When one link in the chain breaks or comes under attack, the impact can ripple throughout the business.
An organization can face revenue loss and eroded customer trust if it fails to maintain business resiliency while rapidly adapting and responding to risks and opportunities.
The 1980s saw the growth of commercial recovery sites offering computer services on a shared basis, but the emphasis was still only on IT recovery.
The 1990s brought a sharp increase in corporate globalization and the pervasiveness of data access.
The plans typically include ways to defend against those risks, protect critical applications and data and recover from breach or failure in a controlled, measurable way.
There’s also the issue of exponentially increasing data volumes.
Businesses thought beyond disaster recovery and more holistically about the entire business continuity process.
Companies realized that without a thorough business continuity plan they might lose customers and their competitive advantage.
Plans may provide detailed strategies on how business operations can be maintained for both short-term and long-term outages.
A key component of a business continuity plan (BCP) is a disaster recovery plan that contains strategies for handling IT disruptions to networks, servers, personal computers and mobile devices.