Disaster Recovery
Disaster recovery is the recovery of disrupted IT/business systems. It can be achieved by either restoring IT/business operations at an alternate location or by recovering IT/business operations using alternate equipment.Disaster recovery isn't just for large organizations. Did you know that two out of five businesses experiencing a disaster go out of business within five years of the event?
Many companies believe a "disaster" is a one-time occurrence. These incidents are actually common, with growing numbers of viruses, security breaches, software issues, hardware failures and data corruption. More catastrophic events such as weather-related causes, fires, power interruptions and sabotage are exceptional, but the most successful companies prepare themselves for every possible crisis.
Consequences of a Disaster
- Loss of business
- Loss of credibility
- Cash-flow problems
- Inability to pay staff
- Loss of production
- Loss of operational data
- Financial loss
- 90% of businesses losing data from a disaster are forced to shut down within two years
- 50% of businesses experiencing a computer outage will be forced to close within five years
- 43% will never reopen
- 80% fail within 13 months
- 53% of claimants never recoup the losses incurred by a disaster
- Less than 50% of all organizations have a business-continuity plan
- 43% of companies that do have a business-continuity plan do not test it annually
- 80% of companies have not developed any crisis management to provide IT coverage sufficient to keep the business functionally effective
- 40% of companies that do have crisis management plans do not have a team dedicated to disaster recovery