1.1.1. Data Management and Backup

Do you have a backup copy of your data that is no more than 30 days old?

While it is always important to have a backup, you must recognise that the more recent the backup is, the better it will be for your business. A backup copy of your data that is less than 30 days old is the minimum for any recovery plan. Backups could be placed on a USB drive, in another folder on your system, online, at home or at another site.

Process Steps

You can click on each of the steps to learn more.

Confirming Your Backup Retention Requirements

Old data is a waste of space, this is why it’s important to understand how long you need to retain data from both a technical standpoint and a legal standpoint. Legally your business will need to keep financial records for the ATO for 5 years, you can use their tool to understand what other financial data needs to be keep: https://www.ato.gov.au/Calculators-and-tools/Record-keeping-evaluation/

Be sure to research your industry authorities and ensure you understand your obligations, you can also contact ICTAA and for further information.