Business Continuity and Disaster Recovery (BCDR) is vital. DRBC is the overall process of reducing the likelihood and impact of a disaster on a business. It is a key component for business viability.
Business Continuity is the operations side of BCDR. For example, designing and creating policies or procedures that help essential business function during and after a disaster. It includes the replacement of staff, resolving service issues, business impact analyses and change management tasks.
Disaster Recovery focuses on the IT and the Cyber aspects of BCDR. it is how an organisation’s IT department will recover from both natural and computer related disasters (i.e. ransomware attacks). These BCDR elements can include:
- Server and network recovery – i.e. ensuring your business can remain online
- Copying backup data – ensuring all important data is stored in multiple locations should one become compromised i.e. both on your PC and in the cloud
- Providing backup systems – making sure you can gain access to business data i.e. if your laptop is damaged
- Replacing damaged technology – having a system and insurance in place to seamlessly replace that damaged laptop
BCDR involves identifying potential risks, launching plans and processes to mitigate these risks, and developing a recovery plan to ensure your business can bounce back should the worst happen.
It’s really important businesses are well prepared should the worst happen, mostly because the financial risks of a disaster can be huge, particularly if operations halt due to downtime.