Losing valuable data is one of our worst nightmares. Many times people have lost their data, either due to a device malfunction or human error. Over the past few years data loss has been one of the biggest problems faced by many organisations.
As per a recent survey carried out by KPMG, the results were far more shocking. This survey revealed that more than 280 million people have been affected worldwide in the past three years. There have been a significant number of cases in the UK alone. Many of the private organisations as well as government organisations have lost their valuable data.
This survey also revealed that amongst the registered cases; 46% of people were not having a password protection or any kind of encryption.
Surprisingly, health care and education bodies topped in the list of vulnerable sectors, with financial services next worst. Up to June 2008, more than 1000 separate incidents have been reported.
Malcolm Marshall, a partner with KPMG, had recently commented on this report. He said that these data loss incidents pose serious threat to most organisations across every business sector. With such incidents the customer’s trust can be damaged very seriously. It also creates a bad impact on the brand reputation value.
By having online data backup and online data storage service, companies can easily avoid such incidents.