Stats about the cost of recouping data:

• It takes 19 days and costs $17,000 to retype 20 megabytes of sales data
• The same volume of accounting data takes 21 days and costs $19,000
• Recreating data from scratch is estimated to cost between $2000 and $8000 per MB
• Insurance of business data is expensive, and in certain countries, insurance companies will not insure data
• 60% of companies that lose their data close down within 6 months of the disaster
• 72% of businesses that suffer major data loss disappear within 24 months

 Of those companies participating in the 2001 Cost of Downtime Survey:

• 46% said each hour of downtime would cost their companies up to $50k
• 28% said each hour would cost between $51K and $250K
• 18% said each hour would cost between $251K and $1 million
• 8% said it would cost their companies more than $1 million per hour