Disaster Recovery Statistics


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Disaster Recovery Statistics 2023: Facts about Disaster Recovery outlines the context of what’s happening in the tech world.

LLCBuddy editorial team did hours of research, collected all important statistics on Disaster Recovery, and shared those on this page. Our editorial team proofread these to make the data as accurate as possible. We believe you don’t need to check any other resources on the web for the same. You should get everything here only 🙂

Are you planning to form an LLC? Maybe for educational purposes, business research, or personal curiosity, whatever the reason is – it’s always a good idea to gather more information about tech topics like this.

How much of an impact will Disaster Recovery Statistics have on your day-to-day? or the day-to-day of your LLC Business? How much does it matter directly or indirectly? You should get answers to all your questions here.

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Top Disaster Recovery Statistics 2023

☰ Use “CTRL+F” to quickly find statistics. There are total 75 Disaster Recovery Statistics on this page 🙂

Disaster Recovery “Latest” Statistics

  • Small to medium-sized enterprises indicated that 37% of these instances, including inadvertent data loss, overwriting, ransomware, and other reasons, resulted in the loss of the cloud.[1]
  • If they don’t have any recovery plans in place, 43% of businesses that face a catastrophic data loss disaster fail.[1]
  • 93% of companies that couldn’t get their data back within ten days of the tragedy had to declare bankruptcy within a year.[1]
  • If firms have disaster recovery solutions in place, 96% of them are able to completely resume their operations after a data loss catastrophe.[1]
  • According to statistics from Seagate, human mistakes, such as accidental data loss, improper device management, and other incidents, account for 22% of downtime occurrences.[1]
  • According to data from Verizon’s Data Breach Investigations Report, small firms are the most often affected by data breaches, at a startling 43%.[1]
  • 70% of companies acknowledged that even a single data loss might have a big, expensive effect on the company.[1]
  • According to statistics provided by DataCore.com, just 2% of firms questioned recovered from their most recent outage in under 1 hour.[1]
  • Without a dr strategy, 40%-60% of small enterprises that lose access to their operating systems and data permanently shut their doors.[2]
  • Ransomware assaults may be resisted by 96% of businesses with a reliable backup and recovery strategy.[2]
  • Attacks on victims who are unaware of crypto-jacking are rising by over 80% as miners take advantage of their computers’ resources.[2]
  • After which there is a power outage, 20% inadvertent human mistake, 35% program failure, 34% data corruption, and 23% external security breaches.[2]
  • More than a full workday downtime occurred in more than 50% of businesses.[2]
  • One or more mission-critical business applications recovery issues were substantial for 15% of level 1 enterprises.[3]
  • A secondary location that is different from their main disaster recovery site is used by 20.4% of firms.[3]
  • Based on the volume of data they had, 23% of IT administrators said that doing regular backups was either unneeded or unjustified.[3]
  • 32% of IT administrators said that their companies don’t routinely verify their backup solutions.[3]
  • 32.1% claimed to have a strategy that lists the precise apps and other business-critical elements that must be retrieved.[3]
  • 33% of respondents said using their disaster recovery plan to respond to an outage was ineffective.[3]
  • 39% of businesses who created their own thorough BCM framework at level 5 could restore all mission-critical business operations in accordance with predetermined RTOs and RPOs or with minimal issues.[3]
  • Nearly all of the principal site’s remote disaster recovery site is used by 42.9% of businesses.[3]
  • The healthcare sector is one of the most neglectful, according to an alarming 66% of respondents.[3]
  • According to Emerson Network Power, only 30% said they have a properly outlined disaster recovery plan in place.[3]
  • 35% of businesses lost at least one mission-critical application during an outage, and 11.7% did so for extended periods of time.[3]
  • 52% of corporate executives said their organizations intended to devote greater resources to business continuity and catastrophe recovery solutions.[3]
  • 10% of IT administrators said that they don’t do daily backups because they have too much data.[3]
  • Only 13% of businesses at level 1 without a BCM framework were able to restore all mission-critical functions per established recovery goals.[3]
  • Time is the factor that may need improvement, as around 50% of businesses would want their current backup solutions to be quicker or more effective.[3]
  • Programs for business continuity management as a whole increase catastrophe recovery rates by up to 17%.[3]
  • 96% of firms suffered at least one outage, and 95% had at least one brownout in the previous three years.[4]
  • 70% more businesses are anticipated to depend completely on cloud-based solutions by 2023.[4]
  • According to Backblaze, the average hard disk failure rate in 2021 was 1.01%, a little rise over the average for all of 2020, which was 0.93%.[4]
  • 84% of organizations store data or backups in the cloud, with another 8% expecting to do so in the next year.[4]
  • The 2022 Verizon Data Breach Incident Report states that 82% of breaches are the result of attack vectors involving human error.[4]
