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If catastrophe strikes, your business systems and data must remain safe and available.
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 proactively protect your systems and data against disasters of all types.
5 Types of Disasters That Can Hinder Business Continuity
1. Plan to Fail
Businesses with a disaster recovery plan report increased savings, enhanced system reliability, improved security, and reduced 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 is digitized. The majority of these 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, damaged client relationships and reputation, and wasted resources controlling the damage.
You can't always control what life throws at you, but you can be ready when it does!
System 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in the last year, caused primarily by phishing & social engineering, malware, spear phishing, denial of service, and out-of-date software, rending the organization's own network either contaminated or inoperable.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 businesses 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 contractors. 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.
Want to protect your business from downtime? Let's talk. Contact us today for more information.
