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Friday, 16 June 2017 16:28

BCI: Over three quarters of organizations face unnecessary disruption risks for critical applications

The Business Continuity Institute

Many organizations don’t devote enough attention to mission-critical applications when creating disaster recovery (DR) plans, and one of the biggest reasons is the 'resiliency perception gap', or the gap between executives’ perceptions of the effectiveness of their resiliency strategies and how successful these plans actually are at protecting against application outages or downtime. This gap can result in lost revenue and damaged brand reputations.

A new Forbes Insights Executive Brief, sponsored by IBM, showed that 80% of respondents fully expect that their disaster recovery plans can run their business in the aftermath of a disruption. Yet this confidence is questionable. Less than a quarter of these same executives say they include all critical applications in their DR strategies, which means 78% of enterprises face unplanned and unnecessary risks for these essential resources.

Business resiliency: now’s the time to transform continuity strategies also noted that gaps exist in management and governance activities, with 61% of executives saying that business continuity, disaster recovery and crisis management are siloed rather than administered as they should be - an interrelated whole.

Many organizations don’t have the means, or the desire, to fully protect critical assets as nearly three-quarters (73%) of surveyed executives pointed to shortfalls in funding and other resources as impediments to covering all critical applications within DR programmes. In addition, another quarter of executives don’t even consider it essential to cover 100% of their critical applications.

Outdated runbooks are common as more than half of enterprises (58%) go almost a year, sometimes longer, between tests of their business continuity and DR plans. Only 28% of companies run assessments monthly. As a result, nearly half of the executives (47%) say that DR drills or actual events showed the runbook was out of sync. Almost half (46%) of the executives surveyed say testing disrupts their organizations, and the cost of running tests keeps another quarter from testing more frequently.

There is often an over-reliance on manual processes as DR strategies aren’t becoming automated as quickly as production processes, leaving nearly a third (31%) of enterprises struggling with manual DR resources. Even many of the more mature organizations have only pockets of automation.

“Clearly, many executives don’t realize the full extent of risks they’re running,” said Bruce Rogers, Chief Insights Officer at Forbes Media. “And tight budgets force many to make trade-offs.”

“Clients today demand IT recovery solutions that are designed for complex hybrid cloud environments to restore their confidence and meet their business needs,” said Chandra Sekhar Pulamarasetti, Co-Founder and CEO of Sanovi Technologies and VP Cloud Resiliency Orchestration Software and Services at IBM. “Cyber attacks and other threats require innovative business resiliency plans that are orchestrated to anticipate problems and reduce risk, cost, and downtime in the process.”