February 2019

Columns

Digital: Three steps to implement a 21st-century disaster recovery plan

In the wake of Hurricane Florence, businesses across the US had another reminder of how unpredictable and unavoidable disasters are when they strike.

Cox, E., Allegro Development Corp.

In the wake of Hurricane Florence, businesses across the US had another reminder of how unpredictable and unavoidable disasters are when they strike. According to a recent analysis by The Economist,1 weather-related disasters globally are occurring more frequently—increasing from 100/yr in 1970 to approximately 400/yr in 2017. Other incidents are due to human threats. A 2017 industry report cited that data loss from cyberattacks such as ransomware, rogue employees and malware is up an alarming 400% since 2012.2 These disasters impact companies across the world daily with data loss, downtime and even potential permanent closure. The US Federal Emergency Management Agency (FEMA) reports that

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