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When software experts mention the words “business disaster” or “disaster recovery”, many top business people think about natural, or weather, events, such as floods, hurricanes, fires, ice storms, earthquakes, tsunamis, wind storms, etc. These disasters can of course occur at a company and can have devastating repercussions, such as prolonged downtime, property damage, injuries and more. The likelihood, however, of such weather events are much less likely than technological and man-made events.

Technological and man-made disasters, including hardware failures, software malfunctions, user errors, security breaches, etc., can also have devastating effects on a business’ operations, causing downtime, data loss, lost productivity, lost revenue, delayed sales, increased expenses and more. One hour of downtime can cost companies anywhere between tens of thousands of dollars for small businesses to hundreds of thousands of dollars for large organizations!

It’s critical to know your Recovery Time Objective (RTO), which is your company’s maximum allowable downtime. How long can you go down and survive? If your RTO is seconds or minutes, then you better make sure you have a business continuity solution with off-site data storage.

Business Continuity ServicesMany businesses, without a proper business continuity and disaster recovery plan and solution, don’t recover from some disasters. So, before you think to yourself, “well we have beautiful weather here or we hardly ever get power outages, why should I pay for a Business Continuity Service?” – remember that your company is much more likely of falling victim to a ransomware attack, having an employee accidentally delete an important file or dealing with a malfunctioning server. No matter what sudden disastrous event occurs, you want to be protected. Ask yourself, is my company’s data worth risking? You may have gone the last 10 years disaster-free but can you truly guarantee that the next 10 years will also be free of crisis?

Business Continuity services for complete data protection

In our blog Business Continuity: A Much-Needed Insurance Policy For Your Data we mentioned the term “data insurance”. This is how our customers view their Business Continuity solution and service. They see it as an insurance policy in place to protect their company’s most important asset – their data! Companies are more and more willing to pay a monthly Business Continuity service fee to ensure that their data is 100% protected as well as easily and quickly recoverable. It’s useless to simply backup your data only to realize after a disaster struck that it takes DAYS to recover it all! Now that companies are using full management systems rather than keeping important information on paper, they realize the need for such a backup solution.

Don’t be Victim of Ransomware

QBR (Quick Backup Recovery) is a hybrid business continuity and recovery solutionWe all keep hearing about Ransomware. This type of security breach is currently a big problem for businesses, even individuals, all over the world. The likelihood of a company experiencing a ransomware attack is very high. This virus not only encrypts a company’s data but also demands payment for it to be unlocked. The governments discouraged victims from paying hackers since paying the ransom does not guarantee the release of their files.

There are many ways a company can fall victim to such a cyber attack. The most common are when computer users click on a bad link or download an encrypted email attachment. Other scams include phishing, baiting, quid pro quo, pretexting and tailgating.

Be prepared for any business disaster with Business Continuity

QBR NamtekQBR (Quick Backup Recovery) is a hybrid business continuity and recovery solution. It has the capability to store data both on premises and in the cloud. No human intervention is needed during backup. Virtual Machine snapshots are scheduled from the start at which point QBR can take snapshots at intermittent times throughout the day of the office servers and workstations to be stored on the QBR device as well as pushed off-site in the cloud. This off-site capability ensures optimal safety in case the QBR device gets damaged from a fire, flood, or other means on-site. During the restoration process, there are several options available to the business;

  1. File Restore: If the company needs to recover a specific file(s) from a specific VM taken at a specific time of the day
  2. Bare Metal Restore: If a company needs to restore a complete VM from the local device into a physical machine
  3. Export VM: If a company needs to restore the backup from the QBR device to HyperV or VMware format, so it can be deployed on a virtual environment.

With all of these options, a company’s data can be accessed almost immediately during a disaster. The whole point of a Business Continuity solution is to ensure a business remains operational, without any data loss, during a disaster.

Keep your business data safe from hackers and other disasters

It’s important to understand why total data protection is essential in today’s business world. Businesses are now run and managed with software systems so it’s important to ensure no downtime is incurred if something unexpected happens. Companies must not only protect themselves from natural disasters but also from technological and man-made events, which are much more likely of occurring. Reduce your risks with a Business Continuity solution and a solid disaster recovery plan.

When it comes to your business’ future, don’t take a chance! Look into the safest way to backup and restore your data with QBR.

Contact us today!

Total Data Protection Business Continuity Services

This post was updated to reflect current trends and information.

When we think about insurance policies, many of us think of the most common ones, such as health insurance, life insurance, automobile insurance and property insurance. We all know that the point of having any insurance policy is to protect your most important assets. For a company, what can be considered as important? I’d say their sensitive data! This is why I strongly urge business owners to have, what I like to call, “data insurance”.

“Data Insurance”

data-InsuranceWhat is “data insurance”? To our team at Namtek Consulting Services, it is a company’s Business Continuity and Disaster Recovery solution and plan. All of our customers, using our QBR Business Continuity solution and service refer to their monthly fee as their data’s insurance policy. They know that no matter what happens, their data is protected and easily recoverable. They are provided with real-time backups, email confirmations ensuring that all backups taken were successful, and quick recovery methods for their data during any crisis or disaster. Please don’t get this mixed up with those old backup tapes and drives. Read how Business Continuity differs from traditional backup and recovery methods.

To learn how Business Continuity works, check out these short videos on YouTube.

What do companies have to protect their data against?

There are many causes for data loss and downtime, which can include human error (accidental deletion of files or folders), natural disasters (fires or floods), power outages, hardware or software malfunction, and much more.

Ransomware

Another big threat to a company’s data is Ransomware Cyberattacks. This is considered as a growing concern in the today’s business world. Ransomware attacks are when hackers threaten companies (and even individuals) by holding their valuable data hostage and asking for a ransom in order to release their data back to them. Ransoms for individuals are usually around $500 USD but can go much higher for companies.

The ransom, in most cases, isn’t even the biggest problem to these companies. It is the downtime that they experience during this whole ordeal. Employees don’t have any access to the company’s data until they pay the ransom, causing operations to stop. By the time management opens up a bitcoin account, pay the ransom and receive the code to unlock their files from the hackers, a few days could have passed. Time is money. For many companies, this downtime could add up to a much higher dollar amount than the ransom itself.

Therefore, it’s critical to understand that ransomware affects companies in two major ways:

  1. The ransom itself, which can be upwards of tens of thousands of dollars for businesses.
  2. Downtime!

Unfortunately, the number of ransomware attacks has been increasing; hackers are realizing that not only can they target individuals, with a $500 USD ransom, but they can target all kinds of businesses, hospitals, universities, etc. in which they know the data at these places is considered to be extremely valuable to them. For Universities that do world-class research, like the University of Calgary, a higher ransom will be requested. Remember, hackers have no moral standards. They can increase the ransom as they please.

More and more, news outlets report successful ransomware campaigns that happen to individuals as well as companies, hospitals and universities.

Read: 2017-2019 Ransomware statistics and facts

 CBC News released a story about a ransomware victim who got his home computer seized by a malicious malware program and was asked to pay $800 CAD to get the code to unlock his files. He paid it right away because all of his family photos and wedding photos were held hostage.

The success rate of these cyberattacks are high due to the fact that hackers can’t get caught and they are continuously adapting to changing environments by altering the malware. On top of it, many people don’t think they’ll be a victim until they are, so they ignored expert advice to implement a Business Continuity solution and draw up a Disaster Recovery plan.

I’m here to tell you that, as a business owner, you definitely need to seek out security measures, like QBR Business Continuity, that will protect your data from these cyberattacks or any other crisis or disaster. It’s to protect you from the unexpected.

Key takeaways from Ransomware Cyberattacks:

  • EVERYONE can fall victim; from individuals, to small businesses to large enterprises
  • The more valuable your data is, the higher your ransom will be
  • There is no limit to how many times you get ransomware
  • Without a solid Business Continuity solution, once you pay the hacker, the virus remains
  • Traditional backup systems aren’t cutting it anymore for these sophisticated types of malware
  • Business Continuity saves companies from having to pay a ransom and from incurring any downtime. They can instantly rollback to the most recent time where all of their files were not infected.

 

Bottom line: Protect your data to keep operations running as usual

data-securityIn the end, what matters to every business owner, is how fast employees can get back to work or in other words, how quickly operations can resume, during all sorts of disasters or crises. Be it a fire, a flood, an ice storm (for all our fellow Canadians), a human error, a ransomware attack, or hardware malfunction, it’s important to be well protected. A company’s data is extremely valuable to their operations and it’s time business owners see Business Continuity services as their insurance policy. Our QBR customers can restore an entire server, an entire desktop or simply pick and choose a specific file they accidentally deleted. It’s that simple and truly that remarkable.

Business owners may think that the chances of them experiencing data loss or downtime are slim. It’s actually a lot more prevalent than one may think. According to Peer1 hosting, “90% of businesses unexpectedly lose access to their critical systems and one-third of them deal with downtime each and every month. The average downtime in the U.S. is 7.9 hours, and in Europe, businesses average 10.3 hours of downtime”. When this happens, and depending on the cause of downtime, these companies will suffer from loss of data and loss of revenue, amongst other major business impacts.

How much will 7.9 hours of downtime cost YOUR business?

Once you see an actual dollar amount linked to your downtime, you may start re-thinking having that “data insurance policy”.

Protect your company’s data and get some “data insurance”. Contact us about our Business Continuity service – QBR. You’ll have the peace of mind when it comes to your data’s safety.