20+ Business Data Loss Statistics 2022: The State of Business Data

Let’s begin by exploring some of the most important business data loss statistics and recovery in 2022 that every business must know.

40-60% of small businesses that experience data loss will go out of business forever.

Last Updated: 02/01/2022


Only 2% of businesses recover from a disaster in less than an hour.

Last Updated: 05/25/2022


The average cost of downtime for companies of all sizes is almost $4,500 per minute.

Last Updated: 05/25/2022


it takes an average of 206 days to detect a data breach.

Last Updated: 05/25/2022


The cost of data breaches rose from USD 3.86 million in 2020 to USD 4.24 million in 2021.

Last Updated: 02/01/2022


There were 1,862 breaches in 2021, which is an increase of 754 over the previous year.

Last Updated: 02/01/2022


The two biggest reasons for data loss are hardware failure (40%) and human error (29%).

Overview of Business Data Loss Statistics 2022

  • Downtime costs an average of $1,410 per minute for small businesses.
  • It takes around 206 days on average to detect a data breach.
  • The average cost of a data breach in 2021 was $4.24 million.
  • In 2021, there were 1,862 security breaches, which is an increase of 754 over the previous year.
  • The two most common causes of data loss are hardware failure (40%) and human error (29%).
  • Recently, 26% of companies experienced a data breach.
  • 93% of companies that experience prolonged data loss go bankrupt.
  • Malware causes 35% of all data loss.
  • 21% of files are not protected at all.
  • 22% of small businesses close after a ransomware attack.

Here are a few statistics showing the devastating impact of data loss on business.

  • 94% of businesses that experience a devastating data loss do not survive.
  • 51% of these businesses that suffer data loss close within two years.
  • 43% of businesses that suffer data loss never reopen their doors.
  • 7 out of 10 small companies that suffer a major data loss go bankrupt within a year.
  • More than 93% of companies that experience a 10-day or longer disruption to their data center due to a disaster file for bankruptcy within one year.

Small Business out of business due to data loss

Downtime is costly for small businesses. The average cost per minute is $1,410. This can lead to a significant loss in revenue over the course of a day or week.

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