Disaster can strike at any time and jeopardize sensitive company data and information. Luckily, a disaster recovery service can prevent data loss and keep a company afloat. Yet, the majority of small businesses still aren't protected from data loss. Setting up a disaster recovery plan takes time, which can be unappealing to some. But it will be time well spent. In the long run, setting up a disaster recovery plan can save businesses altogether. In fact, 90% of businesses that experience data loss shut down within 2 years of the disaster. More business owners should consider investing in data recovery service. Here's why... Human Error is Inevitable Many reluctant business owners believe disaster can't happen to them. A lot of them even …show more content…
corporations are having a hard time protecting their data. Since 2014, dozens of major U.S. companies have had their data and that of their customers' compromised. This has led small business owners to believe that only big name companies are at risk of cyber attacks. But this couldn't be further from the truth. 43% of cyber attacks target small businesses, and 49% of them are web-based attacks. More companies are using cloud networks to store their data. It's cheaper and easier to manage than a personal network. But it also makes companies more susceptible to cyber attacks. A trustworthy disaster recovery service implements private cloud hosting. A good private cloud service makes data protection its utmost priority. It does so by building security within its system based on a company's individual needs. Cyber attacks are only going to become more commonplace. Business owners work too hard to be victims of cybercrime. Fortunately, company owners can be vigilant by investing in a disaster recovery service! Company Reputation Is at Stake Now more than ever before, consumers want 24/7 access, 365 days a year. They especially want their personal information secure to the highest …show more content…
And it ultimately relies on the protection of its data and that of its customers. Natural Disasters Can - and Do - Happen Many business owners believe they're invincible to data loss. They believe this because they don't live in natural disaster zones. But Mother Nature shows her face without warning. So, company owners should prepare for when a natural disaster strikes. Equipment can get destroyed or stolen, or the network can shut down for hours to days. Part of a company's disaster plan is preparing for any event, like a hurricane, water damage, or theft. A disaster recovery service can keep a business afloat no matter the type of incident. Business Owners Can Manage Better A good disaster plan requires business owners to understand their IT infrastructure. Their infrastructure relies on every single piece of equipment and every employee. It also relies on software, hardware, facilities, and much more. When preparing for disaster recovery, business owners should prepare an inventory. An inventory keeps track of all the equipment used to manage data within their
"FAQ: Disaster Recovery Planning for Health Care Data." SearchHealthIT. Ed. Anne Steciw. TechTarget, May 2012. Web. 12 Feb. 2014. .
About 15 million United States residents have their identities and information used fraudulently each year. Along the use of their identities, they also had a combined financial loss totaling up to almost $50 billion. Major companies such as Apple, Verizon, Target, Sony, and many more have been victims of consumer information hacking. In each of the cases, millions of consumers’ personal information has been breached. In the article “Home Depot 's 56 Million Card Breach Bigger Than Target 's” on September 18, 2014, 56 million cards were breached due to cyber attackers. Before the Home Depot attack, Target had 40 million cards breached. Company’s information is constantly being breached and the consumers’ are the ones who end up having to pay the price. If a company cannot protect the information it takes, then it should not collect the information.
The major preparedness measures taken include strategic planning for disaster, making changes in procurement procedures, developing a communication plan, and investigating insurance coverage.
Pennsylvania Small Business Development Center. (n.d.). Emergency Response Planning: Disaster Preparedness for Small Businesses | pasbdc.org . Retrieved June 3, 2010,
Is it practical to not have a backup plan for your business? It could mean taking a boring nine-to-five job after failing a new venture. Recovering from a disaster and planning be the continuation of your business is not something that is only done one time either. It is continuous. A backup plan is only as good as your ability to recover from the downfall. Some people may use the phrase “Plan B” in our personal lives, but it is important to have a back-up plan when it comes to business. In corporate America, this is known as a business contingency plan (BCP). The planning process for this should take an “all hazards”
I certainly agree with your views on Verizon and being a corporation that keeps disaster preparedness as the forefront. The disaster recovery requisite for corporations like Verizon and other public service providers in the time of calamity is imperative for first responders, government agencies and other nonprofit organizations to provide the critical aide needed in the aftermath of a catastrophe (PR, 2014).
