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Most business owners take every precaution possible to prevent risk and financial loss. Unfortunately, during the chaos of running a business, there are times when you miss doing some of the most critical steps of securing your business.
In today’s online digital world, no business should take the risk of not securing their data. That is why it’s critical to employ an in-depth backup and disaster recovery plan to minimize your company being at risk.
Any business owner that has experienced the nightmare of losing access to their company network understands just how crucial it is to have a plan in place.
Whether the loss came from a natural disaster, human error or a cyber attack, data loss is risky and incredibly expensive.
That is why the money and time invested in a backup and disaster recovery plan minimize risk while giving you peace of mind.
As a business owner, having this security will ensure you’ve taken all the critical steps to protect your company data.
What is Backup and Disaster Recovery Plan?
In today’s digital world it is scary how many business owners have never heard of backup and disaster recovery.
It’s called, BDR, for short. Defining a disaster backup plan in a simple form is it is combining data backup and disaster resolutions that work together to do the following in the event of a cyber attack or human error
- Diminish data loss
- Maximize productivity
- Ensure Uptime
In other words, when trouble or error happens, backup and disaster recovery will keep your business data safe. The scary part is that even when some business owners are aware of the risks involving cyber-attacks and other issues, they still fail to take precaution to prevent it from happening.
Any downtime can have a significant impact on small businesses that let their “that won’t happen to me” attitude stand in their way of taking steps to protect their company. Plenty closed businesses felt the same yet fell victim to disaster.
It is a huge mistake to think your business will not attract cybercriminals because you only have small amounts of data compared to large corporations. Allowing this can be costly, and to some companies, a fatal mistake.
This is mainly due because small business owners do not take security threats seriously. They assume that it is only large corporations that are at high risk. Unfortunately as many find out, this is an unreasonable false assumption.
Five Reasons Why Small Businesses Need a Disaster Plan
When a small business owner has no BDR plan in place, it is generally due to them being unclear of the real value of backup and disaster recovery.
The following are the top five benefits that will provide you with the reasons why it is vital for your company to incorporate a BDR.
Protection From Natural Disasters
Whether it be a hurricane, flood, or another natural disaster, there are plenty of circumstances that can cause a company to experience downtime. Even though having BDR in place won’t prevent natural disaster it will protect your data as well as ensure downtime won’t affect your company.
Thwart Potential Cyber Attacks
As more companies join the digital world, more data is finding its way online to unsecured servers. Because of this, cybercriminals increase their hacking efforts while targeting businesses they feel go unprotected. Imagine if they can hack a large business like UBER, how easy they can attack your systems.
Unfortunately, this makes small businesses vulnerable.
That is where having a backup plan in place will decrease the effect of an attack while protecting your business from losing valued data.
Keep client data safe and secure
If you store customers confidential information, you can not afford to let the wrong people gain access to it or take the chance of human error causing a loss of data. Having a plan in place will ensure all data is safe and controlled.
As a result, you won’t need to worry about losing vital data causing damage to your brand or your reputation.
People make mistakes
Although you hear more about cyber attacks and natural disasters when it comes to a data crisis, the reality is, human error is often responsible for significant data losses. Unfortunately, mistakes do happen, and one wrong move can compromise your data.
That is why it is vital for businesses to train employees as well as invest in a cloud based backup solution.
Systems fail and data is lost
The one thing you can be sure of when it comes to machines, hardware, and other systems, it is that eventually they will fail. It doesn’t matter what technology or how much you spend on it, no solution is flawless.
Even the systems that come with a high percentage of uptime guarantees will fail now and then. That is why all businesses need to invest in a strong BDR plan that accounts for these risks.
What to Look for in a BDR Plan
Now that you realize that your business needs a backup and disaster solution, the next question is how you would find the right one? While every company differs, some questions to ask are basically the same.
- Hardware compatibility: Dependent upon the type of hardware your company uses, you may need a tailored solution to work with your existing setup. Remember this as you compare your options.
- Scalable pricing: As your company expands over time, you will collect and store larger sets of data. An adjustable pricing style will permit you efficiently to scale according to meet your demands.
- Around-the-clock customer support: Because you can never be sure when a disaster will strike you need to make certain that your BDR vendor has around-the-clock technical support.
Conclusion: your business needs a disaster recovery plan
No business owner wants to think something horrible is going to happen to their company.
Hopefully, you will never have to face some of the risks mentioned in this article.
But, the reality is, one day you will more than likely face at least once.
There are no ways to prevent natural disasters, technical malfunction, cyber-attacks or human error, but with a backup and disaster recovery plan you can protect your company from extensive data loss.