How to Stop Business Interruption and Save Your Business

It is 2020 and you are an astronaut on the prime crew of the Apollo 18 Mission. You have just participated in the rigorous NASA training program, and you are preparing to blast off to the opportunity of a lifetime — a lunar landing!

You have finished all of the pre-flight procedures. You’ve practice your landing speech in your head, and even dashes off an email to your sweetheart. You’re totally ready. All you have to do is get dressed. But, in all of the excitement, you manage to puncture a hole in your spacesuit.

You don’t have an extra spacesuit, so your backup on the mission, Carl, gets to do the Apollo 18 Mission and land on the Moon instead, while you stay at home on Earth and take notes. But that’s okay, you can go next time. This is the first Apollo mission to the Moon in 38 years, but they are bound to get more frequent.

Wow. That would be the disappointment of a lifetime, right? Fortunately, NASA has a backup plan for everything. Even for how many spacesuits go on each Apollo mission.

Historically, each NASA Apollo Mission required 15 suits. Three suits each were made for all three members of the prime crew, and two for each of the three members of the backup crew.

NASA has a privilege of including in its ranks some of the most acclaimed scientists and engineers of our time. You can trust that if they believe in the importance of a backup plan, it’s probably a good idea to follow suit (pun, totally intended).

In fact, in much of life, we are often encouraged to have a backup plan. We keep savings accounts, health savings, life insurance, and maybe a few of us hide money in a fake book in our office library. Planning for a possible life changing event or an unexpected disaster to become part of our lives. Unfortunately, people in business often totally forget to plan ahead for the unforeseen.

If you want the primary mission of your business to go off without a hitch, it’s important to have your own backup solutions and data recovery plans.

Data Backup Prevents Data Loss

First of all, congratulations. If you are considering a data backup plan, you are way ahead of the curve. A recent industry report found that only 51% of business users within organizations backup their data to on-premises computers or external drives, and only 35% backup their data to the cloud.

If you are disturbed by those numbers, the figures showing what happens when you don’t backup your data will really floor you. For instance, Verizon found that a small data breach where only 100 records are lost would most likely cost an organization anywhere from $18,120 to $35,730, but could cost as much as $555,660.

Now that you know what a financial beating businesses take when they suffer a data loss, you are probably thinking, “I definitely don’t wanna lose my data! What causes data loss?”

Source: ITProPortal 

Typically, data loss occurs due to one or more of the following:

Hardware failure

In the USA, approximately 140,000 hard drives fail every week. It’s also reported that 60% of small businesses that suffer significant data loss will close within 12 months.

Hardware failure, unfortunately, is more of an inevitability than a possibility. Hard drives are not designed to last forever, and they have a definite, albeit unpredictable, shelflife.

Human Error

Raise your hand if you’ve ever accidentally destroyed a computer. Okay, now look around. Again, you’re not alone. As much as 70% of all data center incidents can be attributed to bad operations/human error.

Natural Disasters

Your business is subject to the destruction of nature. When natural disaster strikes, not only are you unable to work, which contributes to catastrophic losses due to downtime, but your physical components are often destroyed. Without data backup, your business may be unsalvageable.

Cyberattacks

A direct cyberattack can cost businesses as much as $40,000 per hour. Most businesses can’t afford, or would at least prefer not to throw away a full-time employees annual salary on a cyberattack.

Creating a solid data backup plan allows your business to continue if you are attacked.

No matter which of the main categories of a disaster you encounter, you will want to establish a solid data backup plan to keep your business running.

Source: Data Center Knowledge

A Disaster Recovery Plan Keeps You in Business

When we use the word “disaster” what we mean is any significant event that might negatively impacted your business. Data loss, by way of any of the four major categories we’ve discussed today, qualifies as one of the primary disasters your business might encounter.

We’ve emphasized the importance of a data backup solution, because it is the first step in maintaining business continuity. For your business to grow, it needs to stay open. Backing up your data ensures that losing physical components will not mean the end of your business.

Data loss will not be the only impact of a disaster. You may have to purchase new equipment, ensure power supply, and keep your network running.

A disaster recovery plan involves data backup as well as other steps to maintain the longevity of your business. In one study, 75% of business owners reported that they didn’t have any type of disaster recovery plan.

While data backup ensures that you have the information to run your business, a full-scale disaster recovery plan will ensure that you still have the infrastructure to run a business.

Things to consider might be: alternate operation locations, backup servers, generators, and more.

Source: Nationwide

GB Tech Can Help

It’s more important than ever to have redundancies in place to protect your business. At GB Tech, we have a history of creating data backup solutions and disaster recovery plans that keep businesses running no matter what unfortunate situations may arise.

If you’d like to learn more about backup and disaster recovery, please give us a call or shoot us an email. We look forward to hearing from you.