Over the last few years, ransomware and cyberattacks have become increasingly more common. Organizations of every size and in every industry have been targeted, which shows that disaster recovery and business continuity are no longer an option. As your company or organization works on its 2022 budget, here are a few things to consider when planning for an outage, storm, attack or other disaster.
Incorporating Disaster Recovery into the 2022 Budget Process
According to the Disaster Recovery Journal, there are three questions to ask during the budgeting process. These will help identify risks and ensure that your business has the right resources in place for the 2022 budget year.
1. What risks does the company face?
Don’t think about risk only in terms of revenue. Consider the potential loss of reputation, of employee engagement, of systems and data, and more. How much risk is your company willing to accept?
2. What is the likelihood that the company will experience an event?
Remove the word ‘disaster’ from the conversation, and discuss the more likely potential causes of an outage or data loss. These range from simple human error or hardware failure, to power outages, storms and major meteorological events. Thinking along these lines will help you make more informed decisions.
3. What are the benefits of an increased investment in disaster recovery?
There are many benefits to investing more in disaster recovery and business continuity. Put simply, the faster your company can recover from disaster, the less impact on systems, customers, and revenue.
If you need help with IT budgeting or making a disaster recovery plan, give Vaultas a call! Leverage the power of the Vaultas Ecosystem to create a plan that meets your company’s unique needs. Contact us today to get started!
Vaultas is a technology ecosystem provider that facilitates direct access to any network or service provider. Our services include colocation, cloud, hybrid IT solutions, connectivity, communication and collaboration including UCaaS and CCaaS, disaster recovery and business continuity, hosting, consulting, energy conservation and much more.
Our primary ecosystem access points are located in the Twin Cities of Minneapolis and St. Paul, as well as Alexandria and St. Cloud, MN, and Milwaukee, WI, with remote access from anywhere in the world. Contact us to get started.