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| Disaster Recovery and Business Management | |||
Home > Importance of Data RecoveryData recovery is one of the most important aspects for business continuity and disaster recovery strategy, along with IT systems and business processes recovery. Data backup considerations include the backup media deployed, the frequency of backups, and whether the data backup is online or offline. The number of backup that are stored, the amount of time backups is maintained, and the location where the backup media is stored also impact the data-recovery strategy. In today's technology-dependent businesses, even small disruptions can render highly sophisticated machinery and information technology systems ineffective. Without a disaster-recovery plan, disruption-tolerant solutions, and data backups, there isn't much that an organization can do when disaster strikes. In fact, consulting and research firm estimates that two out of five enterprises that experience a physical disaster go out of business within five years, regardless of their size. Disaster-recovery and business-continuity plans assist in ensuring the ongoing viability of a business and form the backbone of any data-recovery effort an organization undertakes following a disaster. Such plans consider various disaster and disruption scenarios and provide proactive recovery strategies based on the criticality of information systems and data, as well as the organization's risk-acceptance capability. However, merely having plans in place is not enough; the real test lies in executing them effectively when disaster strikes. Consequently, an organization's management should establish an appropriate data-recovery strategy based on the criticality of the IT systems for continuing key business processes and the cost of each possible data-recovery strategy. To do this, organizations need to perform a business-impact analysis to determine how long business operations can continue without the supporting IT systems and underlying data, as well as conduct a cost-benefit analysis that considers whether speedier recovery solutions exceed the financial losses suffered when business processes are unavailable. Two key parameters to be considered when designing a suitable data recovery strategy are: Recovery Time Objective (RTO) – How long can the business afford to be without a particular IT system? Recovery Point Objective (RPO) – How much data can the business afford to lose or recreate after recovering the backups of systems and data? A shorter RTO and RPO will require an organization to develop a faster-responding plan and perform data backups more frequently, which is expensive. A recovery plan based on a longer RTO and RPO may be cheaper, but it will respond more slowly and involve fewer data backups. Therefore, an appropriate determination of these parameters can significantly impact the organization's capability to recover data in a fast and effective manner, while optimizing the investment in data-backup solutions. Without recovering the lost data, the organization falls under deep trouble and hence it has the vast importance when compared to other things. |
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