The reason you should involve IT consulting on Long Island in disaster recovery is 60% of the small businesses do not survive six months after a cyber attack. However, companies that have a foolproof disaster recovery plan can ensure business continuity. Business continuity and disaster recovery are often used interchangeably, but they are entirely different strategies. However, they are both vital in protecting business operations. Here are the differences.
Business Continuity Has a Broader Scope
Business continuity entails a plan of action that looks to ensure that business operations continue after a disaster. In business continuity planning, a set of procedures and systems are put in place to ensure that assets and personnel are protected.
A business continuity plan is formulated in advance. It is based on the analysis of any risks that can affect the company’s operations. The risks defined include cyber attacks and natural disasters such as floods and fires. The risks are identified, and key stakeholders and personnel provide their input.
Business continuity planning involves determining how the risks impact business operations, creating procedures to mitigate the risks, and testing the processes to ensure they are effective. For foolproof business continuity planning, businesses should do a business impact analysis. This is analyzing the financial and operational effects of the disruption of business functions on the company. Steps to recover the critical business functions are identified and implemented. A continuity team is also created and tested.
Disaster Recovery is a Subset of Business Continuity
40% of businesses never reopen after a disaster. Partnering with an IT consulting firm on Long Island helps implement a disaster recovery plan that ensures lesser days out of business following a disaster. By having a data recovery plan for your Long Island business, you can minimize downtime.
Disaster recovery plans entail restoring vital systems that support business operations. The systems include IT assets, communications, and hardware. Disaster recovery looks to get systems up and running after a disaster within the shortest time possible.
Data breaches, theft of hardware, and system crash can make a company bankrupt and eventually lead to the shutdown of operations. The failure is a result of the lack of a disaster recovery plan. Data recovery plans should be updated from time to time.
The success of your business depends on your business continuity and disaster recovery strategies. A sound plan on how to respond to disaster will safeguard your business operations. To create an effective business continuity and disaster recovery plan, do a business impact analysis with the help of IT consulting experts on Long Island. At Total Technology Solutions, we can help you prioritize the systems that your business relies on for daily operations in business continuity and disaster recovery planning.