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Business Continuity And Disaster Recovery - Business Impact Analysis


Data Recovery


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Business impact analysis is a critical part of the business continuity planning process. This step quantifies data and gets into the real world issue of potential losses that can negatively impact your business. It is used to understand the most important impacts and how to best protect your people, processes, data, communications, assets and the organization's goodwill and reputation.

Organizations often think in terms of disaster recovery. Business continuity and the business impact analysis is more focused on keeping the business up and running and less focused on recovery after a disaster. The business impact analysis also is not focused only on the potential disasters, but on all potentially critical discontinuities. Key elements of the Business Impact Analysis are to identify critical business functions, establish the maximum acceptable outage time for each of these functions and then to determine the impact of not performing those functions. This can be measured against regulatory, legal, financial, operations or customer service requirements.

Once the adequacy of security and controls is evaluated and critical business functions and outage times are defined, the business continuity planner needs to develop an understanding of the probability of threats factored by the severity or impact and to start to develop a cost benefit analysis of the largest impact and highest probability threats.

It's virtually impossible to create an absolute value and prioritization of threats and impacts. Generally, a relational system is used to drive out the key priorities. Often, each threat is evaluated according to its probability and assigned a 1, 5 or 10 rating. Then, each threat is evaluated according to its impact on critical business functions and on the business overall. For example, a discontinuity in a critical business function of less than one hour might receive a value of 0. A discontinuity of one to eight hours might be ranked a 1, eight to twenty four hours might be ranked a 2 and over 24 hours might be ranked a 3. Obviously, these rankings need to be developed on a company specific basis. Probability factored by impact creates the relational prioritization list.

This approach to risk evaluation and control allows management to start to quantify the risks and potential impacts on the organization in a thoughtful and analytical way. This results not only in higher quality decisions, but also provides an audit trail that demonstrates that management is paying attention to its risk management responsibilities. These responsibilities might be established by regulatory or legal bodies, demanded as a contractual commitment by customers or simply expected by shareholders as sound and prudent management. The key corporate goals are to protect people, protect assets, protect data and to protect the brand and reputation of the organization.

About The Author

Robert Mahood has significant technology and management experience in data communications, internet, storage, disaster recovery and data recovery. He is currently the president of Midwest Data Recovery. www.midwestdatarecovery.com

bmahood@midwestdatarecovery.com, 312 907 2100 or 866 786 2595







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Business Continuity And Disaster Recovery - The Business Continuity And Disaster Recovery Plan

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Essentially, the plan addresses the who, what, where, why and when of recovery. Goal number one is to reduce the risk profile of the business. Goal two is to be well prepared so the impact of any disruption is minimized. Overall, the objective of the plan is to effectively minimize the chances of disruption and, if there is a disruption, to quickly implement the recovery and get the business or organization working again. The "why" is to maximize bus...(related: Data Recovery)


Data Recovery

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Every person who uses a personal computer will eventually face the challenge of data recovery. Computer hardware and software can be temperamental from time to time. Hard drives and other mechanical components of personal computers and servers do not last forever, and when they fail recovering your data can be difficult, time consuming and costly.If you are working diligently away on a document or spreadsheet in Microsoft Office and the power goes out, you may still be able to recover the documents you were working on when the lights come back on. This type of data recovery is relatively easy and straightforward. Software manufacturers recognize that power outages are inevitable and unpredictable and most office applications incorporate what...(related: Data Recovery)


Backup 101 - How To Pick The Right Backup Software

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Vision Backuphttp://www.deprice.com/visionbackupenterprise.htmVision Backup 10 Enterprise is an advanced and easy-to-use backup solution, designed for scheduled backup of your mission critical data. Supported media's include CD-R/CD-RW/DVD-R/DVD-RW, FTP/SFTP/FTPS, Tape, Flash Devices and USB Hard Drives. Vision Backup gives you the ability to backup all your valuable data on your entire network. Increase Vision Backup's functionality by adding FREE plug-ins such as Microsoft Outlook, Microsoft Outlook Express, Directories and Files, and My Desktop and Files.SmartSync Prohttp://www.deprice.com/smartsyncpro.htmSmartSync Pro is a universal tool to backup and synchronize your important data to the same drive, different drive, remo...(related: Data Recovery)


