Disaster recovery practices have become an essential part of a business’ survival especially in a world where there has been a steady increase in the frequency of disasters, both natural and man-made.
A few minutes of a power outage or even a small amount of data loss has proved to be detrimental, not only in terms of the loss of money, but also in terms of its security as well. It is estimated that a company loses an average of a quarter of a million per hour of downtime. Studies also revealed that it will take the business an average of 18.5 hours to recover from a disaster. But what about the disasters of a massive scale, how does the typical company fair?
According to a study published in Infrascale, 3 out of 4 business receive a failing grade for disaster recovery. The alarming statistics only shows that companies have shown little importance in disaster recovery despite the impact it has on the company.
What are the ways to incorporate an effective disaster recovery plan into your business?