[Q] Do I really need to back up my computer data?

[A] Absolutely. Not only do you have a legal and moral obligation to protect your company from data loss, but it's also practical. Study after study shows that if you have a catastrophic data loss, which could be as 'minor' as losing one file(your accounting file, for instance), there is, depending on the study, between a 50% and a 93% chance you will be out of business within 18 months. Most studies lean toward the 93% failure rate. Lots of things can happen to cause data loss: viruses, human error, malicious or disgruntled employees, fire, theft, flood, earthquake or plain old hard drive failure (happens more often than we're lead to believe).