Much is made about business continuity planning, but there is a knowledge deficit about what exactly business continuity planning entails. Today, we will talk about the basics of the business continuity plan (BCP) and how today’s most successful businesses go about reading their contingency plans.
Everyone from Wall Street to Main Street is feeling the effects of the COVID-19 outbreak. As a result, many businesses have had to enact their disaster recovery strategy to ensure that their business remains on solid footing during this dark time.
Each March 31st, we like to observe World Backup Day, where we educate people about the benefits of having a comprehensive backup plan in place. This year, with tens of thousands of people being affected by Coronavirus, business has ground to a halt in large portions of the world. Today, we are going to look at the business continuity strategy and how, in times like these, you’ll be glad you have your data backed up.
It’s never an easy thing to talk about, but it does need to be talked about. If one of your key employees were to pass away, how would it affect your business? How do you prepare for this type of inevitability?
Businesses generate and collect a huge amount of data - some of it, practically useless, and some, critical to your business and its operations. It is this latter group that makes it so important that you have a comprehensive backup plan ready to go.
Businesses don’t like to spend money on solutions they don’t need. You’d rather make sure you hit payroll, dish out Christmas bonuses, and have something left over to grow. With this in mind, a business that doesn’t properly back up their data might not get a chance to make payroll, dish out bonuses, or even keep their doors open. Data backup isn’t something to skimp on, because when the time comes, it can mean disaster for your business.
Data recovery is a major consideration that every organization that depends on data has to plan for as a part of their business continuity strategy. Since there are so many ways that businesses can lose data, there needs to be a plan to recover data for any possible reason. Today, we will take a different look at operational data loss and talk about how your organization should consider strategizing data recovery.
It should come as no surprise that the practice of business continuity planning is one that every business needs to undergo. This planning serves as essentially your only insurance against some form of data disaster or another. Consider your own business for a moment--could it survive a fire, a critical failure in part of your infrastructure, or theft? With a business continuity plan, there’s a chance it just might.
As a business owner, you expect to stay in control of what your business does. Unfortunately, there are certain variables in running a business that simply can’t be controlled, like the weather. Therefore, you need to take special care to ensure that these uncontrollable instances don’t become a threat to your business’ prolonged existence. To this end, we recommend a business continuity plan.
While many may consider an audit of any kind to be a pain in the neck or worse, they can actually be an effective way to ensure that businesses are following best practices and remaining compliant. After all, nobody wants to be the company that failed an audit. Despite this, many companies aren’t up to standard where their IT is concerned, and it has an impact.
As a business owner, you’ve surely thought about what the future holds for your organization. However, one of the things that you need to think about that’s not often considered is the event of a data disaster. How can your business bounce back from such a catastrophic event? One of the first steps is understanding your data backup and disaster recovery process, as well as how you can improve your current setup.
It’s every business owner’s worst nightmare: one mistake, and all of their data is wiped out. This very situation happened recently to a hosting provider, and his story serves as a cautionary tale in regard to data storage best practices.
