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BCDR: Business Continuity & Disaster Recovery -

 

If catastrophe strikes, your business systems and data must remain safe and available.

 

5 Types of Disasters

that can hinder business continuity

Your business runs 365 days a year; your systems run 24/7; your data is needed in real-time. To ensure your business continuity is to protect your systems and data against disasters of all types.

1. Plan to Fail

Businesses with a disaster recovery plan report increased savings, enhanced system reliability, improved security, and reduce insurance premiums...even without a disaster.

2. Fail to Plan

Only 6% of companies without a disaster recovery plan survive a disaster.

3. IT Disasters are Costly

The cost of data breaches and data loss will top $2.1 trillion by 2019 as more data breaches will come from existing network infrastructure and IT systems.

4. Humans Make Mistakes

80% of downtime instances impact mission-critical applications and business data and the majority are caused by human error.

5. Disasters Affect Everything

A data center outage costs about $8,851 per minute and can cause forfeited sales, lost data, damaged equipment, disrupted processes, legal or compliance liabilities, legal or compliance liabilities, damaged client relationships and reputation, and wasted resources controlling the damage.

Systems Disasters

Hardware, software, systems, and data centers - when they fail, your business doesn't have to.

The 2016 Cyber Resilience Report found that 66% of companies in 61 countries experienced at least 1 cyber incident in the last year, caused by phishing & social engineering, malware, spear phishing, denial of service, and out-of-date software, rending the organization's own network either contaminated or inoperable.

 

Natural Disasters

Due to global climate change, natural disaster occurrences have increased and intensified.

Since 2010, we have suffered 2,018 natural disasters (averaging 336 per year). The US is second only to China for the number of natural disasters. Natural disasters have cost the global economy $2.5 trillion since 2000. 80% of business suffering a major disaster go out of business in three years.

 

Human Error Disasters

The most frequent, most common, and often most detrimental cause of disasters that can disrupt business continuity is unintentional human error.

70% of the successful attacks on businesses came from internal threats like employees and contrators. Even small data losses - those with fewer than 100 files lost - cost between $18,120 and $35,730. A single poor choice by a single employee can lead to catastrophic data loss.

by Boland Enterprises

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