Why is disaster recovery important for a business?
A disaster recovery plan outlines strict regulations for the backup and recovery of data in an emergency and is crucial for any business to ensure against the catastrophic impact of data loss.
Disaster recovery statistics for the UK
50% of UK business leaders claimed that their backups were kept on a separate system within the same office, indicating an alarming lack of disaster recovery planning. (IT Pro)
41% of companies have either failed to test their disaster recovery systems in the last six months or couldn’t say when the last testing took place. (Information Age)
62% of UK business owners said they have seen a rise in cyberattacks in the past two years, with 12% of them claiming the increase was significant. (Insurance Business UK)
UK businesses face a shocking 65,000 hack attempts every day, and 4,500 of them are successful. (The UK Domain)
88% of businesses experienced breaches over the past year. (Databasix)
33% of UK businesses say they have lost customers following a disaster. (CSO Online)
40% of SMEs experienced eight or more hours of downtime due to a cyberattack. (AgilitySMB)
15% of businesses believe they don’t need a disaster recovery plan at all. (Nexstor)
Just 13% of IT users and professionals use backup best practices, leaving the vast majority with critical gaps in their data recovery and security strategy. (Acronis)
Only 45% of companies deem their security budget adequate. (The Ponemon Institute)
On average, it takes 16 days for organisations infected with ransomware to restore networks. (ZDNet)
The Federal Emergency Management Agency (FEMA) found that 40% of businesses close their doors following a disaster, and another 25% fail within a year. (Continuity Central)
67% of companies applied a business continuity strategy as part of their response to the pandemic. (PWC)
46% of UK companies believe their business continuity plan is not up to the mark. (Raconteur)
90% of businesses that suffer a data emergency close their doors within two years. (Enfield Council)
39% of SMEs do not have any kind of incident response plan in place. (The SSL Store)
Small (58%), medium (55%), and large businesses (60%) outsource their IT and cybersecurity to an external supplier, citing their reasons as access to greater expertise, resources, and standards for cybersecurity. (The Cyber Security Breaches Survey 2022)
54% of the businesses that were hit by ransomware said the cybercriminals succeeded in encrypting their data in the most significant attack. (Sophos)
46% of small businesses have never tested their backup and disaster recovery plan. (Riverbank’s Annual BDR Survey)
The estimated survival rate of companies without a disaster recovery plan in place is less than 10%. (KSL TV)
According to the NFIB Fraud and Cybercrime Dashboards, there were over 400,000 reported fraud and cybercrime incidents in the UK in 2021. (NFIB Fraud and Cyber Crime Dashboard)
A recent survey by EMC Corporation found that 60% of UK businesses have experienced downtime in the past 12 months. (LinkedIn)
According to a report conducted by the Department for Digital, Culture, Media & Sport, the number of UK businesses deploying security tools or undertaking any monitoring has decreased from 2020 (40%) to 2021 (35%). (Cyber Security Breaches Survey 2021)
Of the 39% of UK businesses that reported an attack, the most common threat was phishing (83%). (Cyber Security Breaches Survey 2022)
In 2021, one in three mid-market UK businesses experienced an outage longer than 24 hours due to a cyberattack. (UK Tech News)
Research found that IT downtime is costing businesses an average of £3.6million every year, with technical faults reaching an estimated £258,000 per hour. (Accounts and Legal)
40% of SMEs that manage their own network and use the Internet for more tasks than handling emails will have their network accessed by a cybercriminal, and more than 50% won’t even realise they were attacked. (Pear Digital)
In 2021, 73% of security incidents involved external cloud assets, meaning cloud incidents surpassed on-premise ones for the first time. (Data Center Knowledge)
Find over 60 disaster recovery statistics here.