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Business Continuity: How to Avoid Downtime and Data Loss

How can businesses restore their backup data without incurring downtime and loss? Let’s quickly go over a brief description of a Business Continuity.

What is Business Continuity?

A Business Continuity solution is the combination of the latest backup technology and advanced processes to will ensure the business continues as usual in case a disaster strikes. It comprises of a BDR hardware device, could be a really small depending on what’s needed. It can extract and backup complete computer systems, both on a virtual and a physical machine, and can store it on both on the equipment itself and in cloud storage.

The company will benefit from double security. If something happened to the real hardware device, the data could be quickly restored from the cloud.

The goal of business continuity is to reduce downtime and reduce recovery time so that business processes do not interrupt or stop.

The top causes of downtime

Let’s look at some common causes of downtime and the costs associated with this business interruption:

  1. Human error – accidental deletion/change to data continues to be a key driver for data loss, impacting productivity specially if workers must spend time repeating previous work.
  2. Ransomware attacks, malware, data corruption – data can be lost or damaged due to malicious cyber-attacks, or through hardware/software faults.
  3. Hardware failure – despite improving hardware reliability, laptops still last on average just 3 years, making data loss due to sudden hardware failure a reality.
  4. Hardware theft or loss – as the workforce becomes more mobile, it is more likely devices such as laptops are lost or stolen.
  5. Environmental events – we hear more and more about natural disasters and the impact they have on businesses. Whether it is fire, water damage, or a tornado, you need to put safeguards in place to protect clients’ business data.

It’s important to put your business’ security first, even if you think the chances of a disaster striking your company are unlikely, you never know what can happen. Eliminate data loss and downtime costs with a Business Continuity solution like QBR and get that peace of mind you always wanted.

Having a simple, secure, automated way to protect and recover business data can reduce the risk of data loss.

How to choose a Business Continuity Solution

Finding the right Business Continuity solution for your company isn’t always easy. However, if done correctly, your critical company data will be secure 24/7 and easily restorable in case of a disaster. Even if unexpected disasters, such as fires, floods, or simply equipment failures, are unlikely, your business should always be prepared for them.

Here are 5 key points to look for when selecting a Business Continuity solution:

1.      It should backup and restore files easily, with a simple and quick implementation process and a flexible upgrade policy.

2.      The solution should provide multiple recovery points, in order to go back in time and have the option to restore from any given backup. On top of this, these recovery points should be compressed and stored on its own hardware storage device.

3.      It should be able to export the backups as HyperV or Vmware files for deployment on any virtual environment.

4.      It should offer a quick and efficient “bare metal” restore; which is the process of restoring a complete “virtual machine” sitting on the local device into a physical machine.

5.      It should be a hybrid solution, that is based on virtualization, both on the local device and in the “cloud” (hybrid solution); this entails a backup done of a whole physical or virtual machine into one file and sent to the “cloud” after compression and encryption.

When selecting your Business Continuity solution, it’s also important to look at the specifications of the technology as well as the vendor. When you find a business continuity solution that has all of these key points and specifications, like the QBR solution, your business will be able to meet or exceed your Recovery Time Objective (RTO).

Do not risk your business! Choose the safest and right insurance to back up and restore your data with QBR.

Contact us today!

Total Data Protection Business Continuity Services

This post was updated to reflect current trends and information.

When we think about insurance policies, many of us think of the most common ones, such as health insurance, life insurance, automobile insurance and property insurance. We all know that the point of having any insurance policy is to protect your most important assets. For a company, what can be considered as important? I’d say their sensitive data! This is why I strongly urge business owners to have, what I like to call, “data insurance”.

“Data Insurance”

data-InsuranceWhat is “data insurance”? To our team at Namtek Consulting Services, it is a company’s Business Continuity and Disaster Recovery solution and plan. All of our customers, using our QBR Business Continuity solution and service refer to their monthly fee as their data’s insurance policy. They know that no matter what happens, their data is protected and easily recoverable. They are provided with real-time backups, email confirmations ensuring that all backups taken were successful, and quick recovery methods for their data during any crisis or disaster. Please don’t get this mixed up with those old backup tapes and drives. Read how Business Continuity differs from traditional backup and recovery methods.

To learn how Business Continuity works, check out these short videos on YouTube.

What do companies have to protect their data against?

There are many causes for data loss and downtime, which can include human error (accidental deletion of files or folders), natural disasters (fires or floods), power outages, hardware or software malfunction, and much more.

Ransomware

Another big threat to a company’s data is Ransomware Cyberattacks. This is considered as a growing concern in the today’s business world. Ransomware attacks are when hackers threaten companies (and even individuals) by holding their valuable data hostage and asking for a ransom in order to release their data back to them. Ransoms for individuals are usually around $500 USD but can go much higher for companies.

The ransom, in most cases, isn’t even the biggest problem to these companies. It is the downtime that they experience during this whole ordeal. Employees don’t have any access to the company’s data until they pay the ransom, causing operations to stop. By the time management opens up a bitcoin account, pay the ransom and receive the code to unlock their files from the hackers, a few days could have passed. Time is money. For many companies, this downtime could add up to a much higher dollar amount than the ransom itself.

