Disaster Recovery and Business Continuity
No matter the size of your business, you will know that testing times are inevitable. You have no doubt already experienced operational difficulties as in the past and you will no doubt do so again.
This is as true for a multinational corporation as it is for a sole trader working from home, although their challenges may be vastly different. When these disruptive events happen, it helps to know what to do to avoid lost productivity and income; to ensure as seamless a process as possible, you need business continuity and disaster recovery plans.
What is Disaster Recovery and Business Continuity?
They are two separate issues but inextricably linked due to the nature of why we have them. Some argue that disaster recovery is a subset of business continuity and should be an integral part of it:
- Business Continuity: The purpose here is to design and implement policies to ensure ongoing functions during a crisis event or disaster. It’s a plan for anything that might otherwise disrupt broad operations.
- Disaster Recovery: This is a restoration plan for what happens when things go wrong – after a natural disaster, cyberattack, power outage, system shutdown and any other disruptive scenario.
There is one key difference: one focuses on limiting disruption (business continuity) while the other implements measures to get back to normal (disaster recovery). This is why an organisation needs to consider both, whether together or as separate entities.
The Consequences of Not Having Disaster Recovery & Business Continuity Strategy
There are potentially catastrophic productivity and financial costs to a business without either a business continuity or disaster recovery plan.
In 2016, 77% of UK based organisations had connectivity issues. In the same year, ransomware attacks impacted 54% of organisations in the UK; 20% of those were so heavily hit that it ground operations to a halt immediately. Most shockingly, 97% of these outages and problems were determined to have had a human cause.
However, such action plans aren’t only for big catastrophes like cyberattacks or ransomware. According to one technical analyst, a medium-sized data centre in the UK has three periods of downtime every year. Each one lasts an average of 3-4 hours – and these are under normal operating circumstances.
Depending on the size, scope, and industry, losing access to systems will cost lost sales in the short term. The long-term effect is a loss of confidence, or worse, market share.
Why Your Business Needs Disaster Recovery and Business Continuity
The short answer is that having a good disaster recovery plan can limit the amount of downtime to your system(s). Having a solid business continuity plan can hasten recovery and get you back on your feet quickly.
More than that, it can protect your customer data, internal systems and most important of all – your long-term reputation.
If your business has no disaster recovery or business continuity plan, there is no better time than now to start one. Contact First Stop IT and we can help you get started.