If your network crashed tomorrow or someone "accidentally" deleted everything from your hosted platform, what's the likelihood that your business could survive? How prepared are you for this sort of catastrophic event?
It used to be that our engineers would find themselves pondering these very questions all too often in the middle of the night when they would have to stay up late rebuilding one of our client's drive arrays or trying to get some critical server back online. These brushes with disaster used to make us ponder how seriously businesses take the responsibility of securing their data. But these days over 95% of our clients are on our BDR Solution providing just this very sort of protection.
Here are some statistics to ponder...
- According to research by the University of Texas, only 6 percent of companies suffering from a catastrophic data loss survive, while 43 percent never reopen and 51 percent close within two years.
- According to a recent NFIB National Small Business Poll, man-made disasters affect 10% of small businesses, whereas natural disasters have impacted more than 30% of all small businesses in the US.
- According to analyst firm IDC, about 70% of all successful attacks on computer networks were carried out by employees and insiders.
- Gartner estimates that only 35 percent of SMBs have a comprehensive disaster recovery plan in place.
- According to a recent Touche Ross study, the survival rate for companies without a disaster recovery plan is less than 10%!
As much as it's always been our goal to "remove the worry" surrounding IT for our clients, in the past we were all too often handcuffed by the limitations our clients put on their IT because of their limited view of IT spending and budget constraints. And while this was sometimes acceptable, from our perspective, it seemed like for the longest time only those who had already "felt the pain" had any sort of perspective on this issue and then further had taken proactive actions towards ensuring their data is safe.
Historically, this has been a tough one for businesses to consider - how do you justify spending money where there is no quantifiable ROI. It's like insurance. In the best cases (ie: where you won't ever have to use it), this is money spent that will never be recouped. On the other hand, if it's not spent and you are hit, 90% of you will be out of business within the year.
Like I said, 95% of our clients are on our BDR Solution. As the IT support industry and its related products has been maturing, we're seeing more and more businesses adopting this sort of solution as well. It's great to see, but at the same time, we're still seeing way too many under-educated businesses living too close to the edge. We recently picked up a client who "thought" they were getting good backups only to learn that what they thought they were doing to protect themselves wasn't even happening!
So, how close do you need to come to losing all that you have to finally act on this and address your Disaster Recovery process? If you haven't done so already, this shouldn't be a question you put off answering for too long.
Feel free to contact us if you'd like some help with your disaster recovery or business continuity planning or if you just want a quick check up. And let us know your thoughts or share your suggestions in the Comments box below.