TechBizWebTechBizWeb

    Subscribe to Updates

    Get the latest news about Technology and Business from all around the web..

    What's Hot

    DeSantis benefits from ‘Trump fatigue’ ahead of possible 2024 face-off

    July 3, 2022

    Germany and Ireland attack Boris Johnson over Northern Ireland rules

    July 3, 2022

    Biden administration split on whether to remove China tariffs

    July 3, 2022
    Facebook Twitter Instagram
    • About Us
    • Privacy Policy
    • Guest Post
    • Terms
    • Contact
    Facebook Twitter Instagram
    TechBizWebTechBizWeb
    Subscribe
    • Home
    • Technology

      Tesla’s run of record quarterly deliveries comes to an end thanks to China’s COVID shutdowns

      July 2, 2022

      Virgin Orbit successfully launches satellites during first night mission

      July 2, 2022

      Meta’s shutting down its digital wallet, Novi

      July 2, 2022

      TCL 30 XE 5G review: not bad for $200

      July 2, 2022

      Your internet life needs a Feeds Reboot — here’s how to do it

      July 2, 2022
    • Business
    • Cyber Security

      Tips to bolster cybersecurity, incident response this 4th of July weekend

      July 1, 2022

      Jon Raper named CISO at Costco

      July 1, 2022

      2022 RSAC takeaways: Risk management vs compliance

      July 1, 2022

      3 security lessons we haven’t learned from the Kaseya breach

      July 1, 2022

      Auston Davis named CISO at Versant Health

      June 30, 2022
    • Blockchain
    • Vulnerabilities
    • Social Engineering
    • Malware
    • Cyber Security Alerts
    TechBizWebTechBizWeb
    Home»Cyber Security»Preparing for the unexpected: 5 benefits of cloud disaster recovery
    Cyber Security

    Preparing for the unexpected: 5 benefits of cloud disaster recovery

    June 9, 2022Updated:June 9, 2022No Comments6 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Any business that maintains and uses data should have a means of backing up and recovering that data in the event of a disaster or cyber incident. For organizations that handle sensitive information — such as financial institutions — creating a disaster recovery plan is critical.  

    The goal of a disaster recovery plan (DRP) is straightforward: ensure your organization has a structured plan to recover business operations should a disaster or cyberattack occur. A foundational element of your DRP is the ability to back up your IT environment and recover data. Thankfully, cloud technology provides affordable, efficient modern data recovery options.

    What is Disaster Recovery for Regulated Institutions?

    It’s no secret that digital channels reign supreme, especially in the financial sector. Managing data is now fundamentally important, both from a customer experience and a compliance perspective. Therefore, financial institutions and other regulated organizations must prioritize and plan for efficient and rapid disaster recovery to satisfy compliance requirements, minimize downtime and meet the expectations of consumers during and after a disaster or disruptive event.

    Disasters like hurricanes, tornadoes and ice storms have the potential to cause catastrophic damage to organizations that find themselves unprepared. Unlike the risk of a weather-related incident, threats of cyberattacks and data breaches loom large and are occurring with increasing frequency. According to a recent Verizon Report, personal data is one of the most desirable data types to cybercriminals, as this information can be resold or used for financial fraud.

    Maintaining a DRP isn’t just a strategy to mitigate risk: there are compliance considerations as well. Though disaster recovery planning for financial institutions and other regulated organizations is not as all-encompassing as business continuity planning, it is still required by regulators.

    What is Cloud Disaster Recovery? 

    For most institutions, maintaining a complete secondary datacenter is an unrealistic expense. The only true data recovery options for small- to mid-sized institutions center on cloud vs. on-premises. But which option provides the best security, reliability and return on your investment? As the volume, complexity and business value of data continue to increase, the prevalence of implementing cloud disaster recovery is increasingly apparent.

    A cloud disaster recovery solution acts as an “as needed” safeguard during a disaster. Cloud servers can be used along with a physical backup (known as a hybrid system) or as a complete data backup of your entire IT environment.

    Another option for organizations is on-premises data backup and recovery. Data is backed up locally and transported to a storage medium. In this scenario, data can be restored via the backup; however, this approach comes with increased risk since there is no capability of recovery if the servers themselves fail or are damaged.

