A Disaster Recovery (RD) plan is set up to ensure an organization (public or private) recovery and business continuity after a disaster or seriously disrupting the normal operation event. Natural disasters like typhoons or earthquakes, internet attacks (ransomware, virus…), or simply an electric failure and human errors can stop your business, sometimes for hours, sometimes indefinitely. As a business owner or manager, it is your responsibility to create a framework of potential disasters, comply with local legislation and implement processes to prevent any incident.

Crises and attacks can stop your business

Nature, frequency and cost of attacks have significantly changed over the last twenty years (see Guy Carpenter report). We better understand today how closely intertwined the different dimensions of these events that disturb strongly the operation of many organizations, public and private, with consequences up to the definitive cessation of activity. The recent feedbacks from major crises show that organizations have undertaken a preliminary step to ensure the continuity of their business are the most resilient to disruptive events.

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Flood, fire, earthquake - Disaster recovery

Flood, earthquake, fire

Roles and Responsibilities of the board members and senior management

While it is unrealistic to try to foresee and control everything, managers in the organizations – public or private – must develop and implement strategic protections to avoid certain events, or at least to limit their direct impact the business. If nothing is done, any potential incident will affect the financial position of the organization, its brand and of course the personal responsibility of the members of the board and managers. Financial institutions, healthcare facilities…, the vital operators must already meet the legal requirements of business continuity plan.

Global Catastrophe Review - 2015

Source: Swiss Re, Guy Carpenter

Be resilient

Economic constraints impose to justify expenditure and to prioritize these expenditures as part of an overall strategy. It is, therefore, necessary to have methodological tools to optimize the efficiency of these actions, consistent with the objectives of the organization. Tools already exist and disaster recovery is one them.

What is Disaster Recovery

“Disaster recovery (DR) involves a set of policies and procedures to enable the recovery or continuation of vital technology infrastructure and systems following a natural or human-induced disaster. Disaster recovery focuses on the IT or technology systems supporting critical business functions, as opposed to business continuity, which involves keeping all essential aspects of a business functioning despite significant disruptive events. Disaster recovery is, therefore, a subset of business continuity.”

(Wikipedia)

 

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