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22 March 2023

7 reasons for a Business Continuity Plan (BCP)

  • VDC
Disaster Recovery

A Business Continuity Plan (also known as a Disaster Recovery strategy) contains measures for a possible IT outage in the company. We have put together seven simple reasons why such a strategy makes sense for every company.

Imagine the following scenario: it is 9.30 in the morning. The working day is already in full swing and your employees are busy with their work. But suddenly the phone of your IT manager won’t stop ringing. Sales can no longer access your customer database, accounting cannot start the ERP and the monitoring system is spitting out one error message after another. Your IT infrastructure has obviously been paralysed – you don’t know why yet. What do you do? We show you why preventive measures in the form of a business continuity strategy make sense in such a case.

1. Outages can be very costly.

When digital applications can no longer be reached, many business processes can falter and employees suddenly can no longer do their usual work. Depending on the size and duration of the outage, this means lost revenue on the one hand and an investment in recovery on the other. With the right strategy, you can drastically minimise downtime and keep the most important processes running continuously.

2. A backup alone is often not enough.

Creating a backup is a first and simple step in prevention. But what if the backup has already been infiltrated by malware or the backup cannot be reached during an outage either?

3. Cybercrime is on the rise.

Cybercrime, and in particular the threat of ransomware attacks, has increased sharply in recent years. Fraudsters paralyse your IT and demand a ransom for your data. With a suitable strategy, you need neither fear data loss nor give in to the blackmailers in any way.

4. Prevention is better than cure.

Plan for the emergency instead of reacting in panic when disaster strikes and losing valuable time.

5. Many different causes of outages threaten your continuity.

It doesn’t have to be a ransomware attack – a simple operating error or natural hazards such as water, fire or an earthquake can also paralyse your IT systems.

6. Outages can threaten your existence.

Outages or disruptions to your IT can last a long time, become expensive and, in the worst case, threaten the very existence of your company.

7. Get preventive measures as a service

Many companies do not have the human and/or financial resources for an efficient disaster recovery strategy. For such companies, we offer a simple service that develops and implements a strategy that suits you.

Creating and implementing an emergency strategy need be neither difficult nor expensive. Find out more about business continuity in our Netstream Workload Availability Service.

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