40% of small to mid-sized businesses who experience a disaster and lose their data for more than 24-hours will eventually close as a result. (Gartner Risk Management Survey)
Additionally, 43% of companies who experience a disastrous fire are never able to resume business. (US National Fire Protection Agency)
As an important part of your Business Continuity Plan, a Disaster Recovery Plan is a document that will help ensure that business can resume as quickly as possible should a disaster (such as fire, act of God, etc.) occur. This is a written contingency plan that details specifics of daily operations that are crucial to conducting business.
The plan will include items such as (but not limited to):
• Company Emergency Response Team
• Contingent Office Facilities Directory
• Data Back up and Restoration
• Vendor Directory and Contingency Plan
• Communications Contingency Plan
• Financial Directory and Contingency Plan
• Mid and Long-term Contingency Plans
Creating and updating a Disaster Recovery Plan on a regular basis will enable a quick recovery and minimal loss of profit and growth should a disruption of business occur due to an unforeseen/unplanned disastrous event.
Is your company disaster-proof?
To have your company evaluated for possible risks, including the area of IT, contact us today.Links of Interest:
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