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What Will it Take to Begin Your Disaster Recovery Planning?

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Here are some statistics to ponder...

  • According to research by the University of Texas, only 6 percent of companies suffering from a catastrophic data loss survive, while 43 percent never reopen and 51 percent close within two years.
  • According to a recent NFIB National Small Business Poll, man-made disasters affect 10% of small businesses, whereas natural disasters have impacted more than 30% of all small businesses in the US.
  • According to analyst firm IDC, about 70% of all successful attacks on computer networks were carried out by employees and insiders.
  • Gartner estimates that only 35 percent of SMBs have a comprehensive disaster recovery plan in place.
  • According to a recent Touche Ross study, the survival rate for companies without a disaster recovery plan is less than 10%!

So, if your network crashed tomorrow what's the likelihood that your business could survive? How prepared are you?

One of our engineers was pondering this exact question at 2:00 in the morning the other day trying to rebuild one of our client's drive arrays. Much to our comfort, he was able to rebuild it and get our client back up and running before the day started. But, this brush with catastrophe really made us ponder how seriously all of our clients take the responsibility of securing their data.

As much as it's our goal to "remove the worry" surrounding IT for our clients, often times we're handcuffed by the limitations our clients put on us because of budget constraints.  And while this is (somewhat) understandable, from my perspective it seems like only those who have "felt the pain" have any sort of perspective on this issue and have taken proactive actions towards ensuring their data is safe. This is a tough one for businesses to consider - how do you justify spending money where there is no quantifiable ROI. In the best cases (ie: where you won't ever have to use it), this is money spent that will never be recouped. On the other hand, if it's not spent and you are hit, 90% of you will be out of business within the year.

So, how close do you need to come to losing all that you have to finally act on this and begin your Disaster Recovery planning?  This shouldn't be a question you put off answering for too long.

About the Author
Craig Pollack
Craig Pollack Blog Profile Image Craig is the Founder & CEO of FPA Technology Services, Inc. Craig provides the strategy and direction for FPA, ensuring its clients, their business owners, and key decision makers leverage technology most effectively to achieve their business objectives. Craig focuses on ensuring that the technologies implemented by clients are "business centric" and key components of their businesses' success, and that this approach is shared by every staff member of FPA.
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