Data is the most valuable asset for any company and any person dealing with this data needs to be cautious. Modern businesses rely on data. They store, process and access data for information gathering and use it for decision making. According to reports of 2017, a single mistake in handling this data can result into loss of nearly $3.6 million.
However, data can be loss due to various. Few of them are:
1. Human Error
2. Hardware Failure
3. Theft