Something to Consider This World Backup Day: Which Is Right for Your Business, Disaster Recovery or Business Continuity?
World Backup Day comes around every year on March 31. This day prompts us to be aware that our data is not safe. It’s a reminder that at any given moment a disaster can strike – in the form of bad weather, a hacker or even human error – and all your critical business files and information could be instantly gone.
The Strategic Research Institute states that companies that are unable to resume operations within 10 days of a disaster hitting are not likely to survive. In the event of such a data disaster would you?
When it comes to protecting your business, there are two different plans that could be put in place:
Simply put, disaster recovery is working to recover after a disaster. Business continuity is maintaining work during a disaster as if nothing damaging actually happened.
While both seem similar, in order to decide what’s best for you, there’s one question that needs to be answered: how long can you afford to have your business be down?
Disaster recovery is the process of protecting an IT infrastructure by saving data with the sole purpose of being able to recover it in the event of a disaster. Data is usually kept in a secondary site where it can be retrieved, not right away, but, in a timely manner.
However, you could lose customers and gain a bad reputation due to down time because of the expectation of 24×7 access. Even beyond that, the average cost of downtime to your business is estimated to be $5,600 per minute, according to the Uptime Institute Symposium.
Business continuity identifies the operations that are crucial for your survival and provides the emergency procedures needed so that you can be back up and running in a matter of minutes. When your business cannot simply afford to be down at all, that is when a business continuity plan must be put in place.
According to Agility Recovery, power loss of at least one hour will affect up to 70% of businesses each year. Also, in the case of large disasters, companies could be without working utilities for days or even weeks.
While there is no way to predict a disaster, you can still prevent your business from suffering a great amount of damage due to potential data loss or downtime.
Want to talk about Disaster Recovery and Business Continuity Plans? Contact us now for a free Disaster Recovery & Business Continuity Consultation (a $499 value) and to qualify for 25% off implementation services.
Let us protect your business from a data disaster so you can sleep easy at night.