![]() Putting all of your data in the same type of storage solution can also improve your RTO. Generally, the more streamlined your data backup strategy is, the faster your recovery time will be. This is entirely dependent on how robust your data backup is and how much data you need to recover from it. RTO, or recovery time objective, is the time it takes for your business to restore its data from a backup. Choosing to back up more frequently can thus help reduce data loss risks. ![]() If you backup your company’s data once a week, for example, you potentially could lose a week’s worth of data. This can also translate into the amount of data that may be at risk in the event of a data loss. ![]() RPO, or recovery point objective, is the amount of time between your routine data backups. When creating or reassessing a company’s data backup approach, there are few concepts business leaders should familiarize themselves with: There are also backup services companies can use to outsource their data backup strategy altogether. For example, there are also smaller storage methods like removable media like USB flash drives or external hard drives that you might encourage remote employees to use to protect their data. While 93% of small businesses use cloud-based backup solutions, there are many options for risk professionals or IT leaders to consider. A data backup is an archive or copy of a company’s information, sensitive or otherwise, and presents a critical part of any enterprise’s disaster recovery plan, especially in the event of a data loss. Data loss can come in many forms, including physical theft, hard drive failures, simple human mistakes, and ransomware attacks. Given the range of potential risk scenarios, risk professionals and business leaders assess their backup strategy as part of all disaster preparation and response plans. As tomorrow’s World Backup Day should remind us all, there is one risk mitigation measure every company should have in place and regularly reevaluate: a data backup strategy.
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