Take Stock of Your Disaster Recovery Plan
By Katie Foley
Autumn is a great time to take stock of your current processes and determine where improvements should be made. Do you have a disaster recovery plan in place? If not, you probably should. In fact, all businesses should have one.
In today's world, businesses are more reliant on technology than ever and a robust disaster recovery plan is critical to a successful business strategy. A disaster recovery plan is also something that you should reevaluate from time to time as well as you business changes and technology advances.
What is a disaster recovery plan?
This is a process set in place beforehand to save critical data from being destroyed in the event of a natural disaster or IT disaster. The goal is to protect your organization against lost revenue, employee downtime, and complete business failure in the event of a disaster.
So what kind of disasters are we talking about here? First, I mentioned natural disasters. This could be a hurricane, tornado, or even terrorism. Major events such as these can cause power outages and hardware and/or software failures often times resulting in data loss. The other type of disaster we are talking about is an IT disaster. This could be a cyber attack, malware, or spyware to name a few.
How to create a disaster recovery plan
Below you will find the most important steps in creating a strong disaster recovery plan.
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Conduct an IT asset inventory.
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Identify risks for each IT asset.
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Sort each asset by criticality and define recovery objectives for each category (example: low impact, moderate impact, high impact).
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Create a disaster recovery team and assign roles.
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Implement cloud backup.
Benefits of a solid disaster recovery plan
Here are some key benefits of having a solid disaster recovery plan in place:
- Less downtime
- Data protection and recovery
- Improved compliance and legal protection
- Cost efficiency
- Strengthened consumer trust
As you can see, having a robust disaster recovery plan in place is critical to any business no matter the industry. In today's fast-paced digital landscape, threats of all kinds (natural, technological, and human-made) are possible at any moment.
Conclusion
Don't wait for the unexpected to hit - it's time to start or check in on your disaster recovery plan now. This is just a taste of what creating a disaster recovery plan entails. Visibility ERP offers the best in class data security. Learn more about our ERP solution. Have questions for us? Get in touch with us!