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Many businesses understand that back-up is a good thing to have, but don't understand how vital it is! CompuTech can provide you and your company with peace of mind knowing that your data is recoverable if a disaster strikes.
This seems like a simple question to answer, but it takes a deeper analysis to answer it correctly. For example, you have six employees entering data in two shifts for eight hours per shift. Let's say the average employee is making $12.00 an hour.
That means your data value looks like this:
Now, please keep in mind that this is ONLY the cost to enter the data into the systems. To get the true value of the data, we need the IP (intellectual property) value and the costs of potential litigation for data being compromised. So, here is what the breakdown looks like in total:
The data entry team is inputting an average of 175 mortgages per day, each valued at roughly $210,000. Therefore:
The potential for litigation if data is compromised is around 33%:
This data could be protected and secured for a minimal cost, providing you peace of mind!