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Let us know which data center you'd like to visit and how to reach you, and one of team members will be in touch shortly.
All businesses need an effective disaster recovery solution. For many businesses, the most effective disaster recovery solution is disaster recovery as a service (DRaaS). This means that the cost of using DRaaS has to be set against the risks of not using DRaaS. Here is a straightforward guide to what you need to know.
The main justification for investing in DRaaS is that it works out to be more economical than dealing with the consequences of operating with it. Here are just 7 of the major potential risks of operating without DRaaS.
Without DRaaS, businesses risk prolonged downtime following a disaster. Recovering data and systems manually or using traditional methods can take hours or even days, during which critical operations are halted, resulting in lost productivity and revenue.
Businesses not using DRaaS may lack proper data replication and backup mechanisms. This exposes them to the risk of permanent data loss due to hardware failures, cyberattacks, natural disasters, or human errors. The inability to recover essential business data can lead to operational disruption and reputational damage.
Without the automation and scalability provided by DRaaS, businesses may need to invest heavily in secondary infrastructure, IT personnel, and manual recovery processes. These traditional methods are often more expensive and less efficient than cloud-based disaster recovery solutions.
Organizations without DRaaS may fail to perform regular disaster recovery tests due to the complexity and cost involved. This leads to unverified recovery plans that may prove ineffective when a disaster occurs, increasing the risk of failed recoveries.
In the absence of DRaaS, businesses may not have robust mechanisms to recover from ransomware attacks or other cyber threats. This could result in prolonged system outages or the inability to retrieve critical data without paying ransoms.
Many industries have regulatory requirements for data protection and disaster recovery. Businesses without DRaaS may struggle to meet these requirements, leading to penalties, fines, and potential legal consequences.
Failing to recover quickly after a disaster can damage customer confidence. Clients and partners may perceive the business as unreliable, leading to long-term reputational harm.
Out of all of the aforementioned risks, the two that are likely to stand out most to most businesses are data loss and downtime. Either or both of these can prove very expensive. Here are just 7 of the costs that businesses can incur because of them.
Downtime disrupts business operations, preventing companies from generating revenue. For e-commerce platforms, financial services, or manufacturing industries, even a few minutes of downtime can result in significant financial losses due to halted transactions or production delays.
Employees are often unable to perform their tasks during downtime, leading to decreased productivity. Without access to critical systems and data, work grinds to a halt, compounding the operational costs of an outage.
Restoring lost data and recovering systems without a robust disaster recovery plan can be costly. These expenses may include hiring recovery specialists, replacing damaged hardware, or investing in new infrastructure.
In the case of cyberattacks, businesses that cannot recover their data may feel compelled to pay ransoms to restore access. This can cause them to incur significant financial costs without any guarantee of success. It may also bring them into delicate legal territory.
Data loss often results in non-compliance with industry regulations like GDPR, HIPAA, or PCI DSS. Companies may face hefty fines, lawsuits, and legal fees for failing to protect sensitive data or for not having a timely recovery process in place.
Customers, partners, and investors lose trust in businesses that experience prolonged downtime or data breaches. Rebuilding a tarnished reputation can take years and often requires significant investments in marketing and public relations.
Data loss and downtime can frustrate customers, especially when services are unavailable for extended periods. This can lead to customer churn, reduced client loyalty, and negative reviews that deter future business.
Downtime in critical systems can lead to cascading failures across dependent processes, resulting in additional delays and inefficiencies that amplify the overall cost.
Here are just five of the main ways that DRaaS mitigates operational risk.
DRaaS is designed to meet stringent recovery time objectives, restoring systems and data quickly after a disruption.
DRaaS enables automated failover to backup systems in the event of a disaster, ensuring that critical applications and services remain operational. Once the issue is resolved, failback restores operations to the primary systems.
DRaaS employs advanced encryption, access controls, and monitoring tools to protect sensitive data during transit and at rest.
With DRaaS, businesses can regularly test their disaster recovery plans to ensure effectiveness and identify vulnerabilities. Continuous monitoring also detects potential issues proactively.
DRaaS providers often store backups across multiple geographically dispersed data centers.
A simple guide of what cloud disaster recovery is, why it has become popular, and how to effectively create a disaster recovery plan for your business.
The next step in data disaster recovery planning is continuity planning. This is based on a Business Impact Analysis (BIA). As the name suggests a BIA identifies and defines business functions and processes. It then assesses how critical they are to business operations.
Here is a quick guide to what you should think about when choosing an IT disaster recovery solution. It applies whether you’re choosing one from scratch or thinking about updating the one you already have.
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