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THE TRUE COST OF DISASTER RECOVERY –

CAN YOU AFFORD TO BE COMPLACENT ?

The true cost of disaster recover – can you afford to be complacent ?

Putting a specific price on the cost of DR ( disaster recovery ) plans following a disaster is an impossible task . In the same way as no two people are the same , neither are any two businesses . So much depends on the unique nuances of your business , including how many people work for you , the nature of your industry , or even the amount of time your business could afford to stall before it grinds to a halt .

One thing is universally true : every business needs a form of disaster recovery plan in a world where data is king .

As a business , you might think that talk of a ‘ disaster ’ sounds a little too dramatic . This couldn ’ t be further from the truth , as an unforeseen data disaster could lead to :

• Downtime – resulting from the inability to use your IT infrastructure , or the data you need to do your work .

• Loss of productivity and disruption to your workforce

• Losing your key clients .

• Lost productivity while you spend time communicating with you stakeholders .

• Spending excessive time to recover your data which will be costly

• Emergency IT services ( always at a higher cost )

• Potential fines for non-GDPR compliance depending on how the disaster occurred and what measures you had in place to prevent it happening

• Legal expenses – potentially resulting from a loss of important information .

• Firefighting

Can you put a price on your time ?

With our millennial workforces used to being able to rely on IT systems , any time that they can ’ t work following a disaster will have a huge impact . After all , time is a commodity that we never have enough of .

Your business won ’ t be able to continue functioning for long once the worst happens . For you , the time costs come in finding the IT firefighter who can help you get back up and running ( at a premium ) and a loss of productivity amongst your employees whilst systems remain down and data is recovered .

Then there ’ s the time considerations when thinking about your customers and their inability to function without your business and its IT provision . If you ’ ve got a solid and robust disaster recovery plan in place , with clear parameters for your Recovery Time Objective (‘ RTO ’) and Recovery Point Objective (‘ RPO ’), then you can restore your systems within a mere matter of hours . The good news is : a well-implemented disaster recovery solution can be used to restore important system data in a few hours rather than a few days .

If you ’ re not protected , how do you protect your customers ?

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P cost of DR ( disaster recovery ) plans following a disaster is an impossible task . In the same way as no two people are the same , neither are any two businesses . So much depends on the unique nuances of your business , including how many people work for you , the nature of your industry , or even the amount of time your business could afford to stall before it grinds to a halt .