A Look at Data Loss Statistics in USA – Updated

Bearing data loss is the worst situation businesses face. Loss of money, loss of information, loss of productivity, and loss of time are all included in this single entity. Businesses have their total dependency on the prepared data. Apart from the professionals, personal users save half their lives in computers, including audio & video clips, family photos, banking details, credit card information and much more.

Break Down of the 2015 Data Breach Statistics:

  • 1.9 million records compromised every day
  • 80,766 records compromised  every hour
  • 1,346 records compromised  every minute
  • 22 records compromised every second

Data Loss Stats

Below are some data loss statistics in USA:

  • A survey was done recently by Kroll Ontrack Inc. that reported that data loss has affected 74% organizations in the past two years. Moreover, it took many days for 32% organizations to recover from data loss, whereas other 16% never recovered.
  • In the USA, 140,000 hard drives encounter a crash every week (Mozy Online Backup), and every year more than 2 million laptops are stolen.
  • The cost to recover a crashed hard drive may exceed $7,500, and moreover, after paying this much, it is not guaranteed that the results will be successful or not.
  • If the data is lost, rebuilding it could cost over $17,000.
  • Estimation states that the value of 1MB data is approximately $10,000.
  • 60% of companies that lost the data will wind up within 6 months.
  • In a research done by Computer Economics, it was found that American business faced a loss of above $7.6 billion due to viruses in the first half of the year 1999.
  • According to Strategic Research Institute, companies that do not resume in ten days of disaster are unlikely to survive.
  • 30% of computer users have experienced data loss due to events that were beyond control.
  • In the 2009 SMB Disaster Preparedness Survey released by Symantec, it was found that in the past 12 months, the small and medium sized businesses had experienced 3 disruptions. The estimated cost of such outages was $15,000 per day on an average.

Data loss can be caused by hardware or software issues. Moreover, hard drive failure is the most common cause of data loss, demonstrated by 38% of data loss incidents.  Other causes include software problems, such as human errors, viruses, file corruption etc.

In case of lost data, one of the two outcomes is possible. Either data can be recovered or it is permanently lost. In fact, the permanent data loss takes place when new data is saved on the affected hard drive or device. In this case, the data stored on it may be overwritten and cannot be recovered.

However, today users express their gratitude to commercial applications and the experts who developed them. These software have reduced the risk of data loss to an unexpected limit. Users can repair a hard drive, volume/partition and recover data. Moreover, data can be recovered from a formatted drive or partition (only if it has not been used further) using the software. Now, accidental deletion, formatting etc., are not worth worrying. These applications are available over the web and can be found through an online order. Via – http://blog.backupify.com/2013/04/09/11-stats-on-data-loss-you-need-to-know/

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