Disaster Recovery Plan: Why It’s Impossible to Survive Without One
Since disasters are erratic in nature, any forward-thinking company knows that it cannot survive one unprepared. With a disaster recovery plan in place, you’ll have peace of mind and the confidence that your business can continue after a disaster—and without much interruption.
Simply put, organizations that suffer data losses generally fail as a consequence.
In fact, that statement is based on a study by the Department of Trade and Industry, which discovered that 70% of small businesses that experience a major data loss eventually go out of business within 18 months.
Statistics About Small Business Failures Due to the Lack of a Disaster Recovery Plan
These statistics show that the majority of small businesses have failed to protect themselves against a number of problems. According to Ontrack, data loss is due to the following:
- Human error – 44% of the time
- System or hardware breakdown – 32% of the time
- Software malfunction – 14% of the time
- Computer virus – 7% of the time
- Site disaster – 3% of the time
The Wide Effects of Data Loss
Data loss is very catastrophic—because your data is critical to your business. To illustrate this, just imagine the outcome if you lost access to your IT systems, including:
- Client databases
- Supplier information
- Financial reports and documents—from invoices to tax records
- Product catalogs
- Marketing materials
- Emails and correspondences
- Document templates
- Employee records
Like insurance to your business assets, the same idea is applicable to your data
Regardless of its location, your data needs to be constantly protected from every potential danger.
The good news is that with a strong disaster recovery plan and an efficient backup solution, you can easily resume business in just minutes or a few hours in most instances.
With these crucial things in mind, it’s best to protect your data to secure your business. Ask us how today.