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Many SMBs operate with a sense of unrealistic optimism when it comes to data loss and disaster recovery. However, the reality can be quite different and negatively affect your business if you’re not vigilant. As the rate of digitalization increases, so does the risk of data loss. Can your business afford a data-loss incident?
It doesn’t matter if data loss happens because of human error, cyberattack or natural disaster. It can have far-reaching consequences such as:
Prioritising backup and disaster recovery for your business is very important. A comprehensive backup and disaster recovery solution provides secure, uninterrupted backup and quick data recovery — with a cloud-based architecture that ensures the company runs seamlessly in the event of a disaster.
The following terms will give you an idea about the type of actions and processes you should aim to implement within your business:
MBCO signifies the minimum level of output needed after severe disruption to achieve business objectives. It is the minimum acceptable level of products or services that must be provided during a disaster. Articulated correctly, the MBCO gives guidance on what should be recovered as a priority and how extensive the recovery should be.
MTPD is the duration after which the impact on a business caused by disrupting critical services and products becomes intolerably severe. This has to be well discussed and agreed upon with your service provider to ensure your expectations will be met when a disaster strikes.
Visit our Downtime Calculator on our Resources Page to estimate how much each hour of downtime would cost you.
RTO is the time it takes before employees can start working after a disruptive event. It’s usually measured in minutes and derives directly from the MTPD.
RPO is the amount of work that can be lost and will need to be done again after a data-loss event. It’s usually measured in seconds. The shorter this time is, the better, as it means less data will be lost.
Having an effective backup and disaster recovery solution provides several benefits. Here are the top six:
The first half of 2020 alone had close to 200 reported natural disasters. While it’s impossible to stop a natural disaster, you can ensure your data is protected and take the necessary measures to prevent downtime.
With the rate of cyberattacks going through the roof and SMEs being a constant target of attacks, it is essential to have a robust backup and disaster recovery solution to protect your business.
If your business handles sensitive data like Personally Identifiable Information (PII), measures should be taken to ensure it never ends up in the wrong hands. Safeguarding all critical data can build your business’s reputation and prevent regulatory penalties.
It doesn’t matter how disaster strikes. What matters is how quickly your business bounces back. A good backup and disaster recovery solution helps you get up and running as soon as possible.
From accidental or intentional misdelivery or deletion to corruption of data, employees can pose a security threat to your business. Deploying backup and disaster recovery is, therefore, crucial. You must also train your employees on the difference between acceptable and unacceptable behaviour.
Unexpected system failure can lead to downtime if you don’t equip your business with backup and disaster recovery.
Remember, it’s your responsibility to protect your business from data loss and its chaotic aftereffects. If you can’t handle this alone, don’t worry. We’re here for you. With our backup and disaster recovery solutions, we can help build a resilient strategy to protect your business against data loss and give you much-needed peace of mind in the event of a disaster.
Get in touch today and our specialists will be happy to assist in all things technology, GRC and cyber security.
Article curated and used by permission.