Business Continuity Essentials

Business owners know there are a number of threats to business continuity. Next to employees, your IT systems and their data may be your most valuable assets. Your business may fall prey to Cyber attack or Data breach. Other factors, including adverse weather, fire, or interruption to utility supply, may also cause business disruption. Can your company recover from a catastrophic data loss? Use this Business Continuity Essentials guide to reduce the risk of downtime: Business Continuity: Understanding Cost of Downtime How much data do you need to recover to bring your business back from a disaster? Not all data may be essential immediately. However, some systems–including email–support other mission-critical systems and processes within your company. It is also important to know how long it will take to recover your data. Factor in your employees’ wages, plus overhead and potential loss of revenue, to get a sense of the overall risk of not having a Business Continuity and Disaster Recovery plan. Having a Business Continuity Plan May Avoid Violation of Industry Regulations Depending on your industry, backup and disaster recovery might be the law. Sarbanes-Oxley (SOX) makes business continuity and disaster recovery an imperative. Failure to comply could mean fines and even jail time. Other industries, including health services, must comply with the Health Insurance Portability and Accountability Act (HIPAA), which requires backing up data and making sure it is consistently available, even in a disaster. Understand regulatory requirements placed on your business, to avoid unnecessary consequences of a business interruption and data loss. Data Protection with Belts and Suspenders Relying on a local backup is not enough. The...

Cloud Computing Defined

The demand for Cloud Services continues to climb. Recent forecasts from International Data Corporation (IDC) predict worldwide spending on public Cloud services will grow at a 19.4% compound annual growth rate (CAGR) – from nearly $70 billion in 2015 to more than $141 billion in 2019. This report cited Software as a Service (SaaS) as the leading consumption model for Cloud Services. In addition, Telecommunications is expected to be the fastest-growing vertical industry with a worldwide CAGR of 22.2% over the forecast period of 2014-2019. To avoid the hype associated with fast-growing technologies, it is important to gain a fundamental understanding of what defines Cloud Computing. The National Institute of Standards and Technology (NIST) provides guidance to help understand Cloud Computing. According to NIST, there are five characteristics for an offering to be considered a Cloud service: Cloud Services are Rapid Elastic A Cloud Service should automatically scale resources as needed. This provides businesses agility by growing as the need for additional capacity arises. This elasticity avoids the need for a business to build in excess capacity for unpredictable workloads, a capacity that may go unused at off-peak times. On-Demand Self-Service In addition to rapid elasticity access, Cloud Services should be simple so any user can quickly provision additional resources when needed. Removing the friction to ordering, provisioning, and configuring Cloud Services when needed empowers the workforce and avoids unnecessary downtime, while improving employee productivity. Broad Network Access Business Class Broadband networks provide affordable access to Cloud Services. Access across the Public Internet allows a common interface for multiple devices including laptops, tablets and smartphones. This provides employees the...