Disaster Recovery Planning Essay
"Common natural disasters area a leading cause of data loss " says Bud Stoddard, AmeriVault President and CEO. Events such as the 8.3 earthquake that struck Hokkaido Japan September 25, 2003, and the firestorm in San Diego just weeks ago are just two examples of how natural disasters are devastating millions of unprepared businesses around the world. These are not the only events that must be considered, however. The terrorist attacks against the US on 9/11/01 and the biggest blackout in North American history in August 2003 are examples of man-made disasters. A 2002 U.S. Bureau of Labor study showed that 93 percent of companies that lose a significant amount of data fold within 5 years. Another survey found that only 60% …show more content…
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All organizations' main objective is to resume business as usual within a reasonable amount of time. But why should a company invest in a costly disaster recovery plan? "Nearly one in three companies operate without a formal DR strategy in place" according to Imation Corporation. Natural disasters only account for three percent of incidences reported by BI-Tech. However, since 9-11, the power outages across the nation, viruses, and many natural disasters recently have changed many organizations opinion of having such a plan.
So how does an organization implement a strategy? First