General Consultant Discussion

Some interesting statistics I came across that we can all probably identify with. 93% of companies that lost their data center for 10 days or more due to a disaster, filed for bankruptcy within one year of the disaster. 50% of businesses that found themselves without data management for this same time period filed for bankruptcy immediately. (National Archives & Records Administration in Washington) *1/3 of all SMB's don't test their backups 94% of companies suffering from a catastrophic data loss do not survive - 43% never reopen and 51% close within two years. (University of Texas) 30% of all businesses that have a major fire go out of business within a year and 70% fail within five years. (Home Office Computing Magazine) 77% of those companies who do test their tape backups found back-up failures. (Boston Computing Network, Data Loss Statistics) 7 out of 10 small firms that experience a major data loss go out of business within a year. (DTI/Price waterhouse Coopers) 96% of all business workstations are not being backed up. (Contingency Planning and Strategic Research Corporation) 50% of all tape backups fail to restore. (Gartner) 25% of all PC users suffer from data loss each year (Gartner)

In my experience, the last two bullet points are way worse than 50%/25%....

Just in time for Halloween!!!!

85% of the IT people who claim to be protected from Crypto type malware are cleaning it off their network within 6 months

I think some of these statistics date back to prior to the rise of RansomWare. We've seen our disaster recovery industry complete pivot the marketing message away from hurricanes & fires and focus almost exclusively on this issue as it seems so much more rampant.

I am working with a client that is a small $ 60 M portion of a larger conglomerate; their organization uses the IT Division that is shared by many other companies. They in turn have moved their data off site to a Data Center. In October, my client was hit with Crypto Type Malware, and were without their business applications (Sage, Manufacturing, CRM, Email, VOIP) for 6-business days. Although I don't know all the details (they did not involve me); I understand they payed the ransom.