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Backing up RequirementsWhenever I do share trading, I'm careful to backup my data. In the past, I've spent time setting up the software, only to have a hard drive crash and then lose my hours of analysis!
You need to think of yourself as a small business even if you're an individual trader. Here are some articles on data backups that can be useful for you.
An introduction to tape backup
If you run your own business, think about how you're saving your important files. Chances are you're saving them to a central server... maybe a Windows 2000, 2003 or XP server, or Apache/Linux. But what are you doing to ensure your files won't be lost in the event of a fire or other disaster? What many people fail to realise is that while you can insure your premises and equipment, you can't insure files. You can't buy back or repair lost files. Ipso facto, they are lost!
This brings us to the concept of disaster recovery. What is disaster recovery? If you're thinking that disaster recovery is about frantically trying to get back data that's already been lost, then you're already behind the 8-ball! Disaster recovery is about safeguarding your organization's data so that it can be safely restored in event of a crippling disaster. And having an industry-standard file backup strategy is undoubtedly the most important part of disaster recovery.
What you have to do is ensure that all files on the server are backed up to another storage medium (tape, removable hard disk, NAS device, etc.). Most businesses choose to use tape. Let's look at how you can set up a tape backup strategy for your own business.
Tape.. the perfect backup medium
Isn't tape an anachronism in the age of optical disks, removable hard drives and a plethora of whiz-bang, random-access storage media? Tape is indeed a dinosaur in relative terms, but it's ideal for backup. Tape is slow, but can store a lot of data... one mid-range tape should be enough to backup your entire server. Plus, tape is extremely cheap - mid-range tapes cost around $20 each.
When should you backup?
Typically, server backup is performed at the end of each day. Just put in the tape and let the backup process run overnight. If your server ever suffers a catastrophic disaster, you have at least saved all your files from the previous day.
The ideal tape backup solution would involve using a new tape for each backup. This means purchasing a new tape for every day of your business's operations. This is hardly cost-effective for your business. Tape is cheap, but not that cheap!
This is why we speak of "tape rotation". Tape rotation means to reuse tapes from previous backups. The simplest tape rotation scheme is to have one tape for each day of the working week. Tapes are labelled: Monday, Tuesday, Wednesday, Thursday and Friday.
You can restore data from any one of the tapes in your library - or in this case, any day in the past the week. This strategy requires only five tapes, but only provides one week's data backup history.
Grandfather-Father-Son - A Case Study
The grandfather-father-son schedule is the most widely used method, and involves backing up data in the following way:
This system is far more powerful than the five-tape rotation, but requires more tapes.
This strategy provides you with the ability to restore data from the last week, plus any Monday over the last month, plus any month for as many monthly tapes as you have. Variations on this scheme are available, and provide a trade-off between the number of tapes required, and the number of monthly tapes available.
Different types of backup
Different types of backups are available in backup software.
A Full backup will copy all files and system data to the backup media. It allows for the complete restore of all data from one single tape.
Differential, Incremental and Daily are partial backups are designed to reduce amount of data backed-up to the media, resulting in faster backups. To restore data using one of these backups, the last Full backup tape will also be required, along with any other partial backups since the last Full backup.
Tape backup software
At this point you may be thinking that performing tape backup is a complex task. Tape rotations, incremental backups... sure, you can try to do this manually, but this would make the backup process hiddeously difficult and prone to human error! The solution is to invest in a good piece of server backup software that will manage and schedule your tape backups for you.
What should you look for in software for tape backup? For small business owners, many brands of backup software are just too expensive - in the $1000+ range - and contain features that are really designed for large corporations. Look for a tape backup program that's designed specially for small business instead, such as BackupAssist. It should be simple-to-use, reliable and affordable. Choose a good tape backup program and you'll be well on your way to safeguarding your business's data.
This article was brought to you by BackupAssist - tape backup software