The Business Case for Disaster Recovery Planning: Calculating the Cost of Downtime
Source: Iron Mountain
IT leaders recognize that a disaster can be any event that prevents a business from accessing the data and systems it needs to operate. This could encompass everything from regional power outages, to virus outbreaks, to employee sabotage, to external data fraud, to devastating terrorist attacks. Virtually every company faces IT interruptions that can grind business to a halt however, many technologist find it difficult to financially justify their requests for funding of disaster recovery planning and testing initiatives. To show the value of a business impact analysis (BIA) and how to proceed, this white paper outlines the steps for making a financial business case to justify disaster recovery planning and testing.