Business continuity planning is the process of creating systems of prevention and recovery to deal with potential threats to a company. In addition to prevention, the goal is to enable ongoing operations before and during execution of disaster recovery.
A recent study discovered that, of companies experiencing a “major loss” of computer records, 43 percent never reopened, 51 percent closed within two years of the loss, and a mere 6 percent survived over the long-term. For small and medium-sized businesses (SMB’s) in particular, these statistics suggest the necessity of crafting a Disaster Recovery & Business Continuity strategy grounded in a robust data backup and recovery solution.
Along with a Disaster Recovery Plan, a Business Continuity Plan (BCP) is the blueprint for how businesses plan to survive everything from local equipment failure to global disaster. Data-oriented BCP, an indispensable component of business planning regardless of organization size, poses the following challenges. Smaller businesses in particular, generally lack the in-house IT resources to achieve these demanding planning, technical and process requirements.
Therefore, many SMB’s either neglect to implement any data-oriented Business Continuity Plan or approach data backup and recovery in a sporadic, rudimentary fashion that fails to conform to the best practices of BCP.
Contact Found IT Data Cybersecurity today for further information.