    Some organizations opt for maintaining a secondary datacenter. During a crisis or disaster, institutions rely on their own backup servers that exist solely to support the IT environment. These servers are usually located away from the main datacenter to mitigate the risk of a localized disaster and managed by internal staff members.

    The Advantages of Cloud Disaster Recovery 

    While on-premises, secondary datacenter and cloud data disaster recovery options are all viable in today’s data-first world, the cloud recovery option offers several advantages to institutions of every size:

    1. Geo-Separation: Most financial institutions maintain branches within a specific geographic location. If a catastrophe such as a tornado, hurricane or ice storm occurs, multiple branches are likely to be affected simultaneously. That means any on-premises servers were likely a casualty of the disaster. In this situation, cloud disaster recovery shines because cloud servers are usually hosted in multiple FEMA Zones, seemingly eliminating the risk that a single catastrophic event would wipe out all your data or render it unrecoverable.

    2. Ease of Data Transfer: With any luck, your organization will never need to utilize a disaster recovery backup of any kind. But should the need arise, cloud recovery offers a secure, encrypted and expedient backup option. And because most cloud backups are managed by a third-party provider, a cloud hosting environment is generated faster than most on-premises solutions. In addition, most cloud recovery solutions have a streamlined process for switching data back to your main datacenter once a disaster has lifted.

    3. A Sizeable Team: Many institutions don’t have the luxury of a large team of experienced internal staff members dedicated to executing a disaster recovery plan. And while large-scale disasters are rare, even the occasional server malfunction or hardware issue can put undue strain on employees. 

    4. Cost Efficiency: For most organizations, the upfront costs associated with on-premises disaster recovery infrastructure can be massive. Using cloud disaster recovery can decrease overall costs because vendors usually charge a small retainer for access to the service, meaning that the organization only incurs additional cost when the cloud recovery system is put into production.

    5. Compliance Standards: Most cloud recovery vendors specific to financial institutions will review and update their cloud environment to ensure compliance, auditing and financial industry standards are implemented. These regulatory updates are advantageous to smaller institutions that are unable to dedicate employee bandwidth to ensure compliance standards are up to par. To further mitigate risk and enhance compliance posture, ensure the institution’s disaster recovery plan is up to date and ready annually.

    Embracing Cloud Backup and Recovery

    For many IT executives, disaster recovery can feel a lot like insurance, even though it’s a requirement for regulated institutions. But the utility of data backup and recovery extends beyond the realm of the catastrophic.

    Even minor inconveniences like the accidental deletion of data and hardware or software failure are enough to burden internal IT staff. And the loss of a single server can disrupt business operations, damaging the customer experience and hurting the bottom line. 

    It’s clear that data backups are essential, and cloud backups are excellent tools for managing both major and minor events because they allow any server to be accessed and temporarily run on a secure environment, and backup data to be recovered as needed.

    The primary takeaway for financial institutions and other regulated organizations: managing and storing data is a dynamic challenge that will only increase as digital channels thrive. Cloud data recovery offers a flexible, cost-effective and scalable option for a disaster recovery plan.

    cloud security cyber security disaster recovery risk management
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Tips to bolster cybersecurity, incident response this 4th of July weekend

    July 1, 2022 Cyber Security

    Jon Raper named CISO at Costco

    July 1, 2022 Cyber Security

    2022 RSAC takeaways: Risk management vs compliance

    July 1, 2022 Cyber Security

    3 security lessons we haven’t learned from the Kaseya breach

    July 1, 2022 Cyber Security

    Auston Davis named CISO at Versant Health

    June 30, 2022 Cyber Security

    #StopRansomware: MedusaLocker | CISA

    June 30, 2022 Cyber Security Alerts
    Editors Picks

    Germany and Ireland attack Boris Johnson over Northern Ireland rules

    July 3, 2022

    Biden administration split on whether to remove China tariffs

    July 3, 2022

    Covid vaccines: how can immune imprinting help experts to rethink jabs?

