White Papers for Basel II Capital Accord (Basel II)

Disaster Recovery Planning: 10 Things You Need to Know

Acronis

In enterprise level businesses, disaster recovery plans (DRPs) are often inadequate or outdated and in small to mid-sized businesses (SMBs) the situation is even worse: only a relatively small percentage have any form of plan. Why do so many businesses have such a lackadaisical approach to disaster recovery planning? Probably because it’s a long and complicated process that ties up key personnel, can be costly to produce, and will change over time so it has a limited shelf life. And why spend time producing a document that may well never be needed? But any business’ that ignores a DRP is gambling that a disaster will not strike and gambling with the livelihood of its employees and with the investments of shareholders and stakeholders. Why take such an unnecessary gamble? Why expose your business to such an unnecessary risk?

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