A Guide to Data Loss and How to Protect Your Business

   When it comes to calculating the risk of data loss there are two main factors which need to be taken into consideration, the first are the financial penalties that might be imposed by regulators, such as the information commissioner's office, (there have been several examples of fines been issued due to data loss in the media over the last year or two). A regulator might also impose additional data control or technology controls which a business would need to comply to and they'll be audited against those controls over the following years, the cost of re-organizing and re-strategizing a business can be very detrimental. The second factor that should always be taken into consideration is the damage to reputation data loss can cause, trying to rebuild confidence in your business can be very costly and time consuming and sometimes irreversible.