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Are You and Your DR Plan Feeling Lucky

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eGUIDE 4 (855) ONE-NECK | www.OneNeck.com When disaster strikes, no one takes the me to worry about words and defini ons. Even though the terms Disaster Recovery (DR) and Business Con nuity (BC) are o en used interchangeably, they have very different meanings. If your company is interchanging them incorrectly, it can leave your organiza on at significant risk. On the low-end, about $18,000; while on the high-end, we're talking hundreds of millions. According to FEMA, about 40 percent of businesses do not reopen a er a disaster. Whether from a security breach, human error or natural disaster – data loss, down me or network slowness are costly. Without a plan in place, a comprised network will have las ng implica ons. A 2015 Verizon DBIR report showed: Small data breaches (loss of fewer than 100 records) on average costs businesses $18,120 to $35,730, but can range as high as $555,660. Large data breaches (100 million+ records) could cost organiza ons up to $200 million, though the average is $5-15.6 million. In addi on to the huge monetary loss, down me also affects worker produc vity and can lead to loss of customers. Having a plan in place, for DR and BC, is cri cal. However, both require very different levels of planning. For example: DR is Data-Centric: While extremely important in its own right, DR is actually a subset of BC planning. It White Paper Cloud-enabled Disaster Recovery Organiza ons depend on the 24/7 availability of their mission-cri cal IT systems, and when you have down me, it can be extraordinarily painful for your business. When business stops, it can get quite expensive in a hurry for you and your customers. Having a comprehensive disaster recovery plan is crucial to assuring success for any business these days and, in fact, your most diligent customers may even require it. Download Now is concerned with the process of replica ng and storing data so that it is quickly recoverable in the event of a disaster. Data must be backed up and stored off-site. It must also be immediately accessible for recovery in the event of a disaster. A major factor is the overall speed of recovery and restora on. In some cases outside of a natural disaster, a local data backup, perhaps at a nearby building or within the corporate campus, will suffice. In situa ons where a disaster affects an en re city or region (e.g., tornado, flooding), remote backups will be necessary. Because you don't know if a local or regional issue will occur, and depending on your organiza on's asset cri cality, a daily backup may be fine. For others, a fully-mirrored site with hot backup/restore capabili es may make more sense. BC is Business-Centric: BC is far larger in scope. Business con nuity is focused on the management oversight and planning needed to ensure the en re business can con nue to operate with as li le disrup on as possible – both during and a er a disaster. A comprehensive BC plan includes steps for recovering and con nuing key business processes, including sales, manufacturing, customer support and billing. BC is also people-centric. It should ensure employees know where to go and what do in the event of a disaster. Is there an emergency phone Disaster Recovery vs. Business Con nuity: What's the Difference?

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