Some executive somewhere:

In fact, files end up corrupted,

Backup often and check the backups.

That costs $

data is improperly transferred

Backup often.

That costs $

hard drives fail

Backup often.

That costs $

formats change

Use an open format. For extra sure, make sure it doesn’t carry DRM.

That costs $ (Probably, I’d ask IT but we laid them off as a cost reduction so meh )

work simply vanishes.

Uuuuh don’t be corrupt?

That costs $