Disaster Recovery (DR) involves a set of policies, tools, and processes designed to recover or enable the continuation of vital technology infrastructure and systems following a natural or human-induced disaster.
DR focuses on the IT or technology systems SUPPORTING critical business functions, as opposed to business continuity, which involves keeping a business’s essential functions going despite significant disruptive events. DR can be considered a subset of business continuity.
Perform a vulnerabilities risk assessment for your current system. Enable a standardized communications plan for your employees and customers that can be shared and trained so everyone is “on the same page”.
Resume business operations quickly
*Standardized, streamlined, repeatable, and consistent process that can be templatized per team needs. Increase in the team’s confidence, by reducing the time window and improving feature quality. Restore faith of the stakeholders and close the window of interruption.
Potential for legal fines
You have specific regulations to uphold, based on your industry, so the DRP should minimize the risk of incurring compliance penalties. With a standardized plan, not only can you quickly address any regulatory questions, but you can also project to the regulators and your resources, you “have a plan” and follow it.
Loss of confidence by critical resources.
The DRP should help leaders, owners, employees, and investors feel at ease knowing your company is on firm ground when it comes to minimizing the unknown events that could affect them. A standard plan provides one source of truth to track all issues, remediation, and execution.