Ninety-three percent of companies that suffer a significant data loss go out of business within 5 years.

Name: Ninety-three percent of companies that suffer a significant data loss go out of business within 5 years.
Brand: Quizplus
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Quizplus · Accepted Answer

This statement is true. According to the National Archives and Records Administration, 93% of companies that experience a significant data loss and do not have a disaster recovery plan in place go out of business within 5 years.

Ninety-Three Percent of Companies That Suffer a Significant Data Loss