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Comfortable With Your Business Continuity Solution?

Think you’ll be safe when and if a data disaster strikes? Do you know the difference between data backup and disaster recovery (DR) and having a tried-and-true business continuity solution?

Speak With Our Toronto Business Continuity Team

Not All Business Continuity Solutions Are Created Equal, So Let Us Guide You on a Winning BC Strategy

Think you’ll be safe when and if a data disaster strikes? Do you know the difference between data backup and disaster recovery (DR) and having a tried-and-true business continuity solution?

Yes, there is a BIG difference.

For years, you’ve been hearing about the importance of data backup. You’re bombarded with messages constantly telling you to “Just make sure you back-up your data” – the inference being that data backup alone will see you through a data disaster.

Wrong!

The truth is, data backup alone is not enough. The importance of the data you’re storing, plus the constant threat of viruses, disasters, and system failures demand a business continuity solution that ensures that your data is usable, non-corrupted, and virus-free.

Well, we’re here to tell you that the right business continuity solution is well within reach.

TekTonic makes that promise to you, and is ready to prove it by taking you through the process., step by step – from the assessment and evaluation stage to the testing process and beyond.

Too many businesses today are relying on outdated, vulnerable data backup methods. And, most of them have no clue what a true business continuity plan is – but, are quickly discovering the difference between the two.

Many are asking themselves the question, “Just data backup and recovery or a business continuity plan – which is right for me?”

Some are choosing correctly…and some aren’t. (Hint: A business continuity solution or plan is the ONLY choice for growing businesses who want to remain fully-functional following a disaster.)

Disasters can take many forms these days, including:

  • Natural disasters, e.g. fire, flood, hurricane, etc.
  • Power outages
  • Server failure and data center downtime
  • Cyberattack
  • Data breach – whether internally or externally caused.

Not having a tried and tested business continuity solution can have truly devastating effects on your business livelihood.

You see, most businesses who are computer-networked and IT-savvy understand the importance of data backup – and the various forms of data backups – and employ it with as much constancy as their business situation and IT configuration call for.

But, not all companies keenly understand the importance of how data backup relates to both Disaster Recovery and Business Continuity Planning (BCP).

Some of you asking the backup vs. business continuity solution question may realize the role data backup plays in both disaster recovery and continuity planning, but fail to have either proper DR or a BCP plan in place.

And, although many companies have adequate disaster recovery plans in place, without a viable business continuity plan, it defeats the purpose of having data backups and disaster recovery, when catastrophes like a fire, flood, or long-term power outage strike (and any one of those will strike eventually).

Business Continuity is Your Insurance Against Catastrophe

According to an article in CIO called, Is Your Business Ready for a Catastrophe?: “Businesses that have been through a disaster report having lost between $100,000 and $500,000 a day, according to a survey conducted in 2005 by AT&T and the International Association of Emergency Managers.

Fast-forward to 2017, where small businesses can incur up to $25,000 in data center downtime losses per hour. Mid-size and larger enterprises, much, much more.

According to Framingham, Mass.-based consulting firm International Data Corporation (IDC), 80% of small businesses have experienced downtime at some point in the past, with costs ranging from $82,200 to $256,000 for a single event.

It’s important to remember that while disaster recovery is a key part of Business Continuity Planning, they are in fact two very different aspects of IT management. Unlike disaster recovery, business continuity considers all aspects of your business’ operations, which makes having a winning business continuity plan in place essential for ensuring the future of your business.

This is true for data center downtime events and anything Nature can throw at you, too.

So, data backup and recovery are crucial pillars of disaster recovery planning, which in turn is a key component of a working business continuity solution. Without all three in place, though, your data backups are on a tenuous edge of futility.

To understand all this better, it’s a good idea to first review our Business Continuity Planning Checklist. Following these six main steps involved in the process will get you started in the right direction:

  • Identify the scope of the plan
  • Identify key business areas
  • Identify critical functions
  • Identify dependencies between various business areas and functions
  • Determine acceptable downtime for each critical function
  • Create a plan to maintain operations

And, TekTonic can help you with all the rest.

A Business Continuity Solution vs. Mere Data Backups

Business Continuity planning refers to the processes that stakeholders take to ensure that normal business operations can continue during a disaster. Ideally, this plan provides uninterrupted access to data and a safe place for employees to work.

Successful continuity plans typically involve making sure that network connections, online systems, phones, network drives, servers, and business applications can run smoothly without downtime.

Business Continuity is broad and refers directly to management oversight and planning involved with continuous business function. Unlike disaster recovery, which is data-centric, business continuity is business-centric. Business continuity plans are graded by their ability to limit downtime, and in a perfect world, the systems that are put in place will completely prevent the company from going offline.

Data security and protection is everything for companies doing business in this computer-networked day and age. Your business continuity plan, then, must involve multiple layers of data backup. Without it, at best it can cost you perhaps half a day’s worth of business; at worst, you could be facing bankruptcy and liquidation because you couldn’t regain or restore your vital-to-operations data.

Don’t let a disaster put you out of business!

Unfortunately, it happens very quickly and far too often to Toronto businesses just like yours.

You see, if you lose your files, customer info, and proprietary data to a disaster or intrusion, you’re facing thousands of dollars in data rebuild costs, and perhaps much more in compliance violation costs if it’s a sensitive data breach.

If it’s even possible to do a data rebuild…

Usually, it’s not, and businesses are forced to close their doors.

According to the US Bureau of Labor, 93 percent of companies that suffer a significant data loss are out of business within five years.

While the chances of a major disaster are quite remote, most data loss is the result of small localized problems like an equipment failure, a water leak, a lightning strike, or even theft.

So, here’s the big question…

Is your business prepared to get up and running again quickly if faced with an unexpected data loss event?

If not, then you need to partner with the Tektonic team!

We will “bullet-proof” your mission-critical online assets and enable you to run your applications and use your files from another internet-connected location if necessary – so you won’t ever lose productivity and profit.

Our strategic business continuity solution is second to none!

We combine planning, prevention, and protection to make sure your business thrives no matter what comes your way.

Let us protect your company against the disasters that can literally put you out of business.

Ready for the Toronto Business Continuity Solution You Truly Need?

Then, give a TekTonic associate a call at (416) 256-9928 or email us via secure contact form and we’ll get back to you ASAP on how you can get started with a business continuity solution in Greater Toronto that will assure you remain in business through any disaster or IT adversity!

Date: December 1st, 2017, Author: Jorge Rojas

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