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Data backup execution frequency is primarily dictated by:
RTO (Recovery Time Objective)
RPO (Recovery Point Objective)
Backup policy
Backup plan
Recovery Point Objective defines acceptable data loss in terms of time, hence it dictates the backup execution frequency. RTO is the acceptable time to restore a service, and is not related to how frequently backups occur. The backup policy is general in nature and would not specify the execution frequency. The backup plan can only be written after the backup execution frequency is determined.
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