Data Loss Statistics
Powerful, secure, and easy-to-use cloud backup solutions designed to safeguard every aspect of your business
Human Error & Hardware Failures
- Human error is the leading cause of data loss, accounting for 88% of all breaches. (Stanford University &Tessian)
- 30% of users have never backed up their data. (Backblaze)
- 140,000 hard drives fail in the U.S. every week. (Small Business Trends)
Cost of Downtime & Data Loss
- The average cost of IT downtime is $9,000 per minute for small businesses and $300,000 per hour for large enterprises. (Gartner)
- The global average cost of a data breach in 2023 was $4.45 million. (IBM Cost of a Data Breach Report)
Cloud Backup Adoption & Benefits
- 94% of businesses that adopt cloud solutions report significant security improvements. (Microsoft)
- 84% of companies using cloud backups recover faster from data loss incidents. (Druva)
- Cloud backups are automated, reducing the risk of human error in manual backups.
Data Loss & Cybersecurity Threats
- 60% of companies that lose their data shut down within six months. (Boston Computing Network)
- 93% of companies that experience major data loss for 10+ days file for bankruptcy within a year. (National Archives & Records Administration)
- Ransomware attacks increased by 95% in 2023, with businesses experiencing an average downtime of 22 days after an attack. (Cybersecurity Ventures)
- Only 26% of organizations can recover all their data after a ransomware attack. (Sophos State of Ransomware Report)
Data Loss & Cybersecurity Threats
- 60% of companies that lose their data shut down within six months. (Boston Computing Network)
- 93% of companies that experience major data loss for 10+ days file for bankruptcy within a year. (National Archives & Records Administration)
- Ransomware attacks increased by 95% in 2023, with businesses experiencing an average downtime of 22 days after an attack. (Cybersecurity Ventures)
- Only 26% of organizations can recover all their data after a ransomware attack. (Sophos State of Ransomware Report)
