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What Every CEO Should Know about Disaster Recovery

Disaster Recovery

As the leader of your organization you have many concerns on your plate, including growth, competitiveness, profits for shareholders, and much more. However, one existential concern that is often overlooked is disaster recovery. Without a comprehensive disaster recovery program, your organization is exposed to various serious risks, including natural disasters and cyberattacks. 

The impacts of these risks can be fatal, resulting in loss of revenue, penalties, and fines, as well as damage to your business’s brand caused by data loss or downtime. According to the National Archives & Records Administration, 93% of companies that lost their data center for ten days or more due to a disaster filed for bankruptcy within one year.

Despite this risk, many CEOs still struggle to see the value in investing in a professional disaster recovery solution. However, there are three ideas to consider that may help you see the value in disaster recovery.

1. Be Confident in Understanding the Difference Between Backup and Disaster Recovery

Firstly, it’s essential to understand the difference between backup and disaster recovery. While backup protects critical data by making copies and having them available in case the original data is lost, disaster recovery goes beyond backup to ensure quick and complete recovery from any disaster. It’s a comprehensive plan that lays out every step necessary to recover fully and ensures those steps are taken. A solid disaster recovery plan includes data backup, but it goes further to define recovery objectives, roadmap all the responses required of staff, and regularly test backup copies to ensure they are indeed recoverable.

2. Be Armed with Information That Protects the Business

Secondly, disaster recovery is not just about getting systems back online; it’s an investment that can boost revenue and enhance business performance. Disaster recovery is an opportunity for C-level executives to gain insight into every part of their organization, ensure the business is always available to customers, and ultimately succeed as an enterprise. A detailed outline of possible threats and the costs and benefits of a comprehensive disaster recovery program can help you understand every angle of the initiative and make informed decisions.

3. Informed CEOs are turning to DRaaS

Lastly, many businesses have discovered that assigning in-house IT staff members or other managers to disaster recovery distracts those people from the job of supporting daily business activities. Therefore, many CEOs are turning to a Technology Service Provider rather than devoting budgets and workers to creating, deploying, and maintaining a disaster recovery plan. Disaster recovery as a service, or DRaaS, is a managed solution many tech service providers offer today. In the event of a disaster that brings down your organization’s servers, disks, or other data resources, a DRaaS partner will step in quickly to restore data and infrastructure.

Get a Disaster Recovery Plan with Mindcore

Operating your business with no disaster recovery policy other than hoping a disaster won’t happen is not sound practice. With an experienced  technology firm offering solid solutions, investing in a professional disaster recovery solution is entirely unnecessary. By understanding the value of disaster recovery, you can ensure your organization is protected and prepared for any disaster that may come your way. Contact us today to learn more about our disaster recovery services!

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Learn More About Matt

Matt Rosenthal is CEO and President of Mindcore, a full-service tech firm. He is a leader in the field of cyber security, designing and implementing highly secure systems to protect clients from cyber threats and data breaches. He is an expert in cloud solutions, helping businesses to scale and improve efficiency.

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