Maybe you've heard the term recently. What it means in technology is the ability to recover from disaster scenarios with minimal fallout and cost to your organization. The following five aspects of this practice will help you determine if you are prepared in the event of a disaster.
-Disaster Recovery Plan
A disaster recovery plan helps to establish a written plan of action for what happens when, not if, disaster strikes. This is the most important part of your business continuity framework. If you do not know what will happen if an application goes down or a company critical system decides to not work, you are off to a rough start.
-Redundancy and Fail Over
Redundancy is the idea of having multiple systems in multiple different places. For example, if your main host server goes down, do you have a redundant host server on premise or in the cloud? If neither, please consider talking to Merit Technologies to figure this out. Much like redundancy, fail over is an important practice in cases of internet failure, server failure, or power outages. Fail over methods could include 4G LTE fail over from your main internet, power generators, and redundant cloud hosted server VM backups. This could be a specific plan or hardware solution that would cause your organization to have less risk associated with interruption of normal business operations.
Risk assessments are where your company has to audit your internal processes to determine risk to operations, should they be interrupted. It is important to perform regular risk assessments, as technology and operational best practices/industry standards change constantly.
When is the last time you tested your backups? This is an important question to ask when auditing your business continuity plan. Conducting backup tests periodically ensures that your backups are verified and functional.
Hopefully the above list is helpful to getting the conversation started about your company's business continuity plan. Please feel free to contact Merit Technologies at 864-908-3577 if you have any questions on what business continuity is, as well as how we can help you navigate through this practice.”
The information contained in this communication and its attachment(s) was provided by Merit Technologies, an Investor of the Greenville Chamber. If you would like more information on how your business can submit a blog, please contact your Investor Relations Manager, Rionne Ridgeway or Andrew Van. Thank you.