Business Continuity Planning v/s Disaster Recovery
Nowadays IT is the backbone of most industries; irrespective of the size, nature and type of the organisation. Business continuity from the IT perspective is a very serious yet most neglected issue in the Small & medium enterprises. Very few managements are prepared to invest in the devices & systems required for Business Continuity till the time disaster strikes. Unfortunately many a times it is too late and the organisation has to bear irreversible losses.
DR : Disaster Recovery
Aim : To ensure that the effect of the disaster is minimized
BCP : Business continuity Planning
Aim : To ensure that your business is not down while your tech staff is trying its best to recover the data & restore the primary site
The other component could be the provision of redundant systems to be activated during the time the primary site is down
Types of disasters
DR Statistics Statistics of companies (Internationally) that had a major loss of business data :
This results in a majority of failed businesses.
DR Parameters : The cost of the disaster recovery system depends on the foll 2 major parameters :
DR Parameters for Business Processes
Typical DR parameters
DR Components & considerations :
Criteria for setting up DR Site :
● Your BCP has to take into account the maximum duration for which your business can afford to be down (or be without the data) without getting into serious trouble. ● A simple rule of the thumb is that the amount of money that you will invest into DR is that amount that you can Criteria for setting up DR Site
● Your BCP has to take into account the maximum duration for which your business can afford to be down (or be without the data) without getting into serious trouble. ● A simple rule of the thumb is that the amount of money that you will invest into DR is that amount that you can afford to lose in case disaster strikes