Risk Management: Disaster Recovery
In essence, disaster recovery has got to do with protecting an organization against events of a negative nature and their effects/impact. Such events include, but they are not limited to, failure of equipment, serious cyber attacks, and natural disasters such as hurricanes and earthquakes. All these put the operations of the organization at risk. This text concerns itself with practical risk management. In so doing, it will, amongst other things, address the need for disaster recovery and highlight the key components of a disaster recovery plan.
The Need for Disaster Risk Management
The relevance of disaster risk management cannot be overstated. This is particularly the case given that disasters put the continued operations of an enterprise at risk. It is important to note that in the past, many businesses have had to contend with huge losses when disasters strike. This is more so the case when it comes to the ensuing replacement costs of damaged items, storage of retrievable items, business interruption costs, disaster restoration site costs, etc. (Doig, 1997, p. 41). It is for this reason that there is need to invest in disaster preparedness, as this ensures that the impact of disasters on the operations of an entity is minimal. Essentially, disaster preparedness comes in handy in disaster risk reduction; with the latter being an aggregation of all those measures undertaken to bring down or suppress the damage brought about by events classified as disasters. Most businesses find it impossible to continue in operation after disasters strike. This is particularly the case given the huge losses often associated with disasters, some of which have been highlighted above. It is for this reason that a number of entities have in place what is referred to as a disaster recovery plan (DRP).
This particular document lays down the procedures, policies, as well as actions...
Lynchburg Security Formulating a disaster and risk management is necessary for this jurisdiction. This is based on the knowledge that risk management is a demanding initiative that requires an appropriate and responsive. Satellite units are professionally trained to meet global demands. The Lynchburg, Virginia security system has met federal requirements of quality, and as a result, the system has proved suitable to respond to various hazards experienced in this jurisdiction. This
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Disaster recovery refers to the IT components of the business that, in times of a disaster, need to be safeguarded so that business can be continued. Disaster recovery is more a preventive plan set in motion prior to the organization and implementation of the business than a series of actions that are followed once the disaster hits the company. Given that most companies are, to a large extent and in
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