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According to research by the University of Texas, only 6 percent of companies suffering from a catastrophic data loss survive, while 43 percent never reopen and 51 percent close within two years.
Gartner estimates that only 35 percent of SMBs have a comprehensive disaster recovery plan in place.
International Data Corp. estimates that companies lose an average of $84,000 for every hour of downtime. According to Strategic Research, the cost of downtime is estimated at close to $90,000 per hour.
According to a recent NFIB National Small Business Poll, man-made disasters affect 10% of small businesses, whereas natural disasters have impacted more than 30% of all small businesses in the USA. Hurricanes are by far the most destructive force causing power failure, flooding, customer loss, and the closure of many businesses.
According to a recent Touche Ross study, the survival rate for companies without a disaster recovery plan is less than 10%!
According to analyst firm IDC, about 70% of all successful attacks on computer networks were carried out by employees and insiders.
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