Unscheduled downtime is expensive, not just because things like repairs can cost a lot of money, but also because every minute of downtime can result in lost business and reduced employee productivity. While it might sound grim, disaster recovery (DR) is all about preparing for the worst and mitigating unexpected events such as natural catastrophes, hardware failures, data breaches and even human error.
For business owners, major catastrophes like storms, hurricanes, and fires are their biggest nightmare. Considering that 60% of businesses shut down after a disaster, the odds aren't on their side. What's worse is that businesses rarely create a Disaster Recovery Plan (DRP) to prepare for these incidents.
Business owners who want to stand out in a highly competitive market must come up with a way to level the playing field. One strategy to gain an edge is by leveraging the power of technology, because sticking to outdated methods and tools just holds your company back.
Cybersecurity continues to be a growing concern, and the coming years will likely see numerous major attacks attempting to undermine the integrity of the cloud. Now that digital data is clearly the most valuable commodity on the planet, cyber criminals are making a killing with ransomware attacks, phishing scams and other nefarious activities.
Whether your business is hit with a brief power outage or an extreme weather disaster, any kind of interruption to your organization’s productivity can cut into your profits. That’s why it is important to have a business continuity plan and utilize BC tools to ensure your organization can stay in operation at all times. Here […]
Most business owners don’t normally think they will be a victim of a natural disaster…not until an unforeseen crisis happens and their company ends up suffering from thousands or millions of dollars in economic and operational losses — all because of the lack of thoughtful disaster preparedness. This post gives small or mid-sized businesses (SMBs) […]
When people think of the causes of downtime and the need for a Business Continuity Plan (BCP), they tend to think big. Powerful storms, massive blizzards, fires and floods are usually what springs to mind when business continuity is mentioned. And while these disasters can disrupt your business, a small power outage can be just […]
While it is highly likely that you have an insurance policy that will cover your small or medium-sized business in the event of a disaster, chances are you don’t have business interruption insurance. The majority of smaller companies tend to overlook interruption policies, believing (or at least hoping) that regular insurance will be enough to […]
A Business Continuity Plan (BCP) is a valuable security blanket for countless companies across the nation. And while business owners hope they never have to invoke their continuity plan, it is important to understand which events might necessitate it coming into action. By understanding how certain disasters can impact your business, you’ll have a better […]
As it is only a matter of time before the first winter storms hit in many places, you might want to consider taking a look at your company’s business continuity plan. Each year heavy snowfall and other weather-related incidents interrupt services and cost businesses money. One way to prevent this from happening is by communicating […]
