By Dan Tully, executive vice president, Conduit Systems
According to a 2009 National Archives and Record Administration report, 93 percent of companies that lost data for 10 days or more, filed for bankruptcy within one year, and 50 percent of those companies filed for bankruptcy immediately. Disasters can strike at any time, and in any form. Power failures, floods, hurricanes, earthquakes, snow storms, data breaches, and human error are just some of the ways that a business can be seriously affected. The up-front and hidden costs of downtime to repair your business can be just as devastating.