Protect Your Business: What is an IT Disaster Recovery Plan?

Protect Your Business: What is an IT Disaster Recovery Plan?

In today's world, businesses are completely dependent on the technology they use.

Salons use booking software to make appointments. Doctor's offices use electronic filing systems to keep track of highly sensitive patient records. 

An IT catastrophe can cripple or even destroy a business, and you never know when one might happen.

Luckily, you can prepare for it in advance by implementing an IT disaster recovery plan. Read on to learn about what this entails and how to create one for your company.

Disaster Recovery

Businesses are vulnerable to all kinds of IT disasters.

Hackers can launch cyber attacks to steal company or customer information. System failures can cause you to lose data. Power outages from natural disasters can put a halt to the work day.

The goal of disaster recovery is to create a backup plan that creates "business continuity." Meaning, the daily operations can continue during and after an IT emergency.

Why Your Business Needs One

After a cyber breach, you'll end up spending money trying to fix the problem. You can also be subject to fines and lawsuits.

In 2013, Target experienced a data breach that they estimate has cost them a total of $202 million. They were able to recover, but smaller brands usually aren't so lucky. 

Consumers give their loyalty to companies they can trust. If you compromise their data, they will take their business elsewhere. In fact, 60% of small companies folded within six months of a cyber breach. 

Even if you don't experience a security attack, any upset to your daily operations will hurt your business. If your servers go down and there's no backup plan, you could lose days of work. This upsets customers and your bottom line.

Creating a recovery plan will help your business escape this fate. 

How to Create a Plan

To create a disaster plan you need to figure out exactly where your business is vulnerable. 

To do this, a company must conduct a risk assessment. This pinpoints what danger your data and operations are open to. Businesses aren't all at risk in the same ways. 

It's helpful to bring in a professional who can point out risks you might not have thought of. They can also suggest the best ways to prepare for these threats. 

Once the risks and preparations are identified, that information needs to be stored clearly and effectively.

You can go online and look for disaster recovery plan templates. This will help you lay out your plan in an organized way.

These templates will prompt you to articulate your plan's goals, important IT phone numbers, emergency action steps, insurance coverage information and more.  

Implement an IT Disaster Recovery Plan Before it's too Late

A technical catastrophe can strike at any time. Don't wait until next week to implement an IT disaster recovery plan when an emergency could happen tomorrow.

Right now, your company is vulnerable. Contact us to learn about how we can create a recovery plan that will keep your company safe.