Disruptions like natural disasters or cyber attacks can be devastating for your business. Continuing daily business operations while implementing repairs is a daunting task that can pose many challenges. Without a business continuity plan, it is nearly impossible to maintain business research paper writing help functions and perform repairs after a disruption. Understanding business continuity is the first step in disaster recovery planning.
For any disruption, including a man-made event or natural disaster, you need a continuity plan. A business continuity plan is a strategic plan for responding to disasters. The framework is created based on the prioritization of business operations and risk factors. Assessing the company’s mission critical deliverables and prioritizing their mitigation, recovery, and restoration is a central part of business continuity planning. Both planning and testing are critical for a sound business continuity plan. The strategies in the plan should be tested and practiced so that all roles and responsibilities are clear and efficient. To stay on top of potential threats, organizations must continuously update their emergency systems through frequent testing and simulation.
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Disaster recovery is one vital subset of a business continuity plan. Disaster recovery planning is the process of restoring critical systems. Along with hardware and communications, information technology assets are at the forefront of disaster recovery. The primary objective of disaster recovery is to reduce business downtime and quicken recovery time. IT disasters can dramatically impact businesses. 93% of companies with an IT disaster file bankruptcy within one year. A strong disaster recovery plan is a crucial component of business continuity planning that can save your business after a disaster strikes.
Formal disaster recovery planning is a requirement of federal and state laws. Financial enterprises need to have a business continuity plan, and all healthcare companies’ plans must comply with HIPAA requirements. Assessing threats and your mission critical deliverables are essential for avoiding and combating a disaster. A thorough, detailed business continuity plan with a detailed disaster recovery plan allows you to continue business functions in the face of disaster. By increasing your company’s resilience, business continuity planning reduces recovery time and improves data recovery. Your business continuity plan will steer you when navigating emergency scenarios and help you avoid long-term damage.
By partnering with a knowledgeable cyber security firm like Thrive Security, you can excel at business continuity planning and cut down your recovery time. The experienced team at thrive provides your company with the best chance of keeping your business functions active while recovering from a threat or disruption. Visit our website or give us a call at (317) 974-0382 to learn more about how we can help with the planning and testing of your continuity and disaster recovery plans.