There are all kinds of threats to electronic data nowadays – hackers and scammers, sudden system or hardware failure, and even natural disasters – all of them can threaten important business information. This is why it's necessary for you to have a data recovery plan.

The high cost of downtime Did you know that for small to medium-sized businesses (SMBs), the average cost of downtime is about $12,500? And that's beside all the headaches you're bound to get from a steady loss of clients (as your downtime continues) as well as from the hefty fines and lawsuits that you will probably have to face.

All this is why, with most (if not all) businesses nowadays that depend on electronic data to support their day-to-day operations and transactions, an effective disaster recovery plan is a necessity.

For many, especially SMBs, outsourcing data recovery is the more efficient and cost-effective way to address disaster recovery. Of course, since we are talking about sensitive and important company data, it is also important to assess several factors that will affect your choice of vendor, such as the time it takes them to put you back online, and the regularity and frequency of backups.

Recovery in the cloud While there are still some organizations that rely on traditional disaster recovery methods, there is a growing demand for cloud-based disaster recovery, since it's less complicated to manage (especially for the organization itself) and much more affordable.

Cloud-based disaster recovery enables you to be free from a dependence on hardware, and also usually increases the frequency of backups to an offsite server, making data recovered in case of any incident very recent and much easier to work with. Cloud-based recovery has many more advantages, but the bottom line is that it allows you to be back to normal in a matter of hours, and sometimes even less than an hour – minimizing any negative impact on operations and productivity.

Don't make the mistake of being unprepared when disaster strikes – and it will, sooner or later, to a degree you can never predict. So it's best to make sure you take measures to ensure that your data will always be kept safe, secure, and recent. Contact us for a comprehensive and custom plan that will meet your specific needs.

Published with permission from TechAdvisory.org. Source.