They are so important because of the following reasons:
Data is always the target and remain vulnerable to various threats
Un-reliable on hardware and software programs
Importance of the data
Critical downtime
It all depends on the amount of time it takes to redo the work. If it’s minor; then it can be ignored. If this is a major data loss, it may take several business days and it could feasibly end up in a heavy loss for the organization.
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They are so important because of the following reasons: