The Lloyd Voice

Your Guide to Disaster Recovery and Business Continuity

Jaden Ambrose
By Jaden Ambrose | May 25, 2022 10:56:45 AM

 

Disaster can strike at any moment. It’s essential that businesses are prepared to act fast when the time comes. Disaster recovery and business continuity will help your organization maintain resilience when faced with possible threats.

The focus of disaster recovery and business continuity is to strengthen your business’ ability to remain operational during and after a disruption.

What is Disaster Recovery and Business Continuity?

Disaster recovery (DR) is the method an organization uses to respond quickly, regain access, and resume operations after an unexpected interruption. DR is reactive, as it encompasses policies, tools, and procedures that take place after an incident.

Business continuity (BC) is proactive. It mainly focuses on implementing a plan that ensures your business can stay afloat during and after a disaster.

Combined, BCDR considers any unexpected events that could arise, such as cyberattacks, natural disasters, equipment failure, and human mishaps. The goal is to remain operational and resilient.

Why is BCDR Important?

Disaster recovery and business continuity are more essential now than ever. Most organizations are extremely dependent on their digital technology to keep their business up and running, and any disruptions could severely impact that. The main benefits of BCDR include:

  1. Faster recovery – Planning for potential disasters means your business is able to recover much faster after an incident and restore any mission-critical services in a short period of time.
  2. Reduce damage – Many disasters will inevitably cause damage, however, the goal is to reduce the extent of that damage.
  3. Minimize interruption – Your business can continue to remain operational during the unplanned event with minimal interruption.

Developing a Plan

Consider your risks – It's important to assess any potential risks that your organization might face. Your response, procedures, and resources will vary depending on the type of event that takes place.

Identify your assets – When developing your plan, you must identify which systems, applications, data, and resources are most critical for day-to-day operations.

Testing and optimization – Possible threats, as well as business needs, are ever-evolving. Once a strategy is in place, it should be consistently tested, reviewed, and updated. Testing can also identify areas in the plan that require improvement.

Lloyd Group provides a proactive approach towards disaster recovery and business continuity by ensuring all aspects of your business continue functioning regardless of potentially disruptive events.

Contact us to discover more about how our DR team can effectively establish, implement, and manage your disaster recovery plan to protect your business 24/7.

 

Read next: Preparing Your Business for a Large-Scale Cyberattack

 

Topics: IT Services, Technology, Disaster Recovery, Cyber Security, Cyber Attacks, Consulting, Strategy, Business Continuity

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