If you think your business can endure hazardous events and your data is immune from irrevocable loss, think once again!
45% of unplanned downtime is due to hardware failure? Or that 48% of IT providers indicate phishing emails were the cause of ransomware? And 36% say lack of employee training was to blame for cybersecurity mishaps?
Tanium says that Business resilience—or disaster recovery, or business continuity—are like insurance to your business data. You just need to have it just in case something catastrophic occurs. It is something you put in place after a disaster strikes.
This blog highlights the need for Business Continuity and Disaster Recovery for an organization and best practices to implement them.
What is Business Continuity and Disaster Recovery?
BC – Business Continuity:
It involves developing roadmap and strategies to ensure business operations continue to run smoothly pre and post-disaster. Change management, service availability, impact analysis and staff replacement can be part of Business Continuity plan.
DR – Disaster Recovery:
It is primarily aligned with the IT resources of an organization. It is all about how a company’s IT department and related resources recover from any form of disaster. Facilitating backup systems, backing up copied data, servers and network restoration will be planned under Disaster Recovery.
I am looking for a BCDR strategy for my Organization
Need for Cloud Business Continuity and Disaster Recovery Plan
Many companies with good reputation often suffer from undesired performance issues. Everything is unpredictable – Market, Customer demands, Environment, and Compliances. So, it is very important to prepare for the worst and face it confidently when needed. In addition, with the current adoption rate of new technologies and making sure mission-critical processes, applications, systems and data are available at all times is a challenge.
This is when BC/DR comes to the rescue, which is a combined set of processes and techniques used to facilitate the company’s recovery from a disaster and promote the routine business activities without any breakdown.
Nearly 40-60% of small businesses who lose access to operational systems and data without a DR plan close their doors forever. Companies that can recover do so at a much higher cost and a longer timeframe than companies who had a formal backup and disaster recovery (BDR) plan in place.
In this scenario, technological organizations should contemplate about investing in Business Continuity and Disaster Recovery (BC/DR) strategies for long-term benefits. The rapid increase in cloud adoption and increasing need to manage huge data is driving organizations to look at cloud-based backups and Managed Service Providers (MSPs) as viable options.
The major risk that stands without BCDR?
- Cyber-attacks: Organizations networks and systems continuously face a number of cyber threats. From viruses, malware to simple hardware and system failures, businesses mission-critical data is never disaster-proof.
- People fail – Employees may unknowingly download a potential virus into the system – thereby exposing
the entire business to risk. If the organization does not have enough resources to fix the situation on
time, whole data in the network will be compromised posing a threat to the assets.
- Customer data risks – Potentially it is more expensive to retain a customer after the organization loses its data than to invest in BCDR on time before anything catastrophic happens. It may lead to legal lawsuits also.
We are facing these Issues.
Benefits of Cloud Business Continuity And Disaster Recovery
Traditionally Business Continuity and Data Recovery strategies are implemented on a remote data center. There is a need for complex infrastructure and computing technology to sustain. This prompted businesses to move to cloud solutions which promised to be durable, reliable and available at all costs. Leaving a company unprepared when trying to come up with a plan of navigating the rough waters of post-disaster damage control is not an effective way of operating.
AWS has many services and technology partners providing disaster recovery solutions due to its vast network of data centers and its wide footprint globally. The data centers available avoid a single point of failure and are fault tolerant when an attack happens possible due to availability zones and edge locations.
AWS ensures RPO in few seconds with the help of the Cloud. Durability Record of AWS is 99.999999999% also known as 9×11’s in the industry. Using automation and orchestrations RTO is reduced to minutes.
When thinking about cloud security, it’s ultimately up to you to determine the proper Business Continuity And Disaster Recovery plan in place. Nowadays, Federal & State laws are insisting on having a business continuity model in place. Data recovery is considered as the highest priority of cloud adoption.
How Minfy Technologies can help you?
Minfy Technologies is the most trusted AWS Advanced Consulting Partner. As AWS Managed Service Partner, we ensure a 100% success record with more SAP on AWS than any other company. We are pioneers of AWS cloud migrating Microsoft workloads and DevOps. We also provide cloud consulting and application development in emerging technologies like AI/ML.
Our native customer base is across verticals. Check out how Minfy Tech Helps Government IT Department Modernize with AWS Cloud, where Government of Manipur’s department of IT adapted AWS Cloud Framework to migrate their critical services on to the cloud.