Reason why data is lost.......

• Computer or System Malfunctions (40 percent)
  
  
• Human Error (29 percent)
  
  
• Software Corruption (13 percent) 
  
  
• Theft (9 percent)
  
  
• Computer Virus (6 percent)
  
  
• Other (3 percent)

Statistics on what happens when your data is lost.....

• 30% of all businesses that have a major fire go out of business within a year. 70% fail within five years. (Home Office Computing Magazine)
  
  
• 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)
  
  
• Companies that aren't able to resume operations within ten days (of a disaster hit) are not likely to survive. (Strategic Research Institute)  
• Simple drive recovery can cost upwards of $7,500 and success is not guaranteed.

At a conservative estimate, data loss costs US businesses over $18 billion. This is a significant increase since the last estimates of 1999. (The Cost Of Lost Data, David M. Smith, Ph.D.)

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