CLOSE

5 reasons why disaster recovery is essential for businesses

Old wisdom can still teach us a lot in how we handle modern technology: fail to plan, plan to fail; an ounce of prevention is worth a pound of cure. We could go on and on, but here’s a list of the top 5 reasons why disaster recovery planning is so important for your business.

Reason #1: It can happen to everyone, even your business

IT disasters are an inevitability in modern technology. It could happen to you at some point. Be it fire, flooding, corrupted data or a hacking attack: whatever the cause, your data can be the victim of a catastrophic event that puts revenues and customer satisfaction at risk.

Reason #2: Failover quickly

An ideal disaster is an oxymoron, but if there was it would simply cause your systems to failover to a separate disaster recovery site instantly without interruption to your service. Only your IT data centre managers would realise that the service previously running in one data centre now runs in the failover centre on the other side of town.

Reason #3: Minimize long-term negative impact

In the event of a disaster, your company’s continued operations depend on the ability to replicate your IT systems and data. Disaster recovery is a roadmap that will restore operations while minimizing the long-term negative impact on the company.

A disaster recovery plan lays out how you will prepare for a disaster, what your response will be, and what steps it will take to ensure that operations can be restored.

Reason #4: Machines and hardware fail.

While modern IT hardware is fairly reliable, it could still fail at some point. No one is immune to hard disk or internet connection crashes. Having a disaster recovery plan that eliminates all points of failure in your IT infrastructure is the only way to ensure that a hardware or software failure doesn’t interrupt your service or cause data loss.

Reason #5: Keep your customers

Customer retention is costly, but customer re-acquisition is devastatingly expensive. IT incidents are usually a very disruptive event for end-users too.  It takes a lot to earn customers’ trust, but after you lose their data or are even temporarily unable to offer them your service, trust quickly evaporates. So get a disaster recovery plan - it is far less expensive to prevent a disaster than try to re-acquire lost customers after one has occurred.

When an unforeseen event causes day-to-day operations to seize, a company will need to recover and resume operations fast. Downtime is one of the biggest IT expenses that businesses face.

With a disaster recovery plan in place, a company can save itself from risks including reputation loss, data loss, and the negative impact on clients and customers. Find out how BMIT can protect your business.

read next

Is your data safe enough?

Dale Schembri - April 11, 2019

In Verizon’s 2018 breach investigation report, over 65% of network intrusions were a result of hacking or social engineering attacks. So what can businesses do to protect against hackers’ attempts at accessing their data? When it comes to best-practices for online security, two-factor authentication (2FA) and multi-factor authentication (MFA) are always brought to the fold. […]

Read More

Cybersecurity risks within the financial sector

Dale Schembri - March 15, 2019

The financial services industry is undoubtedly going through a major shift, driven by the fintech wave of new products, operators and ways of doing business.  Accounting for shifts in technology, laws & regulations and global realities can be quite a daunting and time-intensive task. Taking a step back and reflecting on your long-term challenges and […]

Read More

Watch: Christian Sammut's interview at ICE 2019

Dale Schembri - March 6, 2019

Christian Sammut, BMIT's CEO discusses BMIT's recent announcements related to the €10m investment in a Tier 3 data centre, the strategic partnership with Microsoft and the recently-launched Backup-as-a-Service Solution. Watch the full interview below:

Read More
twitterfacebookbarslinkedinangle-downphone-handsetmap-markercrosschevron-leftchevron-rightcross-circle