Disaster Recovery Readiness in 2023: It's Not a Matter of "If" but "When"
Date: Tuesday, June 20 at 11am PT / 2pm ET
Preparing for technology-related disasters isn't at the top of every organization's to-do list—but it should be. According to the industry watchers at Gartner, the average cost of unplanned downtime in 2014 was $5,600 per minute; today, it's closer to $9,000. Perhaps surprisingly, natural disasters—floods, fires, and wind—account for about 5% of business downtime, while "unnatural disasters"—hardware failures, human errors, and software failures—account for 95%. Meanwhile, malware, phishing, and ransomware attacks are on the rise. The average company downtime after a ransomware attack is 7-21 days.
Whether the disaster is natural or otherwise, this kind of potential revenue loss and reputational damage should be keeping managers up at night. Adding to the potential risks: workloads continue moving to the cloud at unprecedented rates. According to industry analysts, approximately 60% of corporate data is currently stored in the cloud, and there's a lot more on the way.
Disaster recovery readiness, the ways in which organizations anticipate downtime and prepare to re-establish critical infrastructure caused by technology-related disasters, is the topic of this must-attend Tech Talk with technology journalist John K. Waters and data protection expert Scott Hetrick. Among other things, you will learn about:
- The many potential causes of business downtime from natural disasters to internal errors and cyberattacks
- The cost of business downtime, with industry examples
- Why a "3-2-1" backup strategy is critical for disaster recovery
- Strategies for minimizing the loss of data stored in the cloud
- Using backup replication to a remote site or cloud
- Using data deduplication to speed backup and reduce storage needs to allow for more frequent backups
About the presenters:
Scott Hetrick, Data Protection Pre-Sales Manager, Quest Software
Scott has been working closely with the Quest Data Protection solutions for 23 years. Scott has held multiple rolls during this time, anywhere from systems engineering to technical partner account management. Currently, he is the Data Protection Pre-Sales manager and have the joy of leading a very seasoned and knowledgeable SE team. This team is instrumental when it comes to assisting customers and partners on showing the value of our solutions. Outside of work you will find him on one of the Great Lakes, hiking, camping and fly fishing.
John K. Waters, Editor at Large, Redmondmag.com
Duration: 1 hour