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Disaster Recovery Plan: Why Your Business Won’t Survive Without One

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When a disaster strikes, man-made or otherwise, it’s impossible to continue business operation normally without implementing a disaster recovery plan. That’s why it’s very important to determine your crisis recovery strategies to prevent data loss, production interruption, and business failure.

Simply put, organizations that suffer data losses generally fail as a consequence.

In fact, that statement is based on 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.

This statistics shows that a 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

Data loss is very catastrophicbecause 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 documentsfrom 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.

Published with permission from TechAdvisory.org. Source.

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