  • Companies have seen an 85% increase in situations where workers’ identities and personal information have been made publicly available on the dark web.[4]
  • Palo Alto noticed a 144% rise in the typical ransom sought, along with the increased pressure that hackers are placing on victims.[4]
  • Only 39% of employers feel their team has the knowledge to effectively repel assaults.[4]
  • The Sophos’ 2021 State of Ransomware Report discovered that just 8% of victims actually fully retrieve their data after paying.[4]
  • 77% of respondents said they planned to boost their expenditure on cybersecurity during the next year.[4]
  • With 93% of businesses utilizing it, small organizations have a greater acceptance rate for cloud technology.[4]
  • Only 45% of organizations feel they have the resources necessary to fully prepare for cyberattacks brought on by the move to remote working, according to the Ponemon Institute.[4]
  • IT decision-makers think that 51% of outages and 53% of brownouts are preventable.[4]
  • According to 82% of respondents, their IT infrastructure is not completely ready for a DR incidence.[5]
  • 40% of small and midsized enterprises never reopen after a natural catastrophe, while another 25% do so but collapse within a year, according to the federal emergency management agency.[6]
  • In the last five years, more than 50% of businesses have encountered a downtime event that lasted a full workday.[7]
  • 96% of the businesses affected by a large data catastrophe had a disaster recovery strategy, whereas 93% of those without one went out of business within a year.[7]
  • The disaster recovery as a service market is anticipated to reach 3.7 billion in revenue by 2021, with an estimated value of over 2.01 billion.[8]
  • 88% of companies said they would use the public cloud at least sometimes for backup purposes in the future.[9]
  • Within the next three years, 49% of firms want to upgrade or completely replace their current backup and disaster recovery systems, with cloud backup being a popular choice for SMBs.[9]
  • 54% of firms consider modernizing data protection to be either extremely important or essential to their initiatives for digital transformation.[9]
  • 69% of businesses are uncertain about their readiness to handle substantial data loss or information corruption.[9]
  • In 76% of firms, there is a discrepancy in data security between how often backups are performed and how much data loss is acceptable.[9]
  • 79% of IT decision-makers see quality data management and protection as a competitive business advantage.[9]
  • According to 80% of firms, business continuity efforts are hampered by a gap in availability between the speed at which they can restore data and information and the speed at which they really require it.[9]
  • 87% of IT decision-makers agree that the covid epidemic has increased their company’s commitment to business continuity planning.[9]
  • Organizations continue to struggle with the availability of data for effective recovery, with 37% of backups failing to achieve disaster recovery goals within specified time frames.[9]
  • Data corruption was mentioned by 80% of respondents, and unrecoverable data by 43%.[9]
  • The most common reason for data recovery demands is hardware failure, which 38% of IT decision-makers see as a critical concern.[9]
  • The top data security problem for companies in 2021 is inadequate backup capabilities, with 41% of enterprises unable to adequately back up all of their data.[9]
  • Only 15% of IT managers are completely certain that their backup solution can restore all lost data.[9]
  • A documented organization-wide catastrophe recovery strategy is in place for just over half of organizations (54%).[9]
  • Over 90% of corporate leaders either employ or intend to use a managed security service provider for their cybersecurity.[9]
  • Between 2021 and 2028, the worldwide market for cybersecurity is anticipated to expand at a 10.9% annual pace.[9]
  • When picking a disaster recovery solution, businesses should prioritize simplicity of use (45%) and speed of recovery (65%) above cloud backup (62%).[9]
  • Infinite blue conducted research on company continuity and IT experts, and only 35% of them believed that workers were informed clearly and promptly about backup and disaster recovery strategies.[9]
  • For firm dynamic technologies, 45% of the time, hardware issues are the root of data loss and unexpected downtime.[10]
  • Downtime incidents for cloud users have improved as well, down by 9% compared to just 4.7% for non-cloud users.[11]
  • Midsized businesses with annual revenues between $50 million and $1 billion were found to be the biggest group to utilize the cloud for data storage, accounting for 48% of the cloud users examined.[11]
  • 36% needed to handle the growing complexity of their IT infrastructure, while 46% wanted the flexibility to accommodate more users or services.[11]
  • According to 66% of those questioned, the necessity for backup or disaster recovery solutions was the main business impetus driving cloud computing projects.[11]
  • Volunteers make up 95% of our disaster relief personnel.[12]
  • The failure rate for hard drives in Q1 2020 was 1.07%, according to Backblaze, the lowest rate ever.[13]
  • Varonis’ 2019 Global Data Risk Report states that 22% of all files utilized by an organization are public.[13]
  • Cybersecurity attacks on the UK financial services industry have surged by 50% only in the last year.[13]
  • While 85% of respondents say ISO certification has improved their companies’ resilience by more than a quarter, 27.5% disagree.[13]

