In a heavily computerized age, the importance of protecting valuable business data is paramount. Whatever kind of business you operate, chances are computer data is an integral part of tracking finances, customer or client information, orders, payroll, and much more. In the event of a system crash or otherwise-occurring data loss, electronic data insurance will ensure you’re able to recover missing data.
What Is Electronic Data Insurance?
Simply put, electronic data insurance covers you in the event of a loss of data in a work-based computer system. Under many insurance plans, you are only covered for lost hardware; for instance, you may have coverage for computers and hard drives destroyed in a natural disaster, but not for the data stored in those machines. Data insurance offers complete protection: a successful claim will both help to restore your data, and cover business losses that result due to lost data.
Why Is It Valuable?
Your company’s computer system is only as valuable as the information stored on it. A desktop computer can be replaced fairly quickly, but rebuilding a customer list that took years to develop can take substantial time and money. When dealing with the aftereffects of a catastrophic situation, knowing you have a claim to fall back on can make all the difference in terms of your business staying afloat, not to mention simple peace of mind.
In short, electronic data protection offers a measure of security that is invaluable to modern, highly digitized workplaces.