Close your eyes, and imagine your business five years from now, in a tight spot: the latest ransomware virus just crippled your system, a hurricane just took out your office, and John from Accounting just accidentally deleted half your database. You’ve lost all your critical information, your systems, and your ability to function. In other words, you’re toast.
Aberdeen Research estimates the average cost of an hour of downtime at $8,000 for small businesses, $74,000 for mid-sized companies and $700,000 for large businesses, and it’s quickly becoming clear to you how accurate that number is. It’s the cost of not looking ahead.
What is going through your head in this moment? What do you do? Well, first you wish that you could rewind five years. You wish that you had prepared for this. You wish that you had a Disaster Recovery Plan.