Online Data Backups For Newbies

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How long have you been doing business online? Whether you are new or an old timer you need to understand the one important truth of the e-world. That being that the largest threat to business survival is data loss.Online data backup is not just for huge multinational corporations and computer geeks anymore. More and more everyday computer users are saving important data to their hard drives. From schoolwork to financial documents, digital media files to journal entries, our computers are storing more and more digital data that holds personal, and in some cases monetary, value to us. It is because of this that online data storage and other backup s...(related: Data Recovery)


How To Use Spyware Elimination Software

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Spyware elimination software is designed to detect andeliminate spyware. A large number of spyware eliminationsoftware products are available. Some of them are availableas freeware and some as shareware. Shareware can be usedfor a specified period, usually 30 days.One must evaluate and compare the features of differentspyware elimination software products before selecting one.Some of the features of an effective spyware eliminationsoftware product are:* It should give a list of detected spyware, to enableusers to allow them to decide, about which ones they wantto delete.* Auto update ensures that the software automaticallydownloads the latest spyware definition file.* Auto scheduling means that the system is scanned forspyware at defined intervals automatically.* The "u...(related: Data Recovery)


Do I Really Need To Backup?

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Okay, computers a machine, right? Okay, maybe not yours. Youhave this special relationship, but that a subject foranother article. Machines break. Software gets fouled up.People make errors. These things happen, and for thosereasons alone, you need to back up all your critical data,redundantly, in a couple of different locations.You can do this using the tools your system provides, or autility you buy for that purpose, but however you do it, doit! Some more things that can go wrong include disks thatturn bad and erase sections of your files, power failures orsurges, the aforementioned human error (one of the mostfrequent causes of data loss!) overheating, water or yourbeverage of choice, magnetic issues and last but certainlymost popular, computer viruses.How is all t...(related: Data Recovery)


Bill Gates Made Data Recovery Easy

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Bill gates provided a ready made option in Microsoft windows, which is very useful for data recovery.Several time we make mistakes unknowingly and we lost our data, then we need to recover the data. There are so many data recovery solutions available but most of them are very costly. There may be a very easy way...(related: Data Recovery)


The Importance Of Email Backup

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Viruses, software failures, power failures, human errors, hard drive failures are only a few examples of what could destroy the data on a hard drive, including all documents, pictures, emails and other files!Most home computer users don't need an expensive backup solution; as they only need to burn the folders with important documents and pictures to a CD-RW from time to time; this ensuring that in case of a disaster they can easily get them back. Togeder with documents and pictures, it's a critical operation to save the emails, attachments, address book and other important data from within the email client; otherwise in case of a computer...(related: Data Recovery)


Do You Have The One Key Ingredient Necessary For Disaster Recovery?

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It is not rocket science, we all know that we should have a disaster recovery plan in place for our business regardless of its size. When disaster strikes, it seldom discriminates on the size of the company. Every business is vulnerable. Whether the disaster is a hurricane, tornado or the latest virus or worm unleashing fury on your computers and databases, every business faces risks.A small business is seldom immune, and in many cases a small business is the most vulnerable of all businesses because they simply aren't prepared for disasters. Large corporations allocate resources (staff and budgets) and are as a whole more prepared to face the unexpected. Most of the fortune 500 companies have disaster recovery plans in place to insure the continuity of their businesses.So, ...(related: Data Recovery)


Disaster Recovery- Managing The Risk

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Helping your business survive in the event of an unforeseen disaster: Most business failures are not from bad business but from bad business practices.Most companies that fail are the ones that have not planned how their business will continue to function in the event of a disaster.We put in the conventional safe...(related: Data Recovery)




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How To Use Spyware Elimination Software

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Spyware elimination software is designed to detect andeliminate spyware. A large number of spyware eliminationsoftware products are available. Some of them are availableas freeware and some as shareware. Shareware can be usedfor a specified period, usually 30 days.One must evaluate and compare the features of differentspyware elimination software products before selecting one.Some of the features of an effective spyware eliminationsoftware product are:* It should give a list of detected spyware, to enableusers to allow them to decide, about which ones they wantto delete.* Auto update ensures that the software automaticallydownloads the latest spyware definition file.* Auto scheduling means that the system is scanned forspyware at defined intervals automatically.* The "u...(related: Data Recovery)

Backing Up Personal Computers

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Backup on business computers is typically not the user's concern unless it's a small business. A business should have a policy in place for managing backups especially due to Sarbanes - Oxyley.Four options for ba...(related: Data Recovery)

Data Backups - One Key To Business Survival

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Your customer data is a precious resource that can literally be worth its weight in gold! If used properly, it can be mined over and over for additional sales and referrals. Do you use this gold mine to ...(related: Data Recovery)

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