Playing Russian roulette with Mother Nature is never a good idea. Not only is it risky, but it’s also foolish – especially for compliance-driven industries.
For heavily-regulated industries – such as healthcare, financial services and government agencies – disaster recovery planning is critical. Besides bringing about astronomical costs, downtime can render your data unrecoverable, leaving these organizations to face a slew of costly lawsuits as well as compliance and regulation fees. In spite of strict regulations, however, these organizations fail to make the grade for disaster recovery preparedness, according to a recent survey commissioned by the Disaster Recovery Preparedness (DRP) Council.
According to survey results, one in five financial services respondents reported losses from outages ranging from $100,000 to $5 million, while one in four healthcare organization participants estimated losses between $50,000 and $1 million.
Moreover, it was found that companies rarely test their disaster recovery plan more than once a year and organizations struggle with DR compliance reporting.
The findings of this study highlight the need for compliance-driven industries to improve their disaster recovery preparedness. Here at Axcient, we make it easy for these organizations to comply with industry regulations while ensuring business productivity. Our datacenters offer the highest level of safeguards in protecting sensitive data, including SSAE 16 compliance and maximum-security technology.
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