Disaster Preparedness and Recovery in Focus - CLARITY Wednesday

Disaster Preparedness and Recovery in Focus - CLARITY Wednesday

Backing up and securing your data and systems while having the capability to maintain business as usual in the face of a disaster is no longer a luxury, it is a necessity. Understanding how to put a disaster recovery plan in place is essential.

3 Disaster Preparedness and Recovery Facts Worth Considering:

  • 93% of companies who suffer a major data disaster without a disaster recovery plan are out of business within one year.
  • 96% of companies with a trusted backup and disaster recovery plan were able to survive ransomware attacks.
  • 20% of companies have no disaster recovery planning in place. To prevent and respond to a disaster, every business must have a comprehensive disaster recovery plan (DRP). A DRP helps companies understand the risks that threaten their operations and identify solutions that help to avert disruptions and recover quickly when they occur.

Assess the Value of Disaster Preparedness and Recovery to Your Organization

When your business experiences downtime, there is a tremendous cost associated with that event. This dollar amount includes direct expenses such as recovery, labor and equipment replacement as well as indirect costs such as lost business opportunity.

What value do you place on building business resilience by rapidly adapting, continuing business operations, and maintaining availability of resources and information at an acceptable level in the event of a significant disruption?

Determine Your Organization's Related Pain & Frustration

In order to fully assess your level of pain (and frustration!) it’s helpful to know where you want to be. So…what does good look like?

A low pain example of Disaster Preparedness and Recovery would be: We maintain a written disaster recovery plan and have procedures in place to ensure that it is routinely updated to reflect current business operations. We routinely test the plan to ensure effectiveness of staff skills/competencies and data/system recovery capabilities. We require periodic audits of critical suppliers/outsourced partners for their continuity plans and procedures.

What is your organization's level of pain as it relates to Disaster Preparedness and Recovery?

The CLARITY Assessment?

In the CLARITY Assessment? we focus on 7 key company objectives. Above, we touched Disaster Preparedness and Recovery, which is one of 5 categories related to the broader objective of Risk Management:

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Almost every company worldwide is in some stage of their own digital transformation journey. You’re invited to take the CLARITY Assessment?, with the goal of helping to define your own company priorities in your digital transformation journey. Click here to experience it now .

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