Also, digital transformation and hyper-convergence creates unintended gateways to risks, vulnerabilities, attacks and failures.
Business continuity plans are having to include a cyber resilience strategy that can help a business withstand disruptive cyber incidents.
Businesses thought beyond disaster recovery and more holistically about the entire business continuity process.
Companies realized that without a thorough business continuity plan they might lose customers and their competitive advantage.
The complex IT infrastructure of most installations has exceeded the ability of most shops to respond in the way they did just a few years ago.
Research studies have shown that without proper planning, businesses that somehow recovered from an immediate disaster event frequently didn’t survive in the medium term. It’s important to have a business continuity plan in place to identify and address resiliency synchronization between business processes, applications and IT infrastructure.There are proactive services, such as IBM IT Infrastructure Recovery Services to help businesses identify risks and ensure they are prepared to detect, react and recover from a disruption.With the growth of cyber attacks, companies are moving from a traditional/manual recovery approach to an automated and software-defined resiliency approach.The plans typically include ways to defend against those risks, protect critical applications and data and recover from breach or failure in a controlled, measurable way.There’s also the issue of exponentially increasing data volumes.Some organizations use external business continuity management consulting services to help identify and address resiliency synchronization between business processes, applications and IT infrastructure.Consultants can provide flexible business continuity and disaster recovery consulting to address a company’s needs – including assessments, planning and design, implementation, testing and full business continuity management.Applications such as decision support, data warehousing, data mining and customer resource management can require petabyte-size investments in online storage.An IBM Redbooks Business Continuity planning guide points out that the typical yearly growth of new data in an enterprise is in the range of 40% to 70%. Data recovery no longer lends itself to a one-dimensional approach.When one link in the chain breaks or comes under attack, the impact can ripple throughout the business.An organization can face revenue loss and eroded customer trust if it fails to maintain business resiliency while rapidly adapting and responding to risks and opportunities.