Businesses don’t trust their disaster recovery plans

IT departments are currently facing the huge challenge of dealing with quickly increasing amounts of data while budgets remain flat. That’s especially causing problems when it comes to managing backups and preparing for disaster recovery. 

Nearly a third (32%) of businesses are concerned their backup and disaster recovery operations will fail if an incident occurs, according to a recent study conducted the Ponemon Institute and vendor Acronis. Another 34% believe they’ll still suffer substantial downtime due to an incident.

What’s worse, many aspects of disaster recovery are becoming more difficult for businesses as data needs grow. The 6,000 organizations polled in the global survey are:

  1. 44% less confident that their backup policies and procedures are well documented compared to a year ago
  2. 16% less confident that they have enough controls and procedures in place, and
  3. 8% less confident that they have enough IT staff to handle a disaster or major outage.

The two biggest reasons for poor confidence in disaster recovery plans: A lack of room in the IT budget and a lack of support from management.

While data volumes have grown considerably over the past year, the money allotted to disaster recovery has stayed flat. Over a third of survey respondents said their disaster recovery plans don’t get enough attention because of budget issues.

In addition, 47% said business executives in their organization don’t show enough support for backup and disaster recovery operations.

It’s important for IT to point out to CFOs and other execs in charge of funding that backup and disaster recovery plans aren’t just there to protect against hypothetical incidents that have a small chance of happening. While something like a big natural disaster might be a rare occurrence for most organizations, smaller incidents add up to create a lot of lost productivity and data.

In the past year, 86% of businesses experienced at least one instance of system downtime, and those incidents lasted an average of 2.2 days and cost organizations an average of $360,000.

To learn more, download the report here. For more information on disaster recovery planning, see our earlier post here.