If all of your files are currently in hard copy format (i.e. paper documents) and being stored onsite in your facility, you are at risk of serious trouble. A natural disaster, fire, theft or a number of other unexpected disasters can result in the loss or destruction of files. That’s probably one of the worst scenarios any business can face.
Your records contain valuable information and likely cannot be replaced. Keeping them in paper format without any backup is a risky move.