Only 34% of UK Businesses Could Recover in Few Minutes if Disaster Was to Occur

According to new research, only one third (34%) of UK businesses could recover in a few minutes if a disaster was to occur.

With three quarters (75%) of UK IT professionals predicting threats to their business downtime will increase in 2016, it is worrying that the two thirds (66%) of businesses are not able to recover more quickly.
 
Business downtime is costly and can also impact an organisations reputation especially for customer facing organisations such as the retail and legal sector. In fact, Gartner recently predicted that network downtime typically costs $5,600 per minute. A cost that many organisations cannot afford.
 
With respondents citing cyber attacks and human error as the two biggest threats to business up time, it is clear that businesses are well aware of the risks. Yet over a third (37%) of all UK businesses do not test their DR plans. Overall the research, which was conducted during October 2015 and had 117 respondents, highlighted that businesses are aware of the risks but worryingly they are still not prepared in the event of a disaster.
 
David Fisk, EMEA sales director, Quorum, Inc.www.quorum.net, commented: “Adopting more cloud-based DR as a Service (DRaaS) solutions can ensure that organisations are prepared in the event of a disaster. This research has shown us that organisations are beginning to identify risks to their business, but many professionals are still struggling to implement an effective DR platform and run regular tests. With cloud based 4 DR and DRaaS, organisations can implement a more cost effective and simple DR platform to provide BC. Companies need to be better prepared going into 2016, organisations are predicting an upsurge in threats and business downtime can cost more than an effective DR solution damaging a companies reputation as well as the financial impact.”