In today’s competitive world, businesses need to operate 24/7 to outperform other businesses, serve their customers more effectively and maximize their profits. To gain an edge, businesses rely heavily on data. However, at some point, systems or hardware failure and cyber-attacks become inevitable. And they hurt business profits in no time. This is why an effective Backup and Data Recovery(BDR) solution is a necessity for every business.
After reading this article, you will know:
What is Backup and Disaster recovery?
Why does your business need a BDR plan?
How to create a BDR plan for your business?
What is Backup and Disaster Recovery?
Backup and Disaster recovery is just that, being able to recover from a disaster with a backup set of information that you have easy access to. You can’t plan for a Hard Drive malfunction and you never know who in your organization will fall prey to a p phishing or ransomware attack. So to make sure your data is secure, it needs to be backed up consistently and secured in an offsite location. The goal is to minimize downtime whenever disasters like these happen.
What is a Backup?
A backup is a physical or a virtual copy of data stored on a separate device or at a different location. This could be an external hard drive or on separate storage at a separate location.
Backups are scheduled depending on a business’s needs and data value, but it is advised to perform them daily. This could be done by an IT services provider automatically with cloud storage.
Having access to a successful backup copy of your data means you should be able to restore that data to the original source if disaster strikes.
What is Disaster Recovery (DR)?
Disaster Recovery goes a few steps further than just creating a backup. It means that there is a technically sound and complete plan on what is backed up, how often it is backed up, where the backup will reside and how long it will take to recover any amount of lost data if the worst case scenario happens.
For some organizations, even the smallest amount of data loss can hurt operations and cause lost revenue..
Today true DR solutions are secure, fast, and reliable. They are monitored for continuous backup and data recovery and an experienced IT services provider will ensure your business has a customized BDR plan in place.
How to plan for Backup and Disaster Recovery?
Planning a backup routine depends on your unique business’s needs. Before you put a backup plan in place, decide what you need to backup, how long you could be without the data or how long you could be down during a recovery process and make sure to consider the time you want to keep the data for. Make sure you consider any compliance requirements in planning your data retention.
Planning Disaster Recovery includes finding answers to the following:
– The amount and kind of data that needs to be backed up
– Infrastructure needs if there is a physical loss of property
– Budget and how fast do you want to recover your lost data?
– Key systems your business operations cannot function without.
– In case of a disaster, how long can your operations function with key systems offline.
– How much data can your business afford to lose, 1 week, 1 day or 1 hour?
DR systems range from restoring the backup to taking over the primary system in case of a disaster. They can function as a failover IT system until your primary system is back online.
If you need help with any of these questions and you would like to consult with an expert you can get in touch with us. firstname.lastname@example.org 512-869-1155
Why does your business need a BDR plan in action?
BDR is an umbrella term that combines data backup and a disaster recovery solution that works in tandem to ensure an organization’s business continuity in case disaster strikes.
Listed below are five reasons why your business needs a BDR plan
Threats to your Data
Businesses are built on the data they collect over time. And the true worth of that data is only measured after it is lost. Threats to this data include physical damage to hardware devices, natural disasters, cyber- threats and even simply employee errors.
A study suggests that 94 percent of companies that experienced data loss do not recover, and 51 percent of these companies closed within two years of data loss.
Having a BDR plan in action can help you recover lost data and minimize losses.
Software can fail
As an IT consulting company, we have come across several examples where faith in software has left companies hanging when a disaster occurs. All it takes is one faulty Windows update to crash an entire system. Proper BDR planning will ensure you can recover quickly and easily.
If your business relies heavily on data, then the longer it takes to recover your data the longer your employees will remain unproductive. This directly impacts your employees’ productivity. Lack of productive employees equals business losses. Putting a BDR plan in place ensures your data is recovered quickly and overall productivity is not affected.
Permanent Data Loss
If you don’t have a BDR plan, then you won’t be able to recover the data that was lost. It’s that simple. Permanent data loss can result in huge losses for your organization but could result in potential fines as well.
Studies suggest that companies that have a proper BDR plan in place incurred less costs than businesses that do not. Even insurance companies are beginning to take a stand against ill-prepared companies. Even if you have taken a policy out to cover your organization in the event of ransomware or data loss, if you don’t have a proper BDR plan in place and you haven’t instituted the industry standard security measures and precautions, your coverage will be denied.
Regardless of the location, nature, and size of your organization you can secure it with a proper BDR plan that suits your dynamic and unique business needs and you can avoid all these pitfalls.