AMAG Pharmaceuticals Business Analysis

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Every year companies experience a fire, earthquake or hurricane that obliterates company servers, and hence, destroys all company data as well. Hackers and viruses can also result in major data loses. Let the biggest data recovery disasters of 2015 serve as a warning that if you don't have a backup plan for your data, your company could land in hot water. As a business owner, you work hard to put food on the table, so why leave a security hole open? Around 70 percent of businesses that experience a data loss will go out of business within the first year. AMAG Pharmaceuticals A company based out of Boston, AMAG Pharmaceuticals has around 300 employees, and they are heavily regulated. The company first experienced data loss when an employee moved an HR folder into Google Drive, but it failed to sync. As a result, the files all disappeared, and there were others that the owner did not even own. While the employee tried to find the recycle bin and desktop for a copy, everything had vanished without a trace. Luckily, because AMAG had backup, they restored their files within a matter of a couple clicks.…show more content…
In total, the charity boasts more than 2,800 employees and volunteers, and they have worked to enhance both the care and support that people with Alzheimer's have. One day, the Alzheimer's Association faced a problem with one of their departing employees. He deleted his email before leaving the door. Whether he wanted to be helpful or erase a personal email, the consequences were devastating. Among those emails were messages that were essential to the fundraising efforts. Every pledge and every contact becomes crucial in this business, but luckily, the company had a backup plan that gave them a restore function.It's a devastating situation that could have left 2,800 employees without a job if they had not been
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