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Community Blog Why Is A Database Backup Essential for Enterprises?

Why Is A Database Backup Essential for Enterprises?

In this post, we will provide a brief overview of how Database Backup is Essential for Enterprises

In this digital significance era, all our lives and businesses are controlled by the intangible force of the digital world we are involved with all the time. However, this kind of engagement and data exchange online also leads to multiple cybercrimes and data thefts.

These kinds of data breaches can affect your business's sensitive data, maybe even people's private sensitive data. Breaches of this nature usually impact bigger enterprises since they have sensitive data that can largely impact them and their businesses. However, nowadays, these breaches and crimes are also affecting medium-sized enterprises. The use of database backup can prevent this. This will prevent your company from losing out on significant data.

What is Data Loss, and how is it caused?

It was discovered that around 29 percent of businesses that have been victims of cybercrime and loss of data had faced revenue loss, with a large percentage (40%) losing over 20 percent of their total revenues.

This magnitude of revenue loss is quite impairing to the company. Additionally, it was discovered that most businesses that have been victims of cybercrimes or data breaches had to be open to public scrutiny. They suffered a loss in customer loyalty, customer trust, and other reputation related areas. This leads to many of these companies that have been victims to lose out on significant business and suffer losses.

What are how such Cyber-attacks or Data Breaches are perpetrated?

With the ubiquity of malicious software and hackers, data breaches and cyber-attacks are being reported increasingly. While these are the most common and known causes of data breaches and cybercrime, these are not the only sources. Some of these are:

  1. Viruses, Hackers, Ransomware: These days, with rampant reporting of cybercrimes, hackers, and ransomware are amply reported and make headlines and cautioned against. However, old-fashioned viruses are still affecting businesses by causing large scale data breaches and cyberattacks. With the evolution of high-quality anti-virus and anti-malware software, the situation can be handled; however, it cannot be completely prevented from all data threats.
  2. Physical Disasters: With all the manufactured and commonly known viruses, ransomware, etc., and hackers, we often overlook the conventional physical threats that important data is exposed to. A fire, flood, or other types of natural disasters can completely wipe out and destroy all physical copies of your important and cause huge losses to your business. Additionally, if you do not have extra copies of your data, occurrences such as thefts can lead to significant data loss. Therefore, it is of utmost importance to backup all your data and make multiple copies safe.

What is Data Backup?

Data Backup, in laymen's terms, is the backup of your files from your computer that may contain significant or sensitive information that should not be lost due to various reasons. Usually, most computers or other backup technologies vouch for their product and efficiency; however, not all backup systems are the same in quality and use. As a result, it is advisable to follow certain steps to backup your data, especially since it is for a big or medium enterprise. These are:

  1. You should keep multiple copies of your data (at least 3) in different online/offline locations so that a mishap does not destroy all copies.
  2. You must store the data in (at least two) different formats (i.e., online cloud, disk, pen drive, hard disk, etc.)
  3. You should also make sure to keep at least one copy in an unusual/unknown location so it is not affected by theft, fire, or any other natural disaster.

Ways to Backup data and Other Tools!

Data backups can be done in multiple forms as is convenient to you. However, important data should be backed up in more than one format if one format is destroyed and you have no other recourse. For example: If a fire breaks out and all your copies of backed up data are destroyed in the fire, you can recover nothing. Some common ways to backup data are:

  1. Local and network Backups: The simplest and oldest way to backup data is by storing copies of significant files on tape drives, hard drives, or other storage devices connected to your network and systems. Beyond this, it is also advisable to backup your data to USB flash drives, external hard disks, or other external devices attached to individual devices that can help you transfer data to the network and are locally available are also a good resort to store and protect data. This is to say it is essential to secure multiple backups that are not just locally available in a natural disaster, fire, or theft.
  2. Cloud Backups: With the evolution and growing use of digital resources, most big and medium companies nowadays are shifting to cloud storage backups. Either they back up their data, or they run their systems and software remotely. These are not exceptions and have been practised for a while now. Cloud backup is secure and ensures that you can access data despite your local system's malfunctions or backup. Thus, Cloud storage backup becomes an online offsite copy that is easily accessible via an internet connection wherever you are. Additionally, they also provide redundancy security for businesses that want to ensure that their data is important data is available if and when required.

Cloud storage and online file storage, however, are not the same. Most businesses use technology life dropbox, google drive, or other online storage websites to store backup copies of significant files.

Simultaneously, these are convenient ways to store and share important data; these are not actual cloud backup services. Real cloud services allow additional automatic backups on entire systems, store various versions, and are huge reserves according to your needs.

It is important to remember that backing up data is significant to all businesses and data, and multiple backups must be made instead of just one to be safe. These backups can save your company from huge revenue and other losses due to mere negligence.

I would recommend choosing MySQL Backup Service and Vinchin Backup ＆ Recovery to scheduled and automate MySQL and VM backups with easy restoring.

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Hiteshjethva

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