Many businesses we encounter do not have adequate backups. One business thinks the backups are functional. In reality, the backups are not working. Another business does not have an offsite disaster recovery plan. Some businesses know the backups are not working. The scenarios are endless.
Data is an asset
The data for a business is one of the business’s most valuable assets especially in a service business without a large asset base. The data contains the intellectual property, financials, contracts, employment agreements, etc. for a business. It should be treated as a valuable asset and protected accordingly.