Small businesses risk data loss

One in three small businesses is failing to back up information adequately, according to a report by www.KashFlow.co.uk.

The report reveals survey results showing a third have lost key financial information because of malfunctions or vital paperwork going missing.

Many micro businesses and sole traders use only one computer to manage all aspects of their company, the report says.

If that PC is not regularly backed up, a single error or lapse in security could lead to the destruction of financial records and a long time and hard work spent trying to recover what has been lost, it warns.

www.kashflow.co.uk managing director Duane Jackson says despite high profile campaigns to encourage more businesses to regularly back up data there is obviously still a massive amount to learn.

'This highlights the very real risk of using a financial software package that is not backed up regularly to a remote location.'

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Further Reading:

• Council guards computers against flooding
• Race for space enters a virtualised world
• The electronic strongroom