    July 3, 2022

    Help truly wanted, even if you’ve been in jail

    July 3, 2022
    Trending Now

    NFT Sales Slide to a 12-Month Low Amid Crypto Meltdown

    By techbizweb

    China’s rise pushes Asia-Pacific nations to embrace Nato

    By techbizweb

    Three Arrow’s Su Zhu Puts Singapore Luxury Home for Sale

    By techbizweb

    https://www.nationalsportsacademy.com

    slot gacor hari ini

    http://www.inadesfo.org/

    http://www.eueomgbissau.org/

    http://www.congo-mai-mai.net/

    http://www.angelesdelafrontera.org/

    http://fifaworldcup2018schedule.com/

    http://tony4gtrmcr.co.uk/

    http://www.standrewsagreement.org/

    http://www.bob-russell.co.uk/

    http://davidmulholland.co.uk/

    http://railwayhotelenniskillen.com/

    http://www.fantasysportstrades.com/

    http://www.rainleaf-flooring.com

    http://mothersagainstguns.org/

    http://ma-coc.org/

    slot online

    http://www.paradoxmag.com/situs-judi-slot-online-gampang-menang-2021/

    http://www.paradoxmag.com/situs-judi-slot-online-terbaru-2021/

    http://slot-terbaru.net/

    Slot Gacor

    Slot Online

    Situs Slot Gacor

    http://www.appdexterity.com/

    https://cars4kids-deutschland.de/

    https://www.stretchingculture.com/

    https://www.b-123-hp.com/slot-gacor/

    https://denzstaffing.nl/

    https://ezbbqcooking.com/slot-gacor/

    https://www.mbahelp24.com/slot-gacor

    https://minhtanstore.com/slot-jackpot-terbesar/

    https://njbpusupplierdiversity.com/slot-gacor-gampang-menang/

    https://www.floridaspecialtycropfoundation.org/slot-gampang-menang/

    https://childrenscornerpreschool.org/slot-gacor-gampang-menang/

    https://cryptoquoter.com/slot-online-terbaik/

    https://alorkantho24.com/slot-gacor/

    https://ellas.xyz/slot-gacor/

    https://it.dougamatome.xyz/slot-online/

    https://www.daltercume.com/slot-gacor/

    https://josi-ana.dougamatome.xyz/slot88/

    https://josi-ana.dougamatome.xyz/slot-gacor/

    https://fastobserver.com/slot-jackpot-terbesar/

    https://www.planetexperts.com/slot-gacor/

    https://bfsolution.group/slot-bet-kecil/

    https://rustleva.co/slot/

    https://bfsolution.group/slot-bet-kecil/

    https://www.hotelcalimareal.com/togel-online/

    https://anime-game.dougamatome.xyz/slot-gacor-gampang-menang/

    https://anime-game.dougamatome.xyz/togel-online/

    https://bourbonbarrelfoods.com/slot/

    http://suneo39.wp.xdomain.jp/slot/

    https://techbizweb.com/slot-gacor/

    https://www.generalcatalyst.com/18-daftar-slot-gacor-terbaik-gampang-menang-jackpot-hari-ini/

    https://www.hotelcalimareal.com/slot-online/

    https://www.blockgates.io/slot-gacor/

    https://l12.com.br/slot-gacor/

    slot paling gacor

    https://www.donalds-hobby.com/slot-online/

    https://thecryptodirt.com/slot-gacor-hari-ini/

    http://iseta.edu.ar/aulavirtual/app/upload/users/1/1205/my_files/sbobet.html

    http://escuelavirtual.mincit.gov.co/app/upload/users/1/194/my_files/slot.html

    https://www.dev.medecinesfax.org/courses/JUDICASINO/document/slot.html

    http://www.e-archivos.org/cursos/courses/JUDICASINO/document/slot-gacor.html

    http://iesma.com.br/ead/main/upload/users/4/447/my_files/slot.html

    https://www.fundacoop.org/chamilo/app/upload/users/1/1185/my_files/slot.html

    https://fata-aatf.org/eskola/main/upload/users/3/31/my_files/slot.html

    https://uancv.edu.pe/ofinvestigacion/app/upload/users/3/328/my_files/slot-terlengkap.html

    https://micost.edu.my/EL/app/upload/users/2/209/my_files/slot-gacor.html

    https://www.academiacoderdojo.ro/elearningdev/app/upload/users/2/2442/my_files/slot-online.html

    http://campus-cidci.ulg.ac.be/courses/JUDICASINO/document/slot-termurah.html

    https://www.escueladerobotica.misiones.gob.ar/aula-ste/courses/LIVECASINO/document/slot-tergacor.html

    http://ccdipeepccqