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Data loss and unauthorized access can bring about unprecedented events and literally make your company go out of business. Data loss is a contributing factor to declining profits, significant downtime and in the worst case scenario complete shutdown of business. So always make sure that you have a competent online file storage system onboard to make your business documents. Before delving further into the subject here are a few facts regarding how data loss can affect your business:

60% companies that have lost their data close all operations within 6 months
6% of all PCs will suffer an episode of data loss in any given year. Given the number of PCs used in US businesses in 1998, that translates to approximately 4.6 million data loss episodes. At a conservative estimate, data loss cost US businesses $11.8 billion in 1998. (The Cost Of Lost Data, David M. Smith)
Companies unable to resume operations within 10 days of a disaster are unlikely to survive. (Strategic Research Institute)

These are some shocking facts indicating what happens when we do not take preventive measures to protect our data. Traditionally data backup was taken in CDs and DVDs but they were also susceptible to damage. The emergence of online document storage and sharing applications played a key role in data protection. vspace="3" width="246" height="205" align="left" />