To increase the opportunity for a successful recovery of valuable records, a well-established and thoroughly tested disaster recovery plan must be developed. This task requires the cooperation of a well-organized committee led by an experienced leader.
A disaster recovery plan (DRP) should also include plans for coping with the unexpected or sudden loss of communications and/or key personnel, although these are not covered in this article, the focus of which is data protection. Disaster recovery planning is part of a larger process known as business continuity planning (BCP).
What is a Disaster Recovery?is the process, policies and procedures of restoring operations critical to the resumption of business, including regaining access to data (records, hardware, software, etc.), communications (incoming, outgoing, toll-free, fax, etc.), workspace, and other business processes after a natural or human-induced disaster.
As the disaster recovery market continues to undergo significant structural changes, the shift presents opportunities for companies that specialize in business continuity planning and offsite data protection.
With the rise of information technology and the reliance on business-critical information the importance of protecting irreplaceable data has become a business priority in recent years. This is especially evident in information technology, with most companies relying on their computer systems as critical infrastructure in their business. As a result, most companies are aware that they need to backup their digital information to limit data loss and to aid data recovery.
Most large companies spend between 2% and 4% of their IT budget on disaster recovery planning; this is intended to avoid larger losses. Of companies that had a major loss of computerized data, 43% never reopen, 51% close within two years, and only 6% will survive long-term. [1]