A report from KPMG claims that 2009 will witness more data loss incidences than 2008. The consultancy firm stated that last year almost 92 million people were severely affected from data loss, making it the worst year on record to date.
The company also fears that due to the economic slowdown this number could rise to 190 million in 2009. KPMG’s Partner, Malcolm Marshall explained that several firms are going to face problems when it comes to website monitoring for data protection, as it is anticipated that IT budgets will drop significantly.
Marshall advised that it is important for businesses to determine where the data comes from, where the data gets stored, how the data is utilised and what should one do when data is lost. These questions can help to find answers which will help businesses both large and small with their preparations to combat and limit data loss. Such planning will also aid their growth and stability.
Data loss can be a serious problem for companies, making it vital to be cautious and alert. Online data backup services can help to retrieve lost data, which is why every company should utilise this facility.