Wednesday, January 2, 2019

Word of the Day: business continuity and disaster recovery (BCDR)

Word of the Day WhatIs.com
Daily updates on the latest technology terms | January 2, 2019
business continuity and disaster recovery

Business continuity (BC) and disaster recovery (DR) are closely related practices that support an organization's ability to remain operational after an adverse event. The goal of BC/DR is to limit risk and get an organization running as close to normal as possible after an unexpected interruption.

As cyber threats increase and the tolerance for downtime decreases, business continuity and disaster recovery gain importance. These practices enable an organization to get back on its feet after problems occur, reduce the risk of data loss and reputational harm, and improve operations while decreasing the chance of emergencies. The trend of combining business continuity and disaster recovery into a single term (BCDR) is the result of a growing recognition that business and technology executives need to collaborate closely when planning for incident responses instead of developing schemes in isolation.

 

BC/DR is a rapidly expanding market for managed service providers because backup touches so many of their customers' business concerns. Another developing concern is around compliance. The BC/DR market's growth can be tied to the current state of the small and medium-sized business (SMB) segment, which makes up the bulk of MSPs' customer focus. SMBs are also bound by many of the regulatory requirements that are imposed on enterprise-size organizations, so they must meet those same compliance demands.

BCDR professionals can help an organization and its employees achieve resiliency. Developing a strategy is a complex process that requires research and analysis, including conducting a business impact analysis (BIA) and a risk analysis, and developing BCDR plans, tests, exercises and training. Continue reading...

Quote of the Day

 
"As you build, review, update and test your BC/DR strategy, have a fallback plan just in case all hell breaks loose. Doing so will speed up the process of recovery, ensuring your ability to get the business up and operational, even in the worst of circumstances." - Nick Cavalancia

Learning Center

 

Focus more on disaster recovery strategy in 2019
Innovation in DR was prominent in 2019, but when it comes to disaster recovery strategy, many organizations are still found wanting. Here are four areas to focus on to improve your organization's DR planning and strategizing.

Disaster recovery plans, continuity take center stage in 2018
Crafting complex disaster recovery plans was key in 2018, whether the concern was downtime or security. See which expert tips caught the most reader attention in this end-of-year roundup.

The top 5 data storage questions we answered in 2018
Among the complex topics covered in 2018, popular data storage questions topping reader minds were the nuances of storage basics and the differences between old and new technologies.

What to do when a BC/DR plan goes awry
Preparing for the worst with a BC/DR plan may involve being prepared for it to fail. Here's how to prioritize, strategize and get moving after a disaster.

Ten business continuity risks to monitor in 2018
According to the Horizon Scan Report 2018 from the Business Continuity Institute, the most prevalent modern business continuity risks include cyberattacks, inclement weather and IT outages.

Quiz Yourself

 
A business continuity plan ______ a number of activities that business continuity software systems can help facilitate and organize.
A. comprise
B. compose

Answer

Stay in Touch

 
For feedback about any of our definitions or to suggest a new definition, please contact me at: mrouse@techtarget.com

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