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Disaster Recovery Planning is a key component of any IT strategy with the objective of safeguarding your organization’s data. In an age where cyber-attacks are making headlines with alarming regularity, an actionable disaster recovery plan has become essential.
Businesses tend to have some elements in place but the key questions that need to be answered are as follows:
- Having a backup solution goes a long way towards protecting your data but does it go far enough?
- Can you be certain that you backup images can be restored?
- Can you restore your data within an acceptable time frame?
- How far back in time is the point you are restoring from?
- What would these elements of time cost your business?
A strategic disaster recovery plan takes into account all possible service-disrupting events, both technological and practical, and can include:
- System loss due to cyber-attacks,
- File corruption or deletion,
- Hardware failure,
- Network failure,
- Loss of physical site due to natural disaster or other catastrophic event, and
- Loss of key personnel.
So it could be a machine error. It could be a virus. It could be a flood. But sooner or later without a comprehensive disaster recovery plan in place, you’re going to be in a situation where you’re at risk of losing some or all of your data. Intellectually, you understand the consequences and you know that things happen sometimes.
A comprehensive disaster recovery plan will stop you becoming a part of statistics like these
- 90% of businesses losing data from a disaster are forced to shut down within two years.
- The survival rate for companies without a disaster recovery plan is less than 10%.
- Only 44% [of businesses] successfully recovered information after a recent data recovery event.
- 53% of claimants never recoup the losses incurred by a disaster.
Call us on 01625 615384 to talk about our Disaster Recovery Planning Services and see how we can protect your business for a fraction of what even a small disaster could cost your business.
How We Coped With a Cyber AttackWe were used to malware based emails but when one arrived looking like it was internal email we realised that it increased the chance of attachments being opened.Following discussion with CARA the board realised that an cyber attack was not only possible but inevitable.We have 35 staff all heavily relying on IT everyday to do there job. IT is at the heart of our business.We understood that our daily backups would give us an average recovery point of 4 hours and that the time to recover would take at least the same if not significantly longer. We also realised that, after only a few minutes and definitely no more than 2 hours, staff would not be able to remember what they had done so would be unable to replicate the work. I.e. Lost quotes emails etc etc. Possibly even lost sales or revenue.If We were hit at 3pm, 7 hours after last backup, CARA would be on site until midnight restoring and even if staff could remember it would take 7 hours the following day to get back to start point. So lets assume 2 days complete lost time. This is 1 tenth of a month. Our revenue is £350k per month so £35k lost capacity and production. We also assumed that sales revenue would reduce by £35k as we would have lost 1 tenth sales capacity as well.
So cost of 1 not massively extreme attack would be approx £70k. Lets assume that this is an exaggerated number and reduce the number by 75%!
Cost of attach IRO £18K.CARA proposed a full DR solution that cost a couple of hundred per month on the P&L account. We implemented this straight away.We were attacked 4 weeks later at 12.30pm. We were slow to react and only informed CARA at 3pm. By 4PM (1 hour later) all staff were back on, apart from one infected machine.
- There was NO LOST DATA (Apart from infected box that was replaced 48 hours later but user logged onto spare laptop within minutes so could continue work albeit at reduced capacity. Bank computer unaffected as not on the same network. Recommend this to anyone following bank fraud.
- Lost 1 hour capacity for 30 staff.
- So 30 hours lost compared with 540 man hours under old system! (6 hours lost data, 6 hours recover time and 6 hours replication) this is before catching up time so you could argue 720 hours.
- 720 hours at £15 per hour minimum average salary cost £10k before business lost revenue and sales!