Protect Your Organization When
the Unexpected Happens Devise a Solid Business Continuity and Disaster Recovery Plan
KURT E. HILDEBRAND E XECUTIVE SUMMARY
In today’s fast paced world, planning for business
continuity and disaster recovery (BC/DR) can be a real challenge. Although hardware has become more resilient and virtualization has increased service and application portability, most BC/DR plans still fail to adequately protect organizations from harm when the unexpected happens. In these situations, it is important to have a BC/DR plan in place that includes different types of disasters and also be aware of the latest disaster recovery technology that is available.
Reduce Risk with Disaster Recovery
In a world of big data, a BC/DR strategy is essential. A Ponemon Institute study showed that a single minute of downtime costs the average business $
7,9001 . As
companies continue to automate, that number will only increase. When The Aberdeen Group first examined the cost of an hour of downtime in June 2010, they found that downtime costs a company an average of $98,000 per hour. In this survey we find the average cost to have risen to almost $138,000, a 38% increase in just two years.When the cost of downtime is combined with the number and length of each event, the yearly negative impact of downtime and the value of Disaster Recovery as a Service (DRaaS) can be calculated.
Downtime costs will increase as companies continue to automate.
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