If you're trying to get your head around the difference between back up & business continuity, it ultimately comes down to downtime. How much can your business tolerate?
We strongly recommend every SMB has business continuity in place. Traditional back up isn't enough anymore to protect against all the cyber-threats that continuously try to push their way into your business.
Of course there's a cost, but in the long run you have peace of mind knowing you won't be losing days, weeks or even months of data if your business gets hit. Imagine how costly that would be.This recovery & downtime cost calculator gives you a fair idea how expensive a data breach can be for your business. Whilst not meant to scare, it's fairly clear that business continuity is a valuable investment.
The comparison below begins to give you an understanding of the key differences between back up and business continuity.
But there's more to add...
When you activate business continuity, 'back up' is an important part. And so is 'disaster recovery' - another term you've probably heard often. The extension - and what makes it business continuity - is that it's crafted into a plan with specific focus on risk mitigation, disaster response and continuity of operations.
Your plan should address four essential areas:
- Employee well-being - An employee safety and communication plan that works is absolutely essential
- Keeping your customers in the loop - Your ability to respond to customer needs following an event could have an impact on how people perceive your business
- Keeping your business moving - maintaining access to essential applications and data
- Enable up-time - This is where the back up and recovery elements come into play. Getting deep into the tech-talk, there are are a couple of continuity considerations in this space:
- Recovery-in-place - operations can continue while primary servers are restored
- Disaster Recovery as a Service (DRaaS) - offers traditional fail-over capabilities at a much lower price point
If you can spare another moment or two, this short video (sound optional) points out a few of the risks and the mitigation that a business continuity plan provides.
Business continuity can seem a bit daunting. There isn't really a cookie cutter approach as every business is unique, and so your continuity plan should be unique.
If you're up for it, we'd love to have a conversation about your business continuity needs, so please feel free to reach out at any time via email or call us on 4254 5444.