In this installment of Executech Courses, Eric Montague, CEO of Executech discusses the importance of having a disaster recovery plan for your business and the key considerations you should take to protect your data.

Disaster Recovery for Business Transcript/Overview:

Plan. Prepare. Protect.

• Common Business Disasters
  • Hardware Failure
  • Software Corruption Ransomware or Other Cyberattack
  • Power Outages
  • Natural Disaster
  • Theft
• Common Business Disasters Statistics
  • 40% of businesses close after suffering a disaster
  • 75% of businesses do not have a disaster recovery plan
  • 52% of businesses say it would take at least 3 months to recover from a disaster
• Ransomware/Malware Statistics
  • 400,000 new malware variants detected PER DAY
  • 48% of ransomware victims pay $2500 or more
  • 2 DAYS – Average length of time to be restored after paying ransom
  • 30% of victims who pay don’t get restored
• Disaster Planning & Recovery
  • Put policies and procedures in place today
    • Prevent Disaster
    • Speed up Recovery
    • Streamline Current Processes
• First Steps
  • Backup
  • Replication
• Replication Considerations
  • Differences vs Backup
  • Self Performed
  • HypverV vs. VMware
  • Azure Site Recovery
• Backup
  • Premise Based
  • Cloud-Based
  • Hybrid
• Backup Products
  • Mozy
  • Carbonite
  • Cloudflare
• Protection
  • Sophos Intercept X
• Recovery Plan
  • Determine critical systems
  • Identify and assign roles with contact info
  • Vendor contact info/escalation list
  • TESTING is critical
• Systems
  • Phone
  • Email
  • Customer-facing websites
  • SMS Text
  • Internet
• Restoration & Rebuild
  • Determine threshold of downtime (immediate or 24 hours)
  • What is mission critical?
  • Insurance