Data loss crisis may rise due to the recession

With recession slowly unfolding, a top data firm believes that the number of data loss incidents will increase this year. The number of reported data loss cases last year is supposed to have been the worst ever, and apparently the number will rise as the year progresses. Another shocking revelation is the number of people that will be affected globally will double by the end of the year hitting 190 million.

The economic downturn is believed to be the cause of the many data losses. Many companies are facing financial constraints on their corporate IT budgets and this is what will make them vulnerable to data loss risk. This forecast has been supported by a survey from a consultancy firm, which concluded that ensuring information security would be a problem due to lack of resources.

Recently the Information Commissioner of the UK called for new and more effective methods that would make companies ensure adequate security of all the data they are managing.

It has been advised to companies to invest in a more effective means of storing data. This method can be found in the form offsite data backup. This is because these remote sites are efficient at encrypting and protecting data. It is not expensive to use an offsite data backup service; this makes it possible for everyone to have a data backup which can protect their data.

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