It happens to even the biggest, most secure of companies. A security breach occurs, and data is stolen or lost never to be seen again. Confidential information is leaked, reputations are harmed and legal ramifications rise up. At least, that’s what happens to organizations that don’t have a backup and disaster recovery plan in place.
Developing a backup and disaster recovery strategy helps protect your company from these headaches. In this blog, we’ll explore the biggest risks your company could face without protection.
Business Operations Interruption
A disaster, whether natural or human-made, can cause hefty downtime in your business operations. And with downtime comes revenue loss and a decrease in employee productivity. Backup and disaster recovery solutions ensure you’re able to deal with a disaster situation as smoothly and cohesively as possible. You’ll get back on track faster and won’t risk wasting your employees’ (and customers’) time.
Financial Repercussions
No one likes losing money, but, unfortunately, that’s one of the most common risks of not having a disaster recovery plan in place. As part of the recovery process, you may have to cover costs that include replacing hardware, re-encrypting data or business continuity. Businesses that aren’t prepared to pay these costs could find themselves swimming in debt or even dealing with business failure.
Reputational Damage
A company’s reputation is everything – and damage to it can have long-lasting effects. Mismanagement of a disaster can taint your company’s reputation, leading to a loss of trust and respect. On a grander scale, this can end up affecting your bottom line and keep employees, customers and investors from working with your organization.
Loss of Clients
Clients may not think of companies having a backup plan as being highly important, but they end up expecting it when disaster occurs. They’ll want to know where their information has gone and how long it will take for your business to resolve the situation. Should you not be able to answer those questions, your clients could end up leaving and/or spreading negative feedback about your brand.
How HOCS Consulting Can Get You Started
So, you know what risks await your company without proper planning — but how do you get started with backup and disaster recovery? Luckily, the data experts at HOCS Consulting can get you off on the right foot. We ensure your data and applications are securely copied, stored and recoverable when disaster strikes. We can provide you with greater resiliency, more personalized planning and compliance adherence. Moreover, we can handle cloud backup if your business is fully remote or hybrid.
Curious? Give us a call or message us at info@hocs.com to get your backup and disaster recovery plan on track.
