Backup Beginner series: 4 Common Data Backup Myths

Introduction:

Data backup is crucial for modern businesses’ cybersecurity and disaster recovery strategies. However, there are common myths that can lead to inadequate protection. In this blog, we will debunk 4 common data backup myths, providing insights to help businesses effectively safeguard their data. By dispelling these myths, businesses can make informed decisions and ensure operational resilience in the face of potential threats.

Myth 1: Data Backup is TOO EXPENSIVE

One prevailing concern is the misconception that data backup is prohibitively expensive, making it difficult for businesses to afford a suitable solution. However, the impacts of data loss can be far-reaching, leading to downtime, decreased productivity, disrupted revenue streams, regulatory penalties, and damage to your reputation.

In most cases, the overall cost of these setbacks exceeds the investment in a reliable backup solution. Depending on the specific plans chosen, small and medium-sized enterprises (SMEs) can anticipate paying only approximately $16 to $32 per gigabyte (GB) per month for comprehensive backup solutions. For lower-level data backup, the average cost is around $8 per GB per month [1]. While corporates incur losses of almost $140,000 per minute because of phishing attacks, which are one of the most prevalent cyber threats [2]. This shows how important it is for businesses to have a strong data backup solution to protect themselves from costly consequences of phishing attacks.

Myth 2: ANY cloud data backup solution will protect against ransomware attacks

Another misconception is that any cloud data solution can effectively combat ransomware attacks. As a result, businesses may mistakenly opt for the cheapest plan without considering the specific features and capabilities required to protect against such threats. However, it is crucial to note that only “immutable” cloud backup solutions can truly safeguard your data from cyberattacks. Real-time data syncing can potentially lead to ransomware infecting both the data and its backups. Therefore, it is essential to choose a backup solution that offers immutability to ensure the highest level of protection for your data.

Myth 3: Data backups are only safe if servers are managed IN-HOUSE

Another common belief is that data backups are only secure when servers are managed in-house, and backing up data on cloud servers is deemed insecure. However, it’s important to recognize that security standards at cloud data centers are exceptionally high and often difficult to replicate internally. While onsite data backup servers can be beneficial for quick recovery and in the event of internet outages, they should not be the sole backup and disaster recovery solution. Cloud data backups are typically managed within extremely secure and compliant data centers by major tech vendors.

Myth 4: Cloud data breaches indicate that data in the cloud is UNSAFE

It is important to note that the majority of cloud data breaches are caused by human error rather than a lack of security measures by cloud vendors. Misconfigurations, user errors, compromised user credentials, and inadequate data access policies are common factors contributing to cloud data breaches. However, when cloud data backups are properly configured and managed, they can offer significant advantages as part of an offsite data backup and disaster recovery strategy.

By dispelling these myths, businesses can make well-informed decisions regarding their data backup strategies, thereby ensuring the security and accessibility of their critical data. One of the possible way is to subscribe to an all-rounded Backup-as-a-Service solution from a trustworthy managed service provider.

Why SuperVault

SuperVault is a professional, reliable, and secure BaaS solution that minimizes the risk and impact of cyberattacks on your business, protecting your core assets and business continuity from the ever-increasing threat of cyberattacks.

Professional

·       Tailor the perfect backup solution for your business

·       Provide flexible backup solutions to meet the diverse needs of business.

·       Quick deployment and data recovery

·       Provide backup reports to help businesses have a clear understanding of their data backup status.

Reliable

·       Provide businesses with customized and all-rounded backup solutions

·       Onsite backup centers

·       Implement of the 3-2-1 principle

·       Meets various data security and regulatory requirements

Secure

·       Encrypt your backup data with enterprise-controlled encryption key

·       Offer private cloud data backup solutions tailored to your business needs

All-rounded

·       Implement a comprehensive range of security measures to safeguard your business from cyberattacks at every stage

o   Preventive Measures

o   Remedial Measures

o   Regular Routines

Coverage：

·       Microsoft 365 (M365) Backup

·       Endpoint Backup

·       Servers Backup

Contact our Cloud Account Manager today to find the best BaaS solution for your business and provide extra protection for your data!

Source:

4 Myths About Data Backup in the Cloud: What Municipalities Need to Know 

4 Data Backup Myths You Need to Know About