Therefore, it’s critical to understand that ransomware affects companies in two major ways:

  1. The ransom itself, which can be upwards of tens of thousands of dollars for businesses.
  2. Downtime!

Unfortunately, the number of ransomware attacks has been increasing; hackers are realizing that not only can they target individuals, with a $500 USD ransom, but they can target all kinds of businesses, hospitals, universities, etc. in which they know the data at these places is considered to be extremely valuable to them. For Universities that do world-class research, like the University of Calgary, a higher ransom will be requested. Remember, hackers have no moral standards. They can increase the ransom as they please.

More and more, news outlets report successful ransomware campaigns that happen to individuals as well as companies, hospitals and universities.

Read: 2017-2019 Ransomware statistics and facts

 CBC News released a story about a ransomware victim who got his home computer seized by a malicious malware program and was asked to pay $800 CAD to get the code to unlock his files. He paid it right away because all of his family photos and wedding photos were held hostage.

The success rate of these cyberattacks are high due to the fact that hackers can’t get caught and they are continuously adapting to changing environments by altering the malware. On top of it, many people don’t think they’ll be a victim until they are, so they ignored expert advice to implement a Business Continuity solution and draw up a Disaster Recovery plan.

I’m here to tell you that, as a business owner, you definitely need to seek out security measures, like QBR Business Continuity, that will protect your data from these cyberattacks or any other crisis or disaster. It’s to protect you from the unexpected.

Key takeaways from Ransomware Cyberattacks:

  • EVERYONE can fall victim; from individuals, to small businesses to large enterprises
  • The more valuable your data is, the higher your ransom will be
  • There is no limit to how many times you get ransomware
  • Without a solid Business Continuity solution, once you pay the hacker, the virus remains
  • Traditional backup systems aren’t cutting it anymore for these sophisticated types of malware
  • Business Continuity saves companies from having to pay a ransom and from incurring any downtime. They can instantly rollback to the most recent time where all of their files were not infected.

 

Bottom line: Protect your data to keep operations running as usual

data-securityIn the end, what matters to every business owner, is how fast employees can get back to work or in other words, how quickly operations can resume, during all sorts of disasters or crises. Be it a fire, a flood, an ice storm (for all our fellow Canadians), a human error, a ransomware attack, or hardware malfunction, it’s important to be well protected. A company’s data is extremely valuable to their operations and it’s time business owners see Business Continuity services as their insurance policy. Our QBR customers can restore an entire server, an entire desktop or simply pick and choose a specific file they accidentally deleted. It’s that simple and truly that remarkable.

Business owners may think that the chances of them experiencing data loss or downtime are slim. It’s actually a lot more prevalent than one may think. According to Peer1 hosting, “90% of businesses unexpectedly lose access to their critical systems and one-third of them deal with downtime each and every month. The average downtime in the U.S. is 7.9 hours, and in Europe, businesses average 10.3 hours of downtime”. When this happens, and depending on the cause of downtime, these companies will suffer from loss of data and loss of revenue, amongst other major business impacts.

How much will 7.9 hours of downtime cost YOUR business?

Once you see an actual dollar amount linked to your downtime, you may start re-thinking having that “data insurance policy”.

Protect your company’s data and get some “data insurance”. Contact us about our Business Continuity service – QBR. You’ll have the peace of mind when it comes to your data’s safety.

How the latest Business Continuity Solutions Have Changed the Way We Backup & Restore Company Data

Technological advancements have truly changed the way businesses are able to backup and restore their sensitive company data. The demand shifted from simply needing a backup system to a backup AND restoration solution. This is because, in today’s fast-moving, dynamic and competitive business environment, traditional backup methods, like tapes and drives, are simply not enough. Business people need to know that: 1. Their backups are working properly and are taken at multiple times a day and 2. They can easily and quickly restore any and all lost data (be it a single file or an entire server) at a moment’s notice. Read more

Last week, we published an article explaining why proper business data protection should be taken seriously in this day and age. Today, I will dig a little deeper and go over 4 main questions every business executive should ask him/herself in order to assess if their current backup and recovery process and solution are effective and complete to reduce or even eliminate downtime. Read more

Ever wonder how exactly your Business Continuity solution will work if your system goes down or if there is a fire or flood in your building and destroys all your company’s IT infrastructure. We give you a brief overview of how it works and how you can be up and running in no time with QBR (Quick Backup Recovery). For more information, visit our QBR website. Read more

Nowadays, many businesses, small or large, input and store their data in some kind of system(s), like a CRM system, an Accounting software, a Warehouse Tracking system, or a fully integrated ERP management solution. Unfortunately, these companies, who rely so heavily on these systems and on having real-time data, still trust their backup tapes, disks or online methods. In this case, how safe is their business data from being lost due to an unexpected crisis or disaster? From our experience, not safe at all! Read more

Today’s infographic provides brief descriptions of the many parts of a complete Business Continuity Plan. It’s time you protect your business from downtime BEFORE a disaster occurs.

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Start Backing up your Business Data with a Business Continuity Solution like QBR to prevent downtime and lost data.