c. Research and describe different disaster recovery plans currently used by companies.

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c. Research and describe different disaster recovery plans currently used by companies.

Category: Evaluation Essay

Subcategory: Accounting

Level: College

Pages: 3

Words: 825

Disaster Recovery Plans
Name
Institution Affiliation
Disaster Recovery Plans
Dynamism in the business world has seen organizations change the way they go about their operations on a daily basis. Increased competition means that companies have to come up with ways of gaining competitive advantages over their rivals to stay in business in the long-term. In recent years, cost reduction and efficiency in operations have emerged as the core elements necessary to sustain perpetual business viability. In a bid to utilize these two critical elements, most organizations have shifted their focus to efficient utilization of people and information resources. Continuous technological advancements and effective people management have led to the over-reliance in people and IT within most business and non-business organizations. Such over-reliance carries an underlying risk. Any disruptions or flaws in peoples’ operations or the information systems carry the potential of severe business losses.
Fig 1.0: Disaster Causes
Source :http://www.businesstechnologyservices.biz/data.html
A disaster recovery plan is a detailed series of steps or procedures that outline how, when and what should be done after a catastrophic event. In business, disaster planning hugely revolves around data recovery. Unforeseen circumstances such as system failures, adverse weather conditions, power outages, or fires may severely affect telecommunication systems and lead to interruptions in business operati…

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