

If you want people to find an interest in investing in your business, then you need a data recovery plan. Most investors today will not sign with a company that does not have a robust security measure, both physical and on the digital platform. Although you can get past convincing them that you will have a strategy in place, in the case that you do not, things will not go well for you.

In fact, should something happen and you lose a substantial amount of information, any negative feedback from unhappy clients may not be deleted after you’ve fixed the issue.  This means that you cut off prospect investors from investing in your business in the future.

Reduce downtime

So many reasons can cause data loss, including natural disasters like fire and storms. For top brands, they have a strong strategy that allows them to bounce back as soon as trouble knocks their door. What about you? Small businesses end up hurting the most when disaster strikes because they are not ready with the data recovery plan. The more time you are not operational after a disaster, the more losses you experience, therefore, to reduce the downtime, ensure your data recovery plan is as solid as ever.

Cybercrime is on the rise

At any point in your business life, you are susceptible to cybercriminal attacks. The nature of the digital space is in such a way that activities online can cause a significant data breach in your business. They have advanced in techniques as technology advances, which means you have to also advance in your security measures.

Ideally, without a data recovery plan, how else will you keep abreast of such a situation? It is why businesses utilize services such as ottomatik.io offering MySQL backup to ensure that at least their MySQL databases are well-secured.

Your competitors are doing it

For any business, competition is key. As your competition keep you on your toes for profit margins and target audiences, ensure you are at per when it comes to data security measures. Without a data recovery plan, any hit that comes for businesses in your industry will take you down and leave your competitors on the run. As you lag, they are up and about winning all your customer base to themselves. As a small business, you cannot afford to fall out of the race because there are giants in your industry who will take up all the market and leave you with dead stock and huge losses that you cannot operate a company anymore.