Visibility Blog

Take Stock of Your Disaster Recovery Plan

Written by Katie Foley | Sep 27, 2024 3:00:00 PM

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.

  1. Conduct an IT asset inventory.  

  2. Identify risks for each IT asset.

  3. Sort each asset by criticality and define recovery objectives for each category (example: low impact, moderate impact, high impact).

  4. Create a disaster recovery team and assign roles.

  5. 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!