In a recent Disaster Recovery survey, we asked business owners if they currently had a Disaster Recovery Plan in place. While only 1% felt secure without one, the overwhelming majority didn’t. More than 57% of those surveyed said they currently have a plan that needed a little work; 27% said they don’t have a plan, but would like to develop one; and the remaining 15% have a plan that they felt was good to go.
You may think of these plans as a documented strategy to save your business in the event of a major disaster like a flood or fire, and you wouldn’t be alone. But the reality is that a Disaster Recovery plan is created to protect your infrastructure against any event that could cause disruption, including technical glitches, system failures, power outages and even cyber attacks or data theft. These disruptions cost companies thousands (and in some cases hundreds of thousands) of dollars in damage and an even bigger loss at the end: damage to the company’s brand.