Statistics show that 64% of companies have experienced cyber attacks. Cyber threats like malware, phishing, Man-in-the-Middle attacks, SQL injections, and many others have left businesses with financial loss, damaged reputations, and reduced consumer trust.
Having a disaster recovery strategy in place will help your organization and guarantee the safety of your database and network in the event of a disaster, from cyber attacks to calamities and natural disasters.
As an experienced managed IT company in Indianapolis, we’ve seen how disasters can impact organizations of all sizes. Keep reading to learn about disaster recovery planning and how it can help your business.
The Dangers of Data Loss
Data loss is one of the most common disasters affecting a business. Whether a power outage or a hostile cyber assault, the end consequence is the same either way. The files associated with your business either become inaccessible or corrupt. All operations must be put on hold while you figure out how to get back online.
Benefits of a Disaster Recovery Plan
Nothing is more devastating than being unprepared when a disaster occurs. It causes complete chaos that can have far-reaching impacts on enterprises even after they have been restored to service. This impact can range from the high expenses of emergency repairs to the potential for fines in the event of a data breach and the loss of business and reputation.
Below are just four of the many potential benefits of a disaster recovery plan for your company:
Disasters involving data can be pretty expensive. One data disaster could be enough to shut down a business due to the associated costs, but if you’re prepared for a crisis, you can avoid those repercussions. Even when things are functioning smoothly, a disaster recovery plan can positively impact earnings. In addition, it can be implemented more efficiently and at a lower cost when an external team is involved.
Acquiring a Deeper Knowledge of Scalability
When preparing for a disaster, finding new ways to solve problems is a crucial part of the recovery plan. Cloud-based data storage and backups, for example, ease archive management, improve backup efficiency, and cut down on disaster recovery costs.
In addition, the flexibility offered by cloud solutions exceeds that of maintaining an on-premises or remote data center due to the cloud’s scalability. Therefore, it is crucial to investigate and evaluate many alternatives when making contingency plans.
A ransomware or malware assault on your firm can have a devastating effect if you don’t have a solid disaster recovery plan. It’s pointless for criminals to try and steal your data when you can restore it from a secure backup. Plus, the cloud backup services themselves have better safety measures built in. These can not only help you spot unauthorized entry but also put a halt to any questionable activity.
Superior Retention of Existing Customers
Businesses may keep their service quality consistent by preparing for disasters in advance. But unfortunately, many companies have learned that winning back a former customer after an IT disaster is extremely difficult.
When a business in a particular sector experiences downtime, the impact on customers might be significant. Those who offer services to other businesses will find this especially true. As a result, your company’s ethics will reflect on the ethics of your client’s businesses.
Protect Your Data and Ensure Business Continuity
Be prepared for any disaster that comes your way. Managed Services Partners aims to give customers uninterrupted operations, valuable data, and a smooth IT infrastructure through effective data backups and recovery.
Contact us now to learn more about our services.