Disaster Preparedness For Small And Midsize Companies

Factors beyond money also play a part in the rationales for many companies that have yet to establish formal business continuity/disaster recovery policies. For example, some of the blame is traceable to the relative rarity of disaster recovery preparations ever being called on. Nearly 60% of SMB respondents say they have never had to put their preparations into action; just under one-third have done so, but only partially.

That false sense of security may also rest on geographic and meteorological rationales, and the tendency to associate "disaster" with "natural disaster." Businesses whose geographic locations fall outside areas prone to earthquakes, forest fires, floods, hurricanes, and tornadoes may see little reason to implement business continuity/disaster recovery. Yet, these large-scale disasters account for just 23% of business continuity/disaster recovery activations reported by SMB respondents. It's the more run-of-the-mill mishaps that will get you. So what has caused SMBs to trigger their disaster recovery/business continuity plans? For more than three-quarters of respondents, system failures or power outages are the most common, albeit less headline grabbing, reasons.

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Excerpted from "Disaster Preparedness For Small And Midsize Businesses," an exclusive InformationWeek Analytics report presented by bMighty.