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Backup and upgrading of data

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04 January 2017 / Published in Managing Business Risk

Backup and upgrading of data

FREE

With information technology becoming an important part of day-to-day business operations, the safety and security of business data assumes increasing importance.

  • The company must ensure that all the data being generated by it is safely recorded, stored and backed up regularly.
  • This may include all critical data like accounting and other business transactions, sales leads, reports, databases, emails etc.
  • At least two copies of such data must be kept outside of any computer (e.g. on external hard disks, pen drives, tapes, CD/DVDs etc.)
  • At least one copy of critical data must be kept outside of the company premises, to safeguard against some sudden physical damage or loss. It is compulsory for all banks, financial institutions etc. to make sure that their data is stored at some remote but safe and secure multiple locations.
  • The backed up data must be regularly checked for proper restoration.
  • It must be ensured that this business data is updated for its accuracy and integrity. Some persons in the company must be intimately thorough with the critical data management of the company. These persons must also be technically competent to handle the data management requirements.
  • With ever-changing software and hardware technologies, all data must be always kept updated such that it is in the format usable in the latest software-hardware tools used by the company.
  • Whenever data migrations or conversions may be required for smooth and uninterrupted operations they must be implemented properly.

(Expert advice to GROW your business wherever you are, whenever you want.

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