Importance of having a Disaster Recovery Plan

What is Disaster Recovery as a Service (DraaS)?

DRaaS is a category of cloud computing that consists of a third-party hosting either physical or virtual servers. In the event of a disaster, either man-made or a natural hazard, the DRaaS works to provide failover through any downtime caused by the unexpected event. It provides the ability to restore the data and applications lost that are fundamental to your business functions should your servers or data centres get damaged or destroyed. Having this service, combined with a tailored disaster recovery plan, will ensure that your business is protected again any unexpected threats.

system fail situation in network server room

Why is it important?

From natural disasters such as fires, earthquakes and floods to thunderstorms and winter weather, it’s common that businesses will be affected by these at some stage whether it be from damage or power outages. Other disasters include IT related incidents such as ransomware, cyber-attacks, system failures and even simple human error to name a few. Even though the disaster scenario may vary, the impact is the same for all: data loss and system downtime. It is indicated that 45% of total unplanned downtime is due to hardware failures, followed by loss of power (35%) and external security breaches (23%). These disasters can happen at any time and many businesses find it difficult to recover after such an event.

Having operational downtime has a devastating effect throughout business functions including damage to data, company reputation, business vitality and customer relationships. Statistics show that 93% of companies who suffer a major data disaster are out of business within the one year. This is likely due to the hefty recovery costs involved as it’s often too much for many businesses to bear, from the cost of equipment replacement and recovery labour etc. It is recorded that businesses lose over $100,000 per ransomware incident, as well as anywhere between $900-$17,000 per minute of unplanned downtime. Although, 96% of companies with a trusted backup and disaster recovery were able to fully recover their operations. That is why being protected with a disaster recovery plan and DRaaS is a crucial step in securing your business.

DRaaS and disaster recovery plan chart

How do I protect my business?

Understanding your vulnerabilities, preparing for the worst and safeguarding against the risks is a businesses first line of defence. A disaster recovery plan is a step-by-step plan that has documented a structured approach for responding to the disasters. Through business as usual, taking on board steps to identify the most critical IT services and data is the first step in planning. Next, making sure that regular testing, maintenance and improvements are made is crucial for the plan development. This plan along with an active DRaaS backup system will ensure that when a disaster occurs, and it’s not a matter of ‘if’ but ‘when’, the risk of outages have been minimised extensively.

Our Diverse technical team are well versed in backup solutions, DraaS implementation and assisting clients in creating a disaster recovery plan.

Want to know more? Contact us here today to find out more information.

*Statistics from: https://phoenixnap.com/blog/disaster-recovery-statistics

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