How a Disaster Recovery Plan Can Save Your Business


Disaster Recovery Plan

Summary:  A Disaster Recovery Plan is vital for your business. In an age where computerized Data is becoming the lifeblood of the business, a clear and definite Disaster Recovery plan is essential. We will see how you can protect your valuable data by implementing the three prong components of a Disaster Recovery Plan and what relevance a Business Impact Analysis has in disaster management.

Planning is a very important aspect for the success of any business and a Disaster Recovery Plan is gaining relevance as an integral part of the Business Planning process. Businesses both big and small are waking up to the fact that being unprepared for a disaster can shut down their business in a matter of seconds. The key is to be acquainted with the risks to your business and a plan to mitigate those risks. The risks or disasters that can affect your business can be broadly classified as:

  • Risks that affect physical facilities or environment
  • Risks that effect health, safety , or welfare of personnel or general public
  • Risks that affect Business Operations

A robust Business Continuity plan and Disaster Recovery system will ensure that these risks are minimized. In this article we will discuss ways in which we can minimize the Risks that affect Business Operations, particularly in connection with securing valuable data that is the lifeblood of a business. We will see the importance of reinforcing a business’ data with a robust and secure remote backup system.

Big businesses have the luxury of complex IT systems and remote data centers set up to get the business back on its feet within minutes, but for a small business stringent planning is the key. Devising a Disaster Recovery Plan is crucial.

What is involved in formulating a Disaster Recovery Plan?

A Disaster Recovery Plan has these three basic components:

  • Business Planning and Preparation
  • Business Systems and Technology Preparation
  • Incident Response Planning

In the Business Planning and Preparation phase, a business will have to assess potential risks that can cause detriment to your business and the degree of damage that each of these risks can cause. Theft, a natural disaster, fire, computer failure – anything that can cause a loss of data is a potential risk.

Implementing the Business Systems and Technology Preparation phase would include a systematic check to ensure that you have all the tools and systems required to ensure the proper security and maintenance of your data.

Incident Response Planning is the formulation of specific details on the process to be followed in the event of a disaster. A course to be followed is to be chalked out for each potential risk identified, which gives your business foolproof data security.

 

Pivotal to a successful Disaster Recovery Plan is a Business Impact Analysis. This analysis helps you understand the degree of potential losses and design processes to overcome them. It investigates financial exposures and operational impacts of a major disaster and helps you determine the time, resources and expenses required for recovery.

Online data backup is a reliable option you ought to consider in your Disaster Recovery Plan. Online backup is offsite and cloud based, effectively protecting your data from damage. When implemented properly, a Disaster Recovery Plan can effectively save your crucial data and your business.

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