Also Read

How Useful is Disaster Recovery

First and foremost, disaster recovery ensures business continuity. In today’s fast-paced and interconnected world, downtime can spell disaster for many organizations. With the increasing reliance on technology and data, any disruption can result in lost revenue, damage to a company’s reputation, or even financial ruin. Implementing a robust disaster recovery plan can minimize the impact of these disruptions, allowing businesses to continue operations despite unforeseen events.

Moreover, disaster recovery helps organizations meet regulatory requirements and compliance standards. Various industries, such as healthcare, finance, and government, are subject to strict regulations governing data protection and security. Failure to comply with these regulations can result in hefty fines, legal consequences, and damage to an organization’s reputation. By implementing a disaster recovery plan, businesses can demonstrate their commitment to data protection and compliance, ensuring that they meet industry standards and regulatory requirements.

Additionally, disaster recovery allows businesses to safeguard their intellectual property and sensitive information. In today’s digital age, data is one of the most valuable assets a company possesses. From customer information to proprietary research, losing this data can have far-reaching consequences for an organization. Disaster recovery provides a safety net for businesses, enabling them to backup and restore their critical data in the event of a disaster, cyberattack, or system failure.

Furthermore, disaster recovery enhances cybersecurity efforts. With the rise of cyber threats and attacks, safeguarding data and systems has become a top priority for organizations of all sizes. A robust disaster recovery plan can help organizations recover quickly from cyber incidents, minimizing the impact on operations and limiting financial losses. By incorporating cybersecurity measures into their disaster recovery plan, businesses can strengthen their defenses against cyber threats and protect their sensitive information from unauthorized access.

In conclusion, disaster recovery plays a crucial role in today’s technology-driven world. It provides businesses and individuals with the tools and protocols necessary to recover quickly from unexpected events, ensuring business continuity, regulatory compliance, data protection, and cybersecurity. While the costs and complexities associated with disaster recovery may dissuade some organizations from implementing a plan, the benefits far outweigh the risks. By investing in disaster recovery, businesses can safeguard their operations, data, and reputation, ultimately setting themselves up for success in an unpredictable business landscape.

Reference

  1. invenioit – https://invenioit.com/continuity/disaster-recovery-statistics/
  2. phoenixnap – https://phoenixnap.com/blog/disaster-recovery-statistics
  3. arcserve – https://www.arcserve.com/blog/business-continuity-statistics-it-pros-storagecraft
  4. comparitech – https://www.comparitech.com/data-recovery-software/disaster-recovery-data-loss-statistics/
  5. datacore – https://www.datacore.com/blog/17-shocking-statistics-about-disaster-recovery-and-business-resiliency-where-does-your-organization-stand-part-1/
  6. forbes – https://www.forbes.com/sites/forbestechcouncil/2021/10/12/why-disaster-recovery-is-no-longer-optional-for-todays-businesses/
  7. fssi-ca – https://www.fssi-ca.com/disaster-recovery-planning-business-continuity-plan/
  8. gartner – https://www.gartner.com/smarterwithgartner/gartner-research-and-advice-for-disaster-recovery
  9. impactmybiz – https://www.impactmybiz.com/blog/disaster-recovery-stats/
  10. mxotech – https://www.mxotech.com/2019/03/disaster-recovery-statistics-business-owners-need-to-know/
  11. otava – https://www.otava.com/blog/2011-cloud-it-disaster-recovery-statistics/
  12. redcross – https://www.redcross.org/about-us/our-work/disaster-relief.html
  13. sysgroup – https://www.sysgroup.com/resources/blog/business-continuity-to-make-you-change-for-the-better

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