(Advisera) It is the different kinds of threats that the CISO and staff could face on a daily basis. With the IT Service needs to remedy the situation and reduce the impact. Also the data can be recorded and studied to determine plans to reduce future risks from happening. With the recovery aspect, there needs to be different actions that should be available when a potential risk could occur. A common practice is to have a backup of the important data in case when it is needed to be restored. After the company and CISO comes to an agreement on what is essential and what is required, that is when plans are developed and implemented. These plans should be in the daily plans and should be tested to know what went right and what went wrong. This would be a trial and error process to get it better and better and to have it tested before a real disaster, the better. So they can know the process and know what to do when it happens in real life and not a simulation.
The Security Officer shall be responsible for developing and regularly updating the written disaster recovery and emergency mode operations plan for the purpose of: i. Restoring or recovering any loss of ePHI and/or systems necessary to make ePHI available in a timely manner caused by fire, vandalism, terrorism, system failure, or other emergency; and ii. Continuing operations during such time information systems are unavailable. Such written plan shall have a sufficient level of detail and explanation that a person unfamiliar with the system can implement the plan in case of an emergency or disaster. Copies of the plan shall be maintained on-site and at the off-site locations at which backups are stored or other secure off-site
Here we are only focused only on the functioning of core functions of the business. “A business continuity plan is a document that describes how, in the event of a disaster, critical business functions at an alternate location while the organization recovers its ability to recover its ability to function at its primary location.” (Whitman, M. E., Mattord, H.J., & Green, A. 2013). The key elements that are mentioned in a business continuity plan document are impact analysis, your business continuity strategy and business continuity
There are Pros and Cons to all aspects of Disaster Recovery. You want to always hope for the best, but plan for the worst. You can never be a 100 % ready for what Disaster may bring, but you can take steps to mitigate the threat. By implementing drills to provide muscle memory when the crisis strikes. This provides less thinking and more reacting to the task at hand.
Conclusion Overall, the consequences of not having a Disaster Recovery and Business Continuity Plan can become costly in the event of a disaster. Most companies will find themselves in financial disarray when having to rebuild and/or replace any portions of the IT infrastructure that were destroyed during a disaster event. Hence, companies invest in insurance to cover such costs; however, there must be a balance because even with insurance an organization may still incur high expenses. Having a good disaster recovery and business continuity plan will keep your company up and running through any kind of interruptions such as power failures, IT system crashes, natural or man-made disasters, supply chain/vendor problems and more.
The business contingency plan is a process put in place that prepares an organization to respond coherently to unexpected events (Small business Chron, 2014). These plans help businesses to continue or restore business operations in a timely fashion after a major business interruption such as hurricane, storms, tornadoes, fire, power failure, an IT system crash or toxic waste. The process involves developing, communicating, practicing, and evaluation of emergency plans specific to the organization. Now that the Enovacare medical equipment corporations have identified eight risks associated with the construction of the new distribution center, the focus will now shift to development of a business contingency plan the ensure a quick restoration of business operation in case of natural or man-made disaster such as hurricane, flooding, fire, power failure or technology failure. A pre-incident plan to ensure the well-being of the new center after unexpected event, the protection of company’s sensitive data, customer data, communication plans and restoration of business operations will be discussed.
What systems and aptitudes are set up when a catastrophe occurs at an association trusted with the care and well being of the wiped out? Emergencies more circumstances are often unusual, so it is vital to have an arrangement set up. While there is no flawless strategy for the anticipation of an emergency, focusing on the accompanying zones by and large on securing the procedures to avoid and comprehend emergencies before they happen: 1. Preparing: Organizations leaders do not have the information on compelling correspondence amid and after an emergency. “Leaders should ceaselessly move themselves to consider undesirable circumstances as well as what their part is in making situations where awful things happen" Subrat Panda.
Gordon, Tedd; vice president; IBM Global Services; Business Continuity and Recovery Services. Disaster Recovery Planning. Toigo, J.W. 2000 Prentice Hall.
It is important to identify the part of the business that will be critical elements that need to be restored quickly in order to resume business operations (Pinta, 2011). The plan should in qualitative and quantitative information so all potential threats to business operation stoppages are addressed accordingly. Since hurricanes are unpredictable in nature it is important for the planning phase to include all possible scenarios for financial losses. This includes loss of employees from injuries and the workers compensation claims to actual loss of inventory and building damages. The qualitative loss include notification of employee families about the safety of their loved ones and the communication with customers about how long the business will be closed.