Well, not if it's the server that fails
Which is precisly why we installed a SAN running RAID 5 and moved our data to it when we upgraded. (RAID 5 uses an extra hard drive for instant back up. Any drive can fail without losing any data. Replace the bad drive and it is automatically rebuilt.)
The other half is patching, power protection and anti-malware software. We enabled automatic patching for our OS. We have good-sized UPS's on ALL of our computers, servers and switching equipment and quality surge-protectors on all of laser printers, copiers and fax machines. We have also installed auto-updating versions anti-virus and anti-spyware software on everything.
Eternal viligance is also the price of a smooth running network.