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Disaster Recovery Plan: Does Your Business Have One?

screenshot from businesscontinuity.gov, outlining the steps to developing a business continuity plan

The annoying thing about insurance is, you don’t need it…until you need it. Think of a targeted, efficient disaster recovery plan as insurance that your company will have in place against all types of business risks—from fire, to flood, to all manner of cyber threats. 

Answer these questions: How many days of business can you afford to lose before your downed IT system is up and running again? Is there data you can afford to lose without its affecting profit? Will lost or stolen data impact compliancy and result in regulatory fines?

According to ready.gov, “An information technology disaster recovery plan (IT DRP) should be developed in conjunction with the business continuity plan. Priorities and recovery time objectives for information technology should be developed during the business impact analysis. Technology recovery strategies should be developed to restore hardware, applications and data in time to meet the needs of the business recovery.”

Advanced Business Equipment’s IT division, Advanced Information Systems(AIS) can help, with the execution of network vulnerability tests and a business impact analysis, which includes assessing the impact of data loss or corruption from hardware failure, human error, hacking or malware. We’ll help you identify the operational and financial impacts resulting from the disruption of business functions and processes, including:

•              Lost and/or delayed sales and income

•              Increased expenses (e.g., overtime labor, outsourcing, expediting costs, etc.)

•              Regulatory fines

•              Contractual penalties or loss of contractual bonuses

•              Customer dissatisfaction or defection

•              Delay of new business plans

AIS will present solutions for data backup (cloud and on-site); testing of the backup system for effectiveness; and the restoration of electronic information.

For more information on managed network solutions or to set up an appointment, call 800-627-1556 in the WNC area, and 877.335.0350 in the Upstate, or email aisinfo@abecarolina.com.