Business continuity, disaster recovery, and organizational resilience all take different approaches to the same problem ensuring that businesses can protect key operations, recover lost functionality, and maximize performance when disruptions threaten the organization.
Disaster recovery deals with getting systems back up and running and rebounding from the problem. Failing to plan for disaster recovery could result in data loss, server downtime, financial losses, and regulatory compliance issues for organizations. Business continuity and disaster recovery plans, on the other hand, emphasize the need for protecting and restoring important business functions.
When designing a business continuity solution, your business risk advisor should help you evaluate how much data loss can be absorbed in case of a failure. For a business to survive after a disaster it is crucial that someone give some thought into what could happen, what should be in place and what the process should be to recover afterward.
In case of an emergency, your organization is able to respond quickly to ensure that critical business functions continue without disruption. It involves restoring and recovering IT infrastructure, including servers, networks, devices, data and connectivity. Without adequate preparation and testing, the normal functioning of your companys activities, including individual processes, systems and data can slip through the cracks due to faulty planning and execution.
Business continuity and disaster recovery planning are designed as methods for reducing the impact of a disaster or business reduction. Disaster recovery focuses on the information of technology systems that support business functions. These are usually subscription-based, where you pay a monthly fee for a suite of services designed to help your organization survive calamity.
Business continuity planning is essentially the identification of the internal and external business risks to your organization and developing a business recovery capability accordingly. Although making regular backups to a secure offsite location is important, an effective rapid recovery solution is crucial. The overall idea of disaster recovery is to develop a plan that will enable your IT organization to have all business-critical systems up-and-running after a disaster.
Few of the issues which are included in the business continuity plan would be business resumption plan, incident management plan, occupant emergency plan, disaster recovery plan and continuity of operations. Routine planning, coordination, and testing can reduce downtime during disasters and reduce recovery costs. organizations that had disaster recovery and business continuity plans in place now have one less thing to worry about.
One of the keys to successful disaster recovery is testing your business continuity plan on a regular basis. In many cases, business continuity is used interchangeably with disaster recovery, crisis management, and related disciplines. At its core, a business continuity plan is a strong framework to support your organization when the unexpected occurs. Contingency planning around these types of physical challenges is very important, but planning for the perhaps unseen disaster of an IT failure is just as vital to maintain business continuity.
Want to check how your Disaster Recovery Business Continuity Processes are performing? You don’t know what you don’t know. Find out with our Disaster Recovery Business Continuity Self Assessment Toolkit: