Data loss is a crisis for most businesses, as all of their essential records, invoices and pieces of customer information become inaccessible. The result? Often substantial financial losses and, in the case of many businesses, a complete business failure. But what exactly causes this data to be lost forever? And, perhaps more importantly, how can these causes be prevented? Below you’ll find the five most common reasons, as well as some helpful tips on stopping them from happening in the first place… It is essential to mention this first, though: however hard you prepare and however many procedures you put in place, it is not always possible to prevent data loss from occurring. This is why all companies should have a contingency plan, which includes some provision for disaster recovery. Losing data will never be a pleasant experience, but with a plan in place, the impact can at least be minimized.