Tuesday, 20 December 2016 15:49

8 Cold Hard Truths for SMBs Not Worried About Disaster Recovery and Business Continuity

Written by
Rate this item
(0 votes)

The foundation of any successful business continuity solution is the ability to retrieve data from any point in time from anywhere. When the topic of data recovery and business continuity comes up, you get the feeling that many decision makers at smaller businesses and organizations wish they could channel their inner six year old, simply cover their ears, and sing “La, la, la. I Can’t Hear You. I’m Not Listening.”

Everybody thinks bad things only happen to other people. Just because we hear about a fatal car accident on the morning news, doesn’t mean we fixate on that news when we ourselves get into a car and drive to work.

So no matter how many times the owner or executive of a small to midsize business (SMB) hears of other small businesses being crippled by hurricanes, tornados, fires, or flooding, they aren’t necessarily overcome with fear to the point that they feel an urgency to take action.

Sure, they may think about backup and data recovery solutions a little more that day, but not enough to initiate immediate change or reverse a lenient approach to their processes.

If you fall into this category, here are eight cold hard truths to consider

  • It isn’t natural disasters or catastrophic losses like fires that take down small businesses but something far more sinister – malware. Cyber attacks through malware have grown exponentially in the past four years. Malware is hitting everything from PCs to Macs to mobile devices and it’s inflicting damage.
  • Over half of the small businesses in the U.S. have experienced disruptions in day-to-day business operations. 81% of these incidents have led to downtime that has lasted anywhere from one to three days.
  • According to data compiled by the Hughes Marketing Group, 90% of companies employing less than 100 people spend fewer than eight hours a month on their business continuity plan.
  • 80% of businesses that have experienced a major disaster are out of business within three years. Meanwhile, 40% of businesses impacted by critical IT failure cease operations within one year. 44% of businesses ravaged by a fire fail to ever reopen, and only 33% of those that do reopen survive any longer than three years.
  • Disaster recovery solution providers estimate that 60% to 70% of all business disruptions originate internally – most likely due to hardware or software failure or human error.
  • 93% of businesses unable to access their data center for ten or more days filed for bankruptcy within twelve months of the incident.
  • In the United States alone, there are over 140,000 hard drive crashes each week.
  • 34% of SMBs never test their backup and recovery solutions – of those who do, over 75% found holes and failures in their strategies.

It’s critical that small businesses review their backup and disaster recovery processes and take business continuity seriously. Given the vulnerabilities associated with the cloud and workforce mobility, the risk of critical data loss today is quite serious and firms must be truly prepared for the unexpected.

Read 2023 times Last modified on Tuesday, 20 December 2016 15:56
Jordon Darling - CISSP

Jordon is the President/CEO of  HITECH. He is a business minded security professional who has a passion for people and small business.  Some of his certifications include: CISSP, CSSA, MCPS, MCNPS, MS, SA

102 comments

  • Comment Link Hershel Wednesday, 18 September 2019 05:11 posted by Hershel

    I always used to read piece of writing in news papers but now as I am a user of net thus from now I am using net for articles,
    thanks to web.

  • Comment Link Bernadine Monday, 16 September 2019 16:27 posted by Bernadine

    Hello, I do think your blog could possibly be having web browser compatibility issues.
    When I take a look at your website in Safari, it looks fine
    however, when opening in Internet Explorer, it's got some overlapping issues.
    I just wanted to provide you with a quick heads up!
    Apart from that, fantastic blog!

  • Comment Link Vicente Monday, 16 September 2019 12:14 posted by Vicente

    Generally I do not read post on blogs, however I wish to say that this write-up very compelled me to check out and do so!
    Your writing style has been surprised me.
    Thank you, quite great post.

  • Comment Link Bert Tuesday, 10 September 2019 22:47 posted by Bert

    This article will assist the internet viewers for building up new weblog or even a weblog from start to end.

  • Comment Link Angelo Monday, 09 September 2019 03:23 posted by Angelo

    I know this web page presents quality based content and other data, is there any other site which offers such things in quality?

  • Comment Link Sherrill Monday, 09 September 2019 00:30 posted by Sherrill

    Hey there, I think your blog might be having browser compatibility issues.

    When I look at your blog in Opera, it looks fine but when opening in Internet Explorer, it
    has some overlapping. I just wanted to give you a quick heads
    up! Other then that, awesome blog!

  • Comment Link Lakesha Sunday, 08 September 2019 14:19 posted by Lakesha

    It's amazing for me to have a web page, which is valuable for my know-how.
    thanks admin

  • Comment Link Jason Sunday, 08 September 2019 11:41 posted by Jason

    Fantastic beat ! I wish to apprentice while you amend your website, how can i subscribe for
    a weblog web site? The account helped me a appropriate deal.
    I have been a little bit familiar of this your broadcast offered bright transparent concept

  • Comment Link Don Saturday, 07 September 2019 10:01 posted by Don

    I simply couldn't depart your site prior to suggesting that I extremely enjoyed the
    standard info a person supply to your visitors? Is going to be back often in order to check
    out new posts

  • Comment Link Nannie Saturday, 07 September 2019 09:37 posted by Nannie

    Great post. I was checking constantly this blog and I am impressed!
    Very helpful info specially the last part :) I care for such information much.

    I was looking for this particular info for a very long time.
    Thank you and good luck.

Leave a comment

Make sure you enter all the required information, indicated by an asterisk (*). HTML code is not allowed.