It is now generally recognized that Business continuity planning and disaster recovery planning are vital activities. The sole purpose of business continuity is to maintain a minimum level of service while restoring the organization to business as usual. However, the creation of and maintenance of a sound business continuity...
CASE DESCRIPTION This case analysis examines the process of developing and implementing a disaster recovery plan. The case (1) discusses some of the inherent problems that large organizations face in developing an effective disaster recovery plan, and (2) highlights the challenges of implementing a disaster recovery plan in the face...
One could speculate that, ten years from now, people will look back at 2002 as the year when business continuity/disaster recovery shifted from "nice to have, if you can afford it," to "we couldn’t do business without it!" When the circumstances are so unreasonable that the core premises of the...
Putting a disaster recovery plan in place isn't cheap, though it's never as expensive as not having one when disaster strikes. But as one TechRepublic member explains, there is a cost-effective approach, and he provides a template to follow.
The average company spends approximately $3.00 to insure every $1,000 of corporate assets, and this cost continues to increase. Insurance companies have become a significant driving force in the development of disaster recovery plans by tying policy renewals and premium amounts to the level of disaster preparedness a company has....
In this article, it is explored that what the banking industry's specific disaster recovery needs are and explain some state-of-the-art recovery solutions that have emerged as a direct outgrowth of those needs. Planning is vital to disaster recovery because the primary objective is to avoid problems before they occur. Disaster...
This article is about disaster recovery & business resumption planning. It's common to underestimate the importance of having a disaster recovery & business resumption plan. It's also a common -- and mistaken -- belief that the effectiveness of such a plan should be judged by the number of pages it...
A disaster can strike anytime and anywhere. The consequences of the same could be very serious for a business enterprise. It is essential for an organization to have full-proof disaster recovery plan in place to meet with any eventuality of the impending disaster. The paper outlines various emergencies and discusses...
A business recovery plan has many descriptive names: disaster management plan, disaster recovery plan, emergency preparedness plan, contingency plan, business resumption plan, or disaster contingency plan. For simplicity -- and because it is the term that regulations use -- the term "contingency plan" is used throughout this material. Developing a...
According to the U.S. Bureau of Labor, most companies that experience a major disaster are no longer in business within five years. Regardless of what catastrophe you or your clients may face, the more that you plan, the easier and faster your recovery. This article explains some some basics to...
Disasters can strike at any place and at any time. But, most people relate disaster with natural calamity or attacks by anti-social elements. Experts, however, suggest that a disaster can also relate to internal failure of operations within organizations. If systems fail within an organization, the Government cannot do anything....
New technologies and recent storm reports have forced many companies to review disaster recovery plans and data protection policies. Many companies that were very diligent in protecting their data to tape or disk onsite found their offsite protection was inadequate. Some had a total data loss as a direct consequence...
Any company can crumble down like pack of cards if a disaster strikes unalarmed. No matter how many security personals, electronic equipments, or security alarms are pressed into service, nothing can beat an unexpected event. It is in such kind of situation that one understands the real value of disaster...
In recent years, the acts of terrorism and other related disasters have emphasized the need for efficient disaster-recovery plans. Such plans emphasize on proactively mitigating the effects of an impending crisis. The disaster-recovery plans include provision for a backup mechanism to ensure continued business operations in the face of the...
Business thought they had bought piece of mind now with their critical data being stored offsite. However, the aftermath of Hurricane Katrina will force all companies to re-think about what it really means to successfully resume business after a disaster. Disaster has a new definition. Is your business ready? This...
The article elucidates the consequences of different disasters and tries to give some steps in order to recover the situation. A disaster always happens to someone else, and may be ugly. However, that disaster is always entertaining. When a disaster strikes a business, the effects are devastating. Disasters range in...
This paper explains the Business Continuity/Disaster Recovery (BC/DR) plan which serves as the main resource for the preparation for, response to, and recovery from, a disaster that affects any number of crucial functions in an organization. A BC/DR plan provides a framework for the decisions made and actions to be...
Every business and organization could experience a serious incident, which can prevent it from continuing normal operations. Hence, every organization needs to plan for these scenarios. Disaster recovery planning is a step in this direction. The paper provides an overview of business continuity and disaster recovery planning. It also examines...
Companies are revisiting their disaster recovery plans to cover the harsh new realities of life on U.S. soil. Until Sept. 11, few CFOs actively managed disaster recovery plans. That's changing now that new threats have been added to the lineup of potential crises, and businesses are recognizing the importance of...
Employees are ones most valuable assets. Helping them to protect their families and property is the most important step in post-disaster recovery. The first step is to develop a plan based upon natural disasters that are likely in any region of the country. The plan should include the supplies on...
