Your IT system is the linchpin of your business. Any disruption can affect your day-to-day operations or bring your business to a standstill—but how do you ensure your network and data will rebound and recover quickly enough to minimize your financial losses? A practical, proactive disaster recovery (DR) plan.
A disaster recovery plan is a set of policies and procedures designed to identify, protect and repair your IT infrastructure and systems before, during and after a disaster. This is an essential component of your overall business strategy. Without it, your business, employees, shareholders, and your customers are at risk of substantial financial losses.
Typically, IT disruptions are not caused by a single natural or manmade cataclysmic event. According to a 2014 report from research firm Forrester, Inc., most are the result of operational issues like power outages (43%), hardware failure (31%) and human error (13%). Theft, computer hacking and malware, fire, extreme weather conditions, drastic calamities (earthquakes, floods, explosions, etc.), and violent crime or terrorism all fall into the remaining percentage.
The main focus of your DR plan is to keep your IT system operational and protected to minimize or prevent significant loss of data from crippling business disruptions. A strong disaster recovery plan should also help you get back online and operational quickly.