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Data Loss
Quotes and Statistics
Corporations have steadily moved critical applications and data from the mainframe to servers, and now to desktop and mobile PCs. In fact, in a recent IDC report, more than 300 million business PCs have a combined 109,000 terabytes of data that is not backed up regularly and, "as much as 60% of corporate data resides unprotected on PC desktops and laptops."
Source: IDC analyst Cynthia Doyle



Of those companies participating in the 2001 Cost of Downtime Survey:
•
46% said each hour of downtime would cost their companies up to $50k
• 28% said each hour would cost between $51K and $250K
• 18% said each hour would cost between $251K and $1 million
• 8% said it would cost their companies more than $1 million per hour
Source: 2001 Cost of Downtime Survey Results

Miscellaneous stats about computer data loss:
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A hard drive crashes every 15 seconds
• 31% of PC users have lost all of their PC files to events beyond their control
• 32% of data loss is caused by human error
• 2,000 laptops are stolen or lost every day
• 25% of lost data is due to the failure of a portable drive
• 44% of data loss caused by mechanical failures
• 15% or more of laptops are stolen or suffer hard drive failures
• 1 in 5 computers suffer a fatal hard drive crash during their lifetime
• The overall average failure rate of disk and tape drives is 100% - all drives eventually fail
Stats about business backup practices:
•
40% of Small and Medium Sized Businesses don't back up their data at all
• 60% of all data is held on PC Desktops and laptops
• 40 - 50% of all backups are not fully recoverable and up to 60% of all backups fail in general
• One-third of all computers sold are notebooks
• Mobile workers in North America have represented the majority of the workforce since 2003

Stats about the cost of recouping data:
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It takes 19 days and costs $17,000 to retype 20 megabytes of sales data
• The same volume of accounting data takes 21 days and costs $19,000
• Recreating data from scratch is estimated to cost between $2000 and $8000 per MB
• Insurance of business data is expensive, and in certain countries, insurance companies will not insure data
• 60% of companies that lose their data close down within 6 months of the disaster
• 72% of businesses that suffer major data loss disappear within 24 months

A national Harris Interactive survey of 597 computer users reveals:
•
Nearly three out of five personal computer users have lost an electronic file they thought they had sufficiently stored
• One in four users frequently back up digital files, even when 85 percent of computer users say they are very concerned about losing important digital data
• 82 percent keep a hard copy of important documents they've also saved electronically
• Thirty-seven percent of the survey's respondents admitted to backing up their files less than once per month
• Nine percent admitted they have never backed up their files
• More than 22 percent said backing up information is on their to-do list, but they seldom do it
Source: Realty Times
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