Hardware will fail eventually...

Digital data is stored in hardware, specifically storage devices such as hard drives. However, hardware ages and fails sooner or later. If hardware fails, data stored in the hard drives may be irrecoverable, resulting in data loss.

Inadequate Software / Accidental Deletion

Software failures can also corrupt your data. Although software vendors test their software product before releasing, there have been various cases in the past that automated software updates pushed by vendors caused data corruption. Simply, there is no bug-free software.

Ransomware Attack

Ransomware is a type of malicious software (malware) that is designed to encrypt all your precious data on the affected devices, making the data inaccessible until certain demand is made such as demanding payment to unlock the data.

Unforeseen Disasters

Unforeseeable disasters can happen. When it strikes, it can consider one of the most severe events in the IT industry. It could cause a prolonged downtime to your business operations. Before any incident happens, it is a best practice to establish a disaster recovery plan with a good backup strategy.