Disaster recovery. The organization can respond and recover from an event that negatively affects your business operations. Specific disaster recovery methods aim to enable the organization to regain critical systems and infrastructure as soon as possible. To prepare for this, businesses will often analyze their internal systems and create a business continuity plan to follow in times of crisis, leading to your disaster recovery plan.
Many disasters will be caused by system failures or by humans carrying out an intentional attack. These attacks can be significant enough to stop business operations altogether. Some types of disasters to look out for:
Disaster recovery and business continuity can be combined into a single initiative. While they both have similar goals, they are not the same. Business continuity is intended to minimize risk and help to ensure the business can continue to deliver products and services. They are focusing on how employees continue to work and how your business will continue operations while the disaster occurs. Disaster recovery focuses more on the IT systems that enable business functions. It will address specific steps that your business must take to resume technology operations following a disaster.
It is essential to analyze your business’s existing assets and priorities before determining disaster recovery strategies—two analyses in particular factor into this decision-making process – risk analysis and business impact analysis.
Risk analysis is an evaluation of the potential risks and the outcomes that your business could face. These risks can vary depending on the industry your business is in and its location. Assessments should help identify potential hazards, what these hazards could harm, and ultimately create procedures that take all of these risks into account.
Business impact analysis will evaluate the effects of the risks identified in your risk analysis. This can help to predict costs, both financial and non-financial. This analysis will also examine the impact of different disasters and the toll they can take on your business’s safety, finances, marketing, business reputation, legal compliance, and quality assurance.
Your business should consider your disaster recovery plan a living document. Regular testing should be scheduled to ensure the method is always accurate and will work properly when required. By evaluating against consistent criteria, you want to be sure to look out for things that can affect your disaster recovery plan whenever there are changes in your business or IT systems. Some components your plan should include: