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How to Create an IT Disaster Recovery Plan for Your Business

January 30, 2020Archived, Commercial InsuranceBailey Helton

Create a plan to help your business recover from an IT emergency.

Whether an IT disaster is caused by a cyberattack, hardware failure, human error, natural disaster, or so on, it is a very serious risk that could spell the end of your business if handled incorrectly.  This is why companies need to put a solid IT disaster recovery plan in place.  Here are some suggestions that you should try when making your plan.

Understand the Various Parts of Your System

When developing your IT disaster recovery plan, you need to consider all the critical components of your business’s data storage system.  This is because an issue that affects one part of your system will likely affect the other components as well.  Usually, data management and storage systems are comprised of the following components:

  • Hardware– servers, desktops, laptops, wireless devices, and networks
  • Software applications– email, electronic data interchanges, enterprise resource planning systems, customer management systems, office networking apps, etc.
  • Data– client information, payment information, business records, financial transactions, etc.

Consistently Back Up Your Data

Backing up your company’s data frequently will minimize your losses during a major IT disaster.  To ensure that your backups are effective, you need to determine which files need to be backed up, where they will be backed up to, and who is responsible for handling the backups.  When you have a secondary cache of your business’s most important information, an IT disaster will be much less damaging to your company’s operations and reputation.

Understand Your Risks

To develop an effective IT disaster recovery plan, you need to know which cyberthreats to prepare for.  One of the best ways to determine your risks is by working with a cybersecurity auditor.  They will be able to review your security systems and protocols to identify weaknesses in your plan.  Additionally, the auditor can help you develop risk mitigation strategies to address your most pressing cybersecurity risks.

These are some of the suggestions that you should try when creating an IT disaster recovery plan for your business.  Remember, having the right business insurance is another way to protect your company.  For assistance with all your commercial coverage, contact the experts at Phocus Insurance in Phoenix, Arizona, for assistance today.

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