Recently a group of executives, including myself, formed a new council whose aim is to increase disaster recovery preparedness and improve disaster recovery practices. The idea is to study current DR practices and develop DR standards and best practices for the industry to follow. Our initial research surprised us.
Initial results from the Disaster Recovery Preparedness online benchmark survey show the dismal state of DR preparedness of companies worldwide. Using a common grading system from A (the best) to F (the worst), 72% of survey participants, or nearly 3 out of 4 companies worldwide, are failing in terms of disaster readiness scoring ratings of either a D or F grade. (You can take the test yourself at www.drbenchmark.org).
In addition, one-third lost critical Apps for hours. 11% of the companies lost critical apps for days. The impact of this downtime is huge because the cost of losing critical applications has been estimated by various experts at $5,000 per minute. Believe it or not, 60% of those who took the survey do not a have a fully documented DR plan. For those that have disaster recovery plans, the majority rarely, if ever, test their plans. 50% of respondents test DR plans only once or twice a year. 13% never test their DR Plans. Without testing and verification of DR plans, most companies really have no idea as to whether they can fully recover their IT systems in the event of a disaster or extended outage.
The question is not if a disaster or outage could happen, but when it will occur and how prepared organizations are for that scenario. That’s why the council members and I believe that 2014 will be the year companies get serious about disaster recovery preparedness. We believe there are three important steps companies need to take in 2014: See full article