Along with an IT Disaster Recovery Plan, a Business Continuity Plan is the blueprint for how businesses plan to survive everything from local equipment failure to global disaster. A data-oriented BCP is an indispensable component of business planning that poses challenges for businesses of all sizes. Our plans focus on communications, people, security, and application and data availability.
It is essential for organizations to be well prepared for all types of disasters, whether in the form of hardware failures, cyberattacks or even natural disasters. The business continuity of a company in the event of a disaster is dependent, to a major extent, on its ability to replicate the systems and data.
Disaster Recovery (DR) enables business continuity without any hindrance to the operations in the event of a disaster. Most large enterprises allocate between 2-4% of their IT budgets to disaster recovery planning, with some companies spending even up to 25% to minimize the infrastructure risks.
Disaster recovery planning takes into account:
Programs and data: DR plans need to separately account for both data and programs. While data includes customer accounts and business relationship records, programs include the software that runs an organization’s operations.
Dependencies: Dependencies between software must be identified, as certain programs may require additional software to be loaded before the existing software is operable.
Personnel: It is also important to identify the key personnel who will be involved in restoring the systems and data.
Compliance: Organizations in some sectors such as healthcare may also need to ensure regulatory compliance and security before resuming operations with the recovered data.