Small businesses may think the cost of protecting data is high, but doing nothing can be far more expensive.
No matter the size or scope of the business, everyone is reliant on data to get the job done. That is why every business –big or small– needs a data-security-best-practices plan. If your company’s data is lost, the cost to recover or recreate it can be insurmountable for small operations.
“It doesn’t really cost a lot” for companies to protect their data, says David Zimmerman, chief executive of LC Technology International. “It could be thousands of dollars to recover the data if the recovery is successful at all.”
Small businesses owners have seen enough news about data breaches to know they need to keep sensitive information secure from hackers. But many don’t take time to put IT security best practices in place, and fail to protect their data from a hard drive crash or computer meltdown. If the data isn’t backed up it can take days or even weeks to be up and running, which could mean the demise of many small businesses. That’s why experts say you need a good data protection plan in place that combines both on-site and off-site backups.
via Data Security Best Practices | Fox Small Business Center.
Nice blog. I am agree with you. I think cost does not effect on small business budget to secure data.