Step 4: Back up your data
In the data-driven, data-rich world that defines today’s business environment, your organization’s data is more precious than ever. Data is an essential driver of innovation, growth, productivity, insight, and more, and it impacts every corner of a business.
That being said, data loss threatens the core of your business. It can happen as the result of a breach but it can also happen during cloud migration projects. The business implications are enormous, ranging from loss of intellectual property to loss of customers and/or partner confidence, not to mention the hit you could take in productivity due to down time.
Backup solutions need to adapt quickly to change. Managers need to be able to quickly restore operations after a threat or breach. According to an IBM study, data breach costs are on the rise and the financial impact is usually felt for years. The average cost is a staggering $4.24 million, with much of that cost associated with resolving cyber-criminal attacks. Remedying this requires a single management interface, which allows organizations to protect their data and manage various restoration schemes easily and in a timely manner.
That points directly to the underlying importance of performing data backups at critical moments during the cloud journey. Old technologies don’t provide the modern data protection capabilities that enable managers to recover from disaster.
When every minute of downtime results in business losses, a disparate collection of dashboards from different cloud services will not do. Managed Cloud backup brings it all together through a single pane of control so data protection – including data backup – is simplified.