Be ready when a disaster occurs.
The disaster recovery plan is a subset of business continuity plan that focuses on the recovery or continuation of vital technology infrastructure and systems.
When was the last time you conducted a Business Impact Analysis? The BIA is the foundation of your company's recovery plan.
Planning for an unknown disaster can be difficult, but funding a disaster recovery plan can seem impossible. Data loss is not an “if” but, a “when” question. The BIA is invaluable for identifying what is at stake following a disaster and for justifying spending on protection and recovery capability. The more time you have to recovery following a disaster, the more your options increase.
According to an article on invenionit.com, 2017 Disaster Recovery Statistics that Businesses Must Take Seriously, by Tracy Rock, “35% of companies lose at least one business-critical app” and “90% of businesses without a disaster recovery plan will fail after a disaster”.
Hardware fails and employees make mistakes, all in a world where customers demand perfection or they will take their business elsewhere. Retaining customers is costly, but the cost is minimal compared to attempting to win them back, or finding and courting new ones.
No business is immune to IT disasters, but quick recovery thanks to a well-tested disaster recovery plan is necessary for a business to survive. If your company does not have a disaster recovery plan, it should be at the top of your priority list. Your business will need it one day to survive.
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