Disaster Recovery and Business Continuity with Eyra Security
In a partnership with the Infobunker, Eyra Security has pioneered a new approach to disaster recovery and business continuity planning. By recognizing that businesses change all the time, and that, at best, traditional disaster planning simply serves to lock the business into rigidity, we prefer to focus less on what the business is today and more on what it will be tomorrow. A disaster will not cause a business to fail because they lack a complete and comprehensive plan. Disasters kill businesses in specific and understandable ways.
- Cash Flow – When disaster strikes, cash flow suddenly drops to zero. If a business does not have enough money saved in a “war chest” and does not have a plan to rapidly re-engage to develop the cash flow, it will fail. A cash flow-based approach to DR and BCP looks at how much money the business requires on a monthly basis to survive. It then analyzes ways in which money flows into the business and lays out plans to make the largest of these income streams more resilient. The faster the business can bring cash back into the business, the more likely it is to survive.
- General Employee Availability – The lack of employees during a disaster can cause a business to fail. A regional disaster can kill employee-driven businesses, not because of the disaster itself, but because if all employees are focused on loved ones affected by the disaster, they aren’t available to work. A focus on employee retention during disasters can be critical to the plan’s long-term success.
- Specific Employee Redundancy – In some organizations, specific employees are key to success. These individuals may be executives, managers or highly skilled technical resources. Without redundancy built into the role, either through cross training or insurance, the loss of one of those individuals during a disaster may cause the organization to fail.
- Communication – Customers can be incredibly forgiving or hold a grudge forever. The key to changing the latter into the former is communication. A disaster can hamper the best communication systems, so plans must include special communication processes so the organization can inform their customers, employees and investors that a disaster has struck and what the recovery plan looks like. Communication alone can make the difference between a disaster creating total failure or a platform for future success.
- Disaster Types – Events can vary by type and small, localized problems can be just as damaging as large regional concerns. Whether an event becomes a true disaster depends entirely on how it affects the organization. Proper planning can improve local resilience such that localized issues can be weathered with ease as part of every day operations. This then allows the organization to focus the disaster budget on true disasters that otherwise could wipe the organization off the face of the map.
Schedule a call with Erya today to discuss your resiliency concerns and how to position yourself for long-term success.