Help. My USB drive is failing!

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Hy guys. Good to be back after a month of sun in Spain and in Portugal. Getting back always means business and so here I am. My external 1tb usb drive is failing. I cannot do anything (copying/deleting files) with it. It gives me this error: "Cannot read from the source file or disk"! Has anyone had this problem? HELP!!!

 

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Have you tried it in more than one computer? If so, it sounds like it's corrupted. Maybe re-format might work but you will of course lose the data on it.

 

Well I lost everything...but life goes on! Hehe!