What is disaster recovery, RPO and RTO?
Let’s face the fact: Disasters occur. There can be floods, fires or cyclones. There can even be a cyber attack or a ransomware attack. Organizations can’t afford to be non-operational because of regional power outages, cyber attacks or hardware failures. Every minute applications and systems are down translated into lost revenue. 2015 disaster recovery statistics suggest that downtime lasting for one hour can cost small companies as much as $8,000, mid-size organizations $74,000, and large enterprises $700,000. As IT systems have become increasingly critical to the smooth operation of a company, and arguably the economy as a whole, the importance of ensuring the continued operation of those systems, and their rapid recovery, has increased. For example, of companies that had a major loss of business data, 43% never reopen and 29% close within two years. As a result, preparation for continuation or recovery of systems needs to be taken very seriously. You might not be ab...