When discussing whether business’ have a business continuity and disaster recovery (BCDR) in place, many would say that they have some in place but really only have Cloud Backup in place. So, what is the difference between the two? Cloud backup, simply put, is backing up your data to a remote cloud-based server which is accessible to many different and connected resources.
While BCDR is focused more on ensuring that your business will be able to continue after a disaster, whether it be natural or due to human error. Business continuity focuses more on the continued activity or how fast your business can go back into operation after a disaster, while disaster recovery refers to the set of policies which are put in place to protect your business’ technology infrastructure.
You can separate backup, disaster recovery, and business continuity by the time it takes to restore and/or recover your data and get back to work. BCDR plans can help you speed up recovery time from days and weeks to simply just minutes or hours. Below are three main reasons why businesses should have a proper BCDR plan in place:
To prevent downtime and loss of revenue
Businesses usually can’t afford downtime as it can significantly affect profits, with a BCDR plan, you can minimize the downtime and loss of revenue you would incur.
To prevent data loss
A BCDR plan in place can help you prevent the loss of data to ensure that your business can still operate, a study once found the 87% of businesses that lost access to their data for more than a week would eventually close down a year later.
To protect the business reputation
With how consumers expect most business to accommodate them 24/7, it can damage the business reputation once long periods of downtime is experienced by consumers. With a BCDR plan in place, you can help prevent these types of reputation losses from happening.
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