BCP/DR
Consultancy
In today's digital world, the greatest risk to any organisation's survival is data loss. So severe is the
impact of data loss upon an organisation that some reports suggest that a staggering 93% of
SMEs
close within one year of suffering a significant data loss.
Business Continuity Planning
BCP is aimed at reducing the amount of downtime your organisation suffers due to an outage whilst minimising the risk
of losing data due to that outage.
The team at MRT502 Solutions Limited are well versed at producing, testing and verifying Business Continuity Plans for
all levels of organisation and budgets over the past 18 years. We can help you identify the highest risks to your
organisation's systems
Disaster Recovery Planning
Disaster Recovery is the process you undertake once a data loss has occurred.
At the simplest level, most people uderstand DR as simply restoring data from the
most recent backup. Unfortunately, it is often not that simple. Whilst your organisation might have a backup/restore
method in place, when was that method last tested? How often do you encounter issues with your current backup method?
What if someone forgets to change the tape?
A good Disaster Recovery Plan will take all of these factors into account, and many more besides. With nearly two decades
of experience in this area, we at MRT502 Solutions Limited are in an ideal position to help you develop and test a
DRP
to suit your needs.
If you already have either a Business Continuity Plan or a Disaster Recovery Plan, we offer a service where we can help you review those
plans to make sure they still meet your organisation's needs and expectations.
What are the risks of losing data?
Some of the ways data loss can negatively impact your organisation are detailed below.
Why Does Data Loss Lead To Financial Bankruptcy?
Losing data is expensive for it results in a loss on many fronts. The initial expenditure begins with notifying
customers about the loss.
Informing Clients of Data Loss
After losing data, customers have to be informed about business closure for some time and this requires many
man-hours of effort. However, this cost is less compared to the bigger loss resulting from lost business opportunity.
Lost Business Opportunity
Companies cannot fulfil client orders when they are devoid of the requisite information. Subsequently, customers are forced
to go elsewhere and this translates to a huge monetary loss. Moreover, modern consumers are an informed lot. When
the organisation they do business with loses their data, they lose trust in the company and terminate all business links.
Rebuilding Reputation
No organisation can afford to lose customer trust. When faced with such a situation, they make all effort to rebuild their
lost reputation though this process might be costly. However, modern day consumers do not take kindly to data loss;
they file lawsuits against the data loser.
Lawsuits and Damages
Charges filed by irked customers cost the company much. Though clients filing charges is a probable expenditure that has
been reckoned here, the other loss to a business enterprise results from downtime costs.
Downtime Costs
Absence of business information results in diminished or nil productivity of employees (till data is made available.)
Such downtime costs are high and vary according to the nature of the business or the sector the company belongs to.
The data losing company has to then either recreate data or retrieve it.
Cost of Recreating Lost Data
Data that has been protected in a backup should be taken out of the identified backup media and re-entered in the system.
This process requires many man-hours and employees have to be paid overtime. These costs escalate, when lost hours
of productivity are also factored in. The manpower that was employed in re-entering the recovered data from backup media
could have otherwise been productively employed. Alternately, new employees would have been inducted on a short term
basis for running the business, while employees were recreating lost data.
Cost of Recovering Lost Data
Data recovery experts charge high, for data recovery involves working in class 100 clean rooms and the usage of specialised tools.
Important data has to be handled by experienced data recovery experts who ensure higher recovery rates, but they charge high.
Although Business Continuity Planning (BCP) and Disaster Recovery (DR) are distinctly different,
they can be considered to be two sides of the same coin as their combined goal is minimising both the possibility
of data loss occurring and the impact any data loss has on your organisation.
