If your organization has poor network security, it can lead to data breaches and cyberattacks that result in extended network downtime, cost hundreds of thousands of dollars to repair your network and result in permanent network damage.
Additionally, if your organization becomes the victim of a cyberattack or data breach, sensitive data within your infrastructure may be corrupted or compromised. This can result in your organization losing all its sensitive data and never having access to it again.
Organizations can also lose access to data due to equipment failure, human error, or natural disasters. A data backup plan ensures that data backups are created in case their data is lost.
Coeo understands how important it is for organizations to protect their data and has helped thousands of organizations back up their data to avoid data loss caused by cyberattacks and data breaches.
By the end of this article, you will understand what a data backup plan is, the ways to create a reliable and cost-effective solution, and whether a data backup plan is the right strategy for your organization.
What is a data backup plan?
A data backup plan is a strategy designed to ensure that an organization’s data is regularly backed up and copied. This enables organizations to make copies of the data to ensure it is accessible even after a data breach or cyberattack occurs.
A data backup plan also ensures that data is backed up and safe during natural disasters or human error. Data backup plans can be critical to ensure business continuity by protecting sensitive data.
If you would like to speak with our team to learn more about data backup plans or ask any questions you may have you can schedule an appointment.
The ways to create a reliable and cost-effective data backup plan
A data backup plan may be a good solution to improve data security. However, data backup plans can also be expensive to implement with many initiatives and strategies involved.
For this reason, it is important to understand how your organization can implement a cost-effective yet reliable data backup plan. Some of the ways to accomplish this include:
Prioritize sensitive and important data
One of the easiest ways to create a cost-effective and reliable data backup plan is to prioritize the sensitive and important data that needs the greatest security. This way, only the most sensitive data receives the highest level of security.
This will highlight security priorities and help determine where to focus the most resources.
Prioritizing sensitive data and applying more security measures to them will help save money by not having to apply the same security measures to your entire data portfolio.
Reduce the amount of data
Another way to create a cost-effective data backup plan is to reduce the amount of data that needs to be secured and backed up. For organizations to have a cost-effective data backup plan, it is important to have a smaller amount of data.
The less data that is needed to be backed up, the less money it will cost.
Because of this, it is important that your organization takes inventory of its data and eliminates the data that is no longer needed to avoid paying to have unnecessary data backed up and secured.
Legal compliance with data availability
Legal compliancy has requirements for long-term record keeping when it comes to customer information or patient data.
If your organization must maintain compliance for long-term patient or customer data, this data must be securely managed and stored long-term costing additional dollars.
Similar to internal data that is stored on your network it is important to review patient and customer data and discard any data that no longer needs to be stored to avoid having to back up the data and securely store it.
Is creating a data backup plan the right solution for your organization?
Now you understand what a data backup plan is and some of the ways to create a reliable and cost-effective data backup plan.
However, it is also important to understand if a data backup plan is the right solution so you can determine if creating and implementing one will help secure your data and avoid data being compromised or corrupted.
If your organization has concerns about cyberattacks or data breaches corrupting or compromising sensitive data stored on your network, creating a data backup plan will ensure that your data can be backed up and accessed even after an attack.
A data backup plan is a good solution for your organization if you’re looking to implement a disaster recovery plan to recover data in the event of network or equipment failure, human error, or natural disaster.
However, if your organization’s data and customer or patient data are fully monitored and managed by a third-party network or cloud provider, you may not need a data backup plan since it is the responsibility of your provider to manage and maintain your data.
Implementing a data backup plan in your organization
Now you understand what a data backup plan is, the ways to create a reliable and cost-effective one, and whether a data backup plan is right for your organization.
This will help you determine if a data backup plan is something that will benefit your data security and enable you to regain access to your data even after an attack, network failure, or natural disaster.
No organization can afford to lose access to sensitive internal data or customer and patient data. This can lead to lost revenue, lost customers, and legal consequences if industry compliance is violated.
Creating and implementing a data backup plan can help you avoid losing access to sensitive data.
It is important to understand how to create a reliable and cost-effective data backup plan so you can execute a plan that is cost-effective while also achieving improved data security.
Coeo understands how important data security is and has helped thousands of organizations back up their data to regain access following an equipment failure, a cyberattack, or a natural disaster.
If you would like to speak with our team to learn more about data backup plans or ask any questions you may have you can schedule an appointment.
Now that you understand the ways to create a reliable and cost-effective data backup plan and whether it is the right solution for your organization, read this article to learn how disaster recovery can help back up its data and maintain business continuity:
