While Japan's nuclear emergency puts local citizens at risk, there is much that organizations globally can learn from the crisis. "I hope that all of us look at this and ask 'What can I do to be better prepared?'" says Regina Phelps, disaster recovery expert.
"In a natural disaster of this impact, you do not think of saving an organization first, but you think of securing the people stranded there," says AnneMarie Staley, director of global business continuity management at the New York Stock Exchange.
Disaster recovery expert Regina Phelps says Japan's nuclear emergency puts local citizens at risk, but organizations globally can learn from the crisis. "I hope that all of us look at this and ask, 'What can I do to be better prepared?'"
Disaster recovery is an important consideration for all companies, especially financial services institutions. It is critical, however, because even brief interruptions can have a significant impact on operations, revenue and reputation. Consider the consequences you will suffer if construction workers accidentally...
Lengthy downtime, data losses, and security breaches can harm business results, bringing business to a halt: stopping the flow of orders, reducing sales revenue, and interfering with the supply chain. These downtimes could potentially impact a company's ability to compete with other organizations that were unaffected,...
In the initial wake of Japan's devastating earthquake and subsequent tsunami, business continuity plans have been tested, and organizations now are dealing with severe aftershocks and a growing national crisis, says Alan Berman, executive director of DRI International.
It's not enough to recover data after an incident; also essential is restoring the software needed to read the data, as Federal Emergency Management Agency has learned. The inspector general explains it all.
"The effort with which an organization can recognize, analyze and respond to an incident will limit the damage and lower the cost of recovery," says Don Weber, former incident response professional at IBM.