With the explosion of Cyber Security incidents around the world, it is surprising to know that 60% of businesses are at risk of being shut down because they are not properly securing their data.  It’s even more surprising to know 65% of companies who purchase costly cyber insurance policies will never be able to collect in the event they experience a ransomware attack.  The reason?  They are out of compliance with the guidelines of the policy that require their data be securely and remotely backed up.  If you’re still considering whether to invest in a Back Up Disaster Recovery Plan (BUDR), think about how a cyberattack can impact so many different aspects of your business:

Brand Recognition

Will your customers’ trust be broken when they can’t reach anyone at your company or if they can’t receive prompt service because your systems are down?  Will they continue to do business with you if they believe their personal data or credit cards are at risk?

Sales

Can your sales team work remotely without access to your phone system, network and applications?

Delivery of Products or Services

Even if your sales team can continue selling, can the rest of your team deliver your goods or services reliably if your network is down?

Marketability     

If you are looking to sell your business, how attractive will your business be to potential buyers if you can’t demonstrate your data is secure?

If you’re concerned about any or all of these aspects, you should work with a Technology Broker who can help you identify what kind of Back Up Disaster Recovery (BUDR) plan is right for your company and who can quickly connect you with top-tier providers who are the best match.

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