Data ManagementThe loss of company data is the single biggest threat to SMEs. However, less than 45% of business owners are actively involved in defining and implementing robust Data Management practices that ensure their most valuable asses is protected. More and more business owners are taking an active role in ensuring their data can be restored in the event of a disaster and are no longer delegating this activity. People often define a disaster as a flood, fire, or earthquake. However, a disaster is any event that renders a company’s IT system inoperable. A simple hard drive or network card failure can mean no email or access to business applications for a prolonged period of time. SMEs need to be aware of the IT risks to their business and put plans in place to mitigate those risks. Considerations before implementing a Data Management Policy: • What is the critical data? Email? Financial? Production? HR?
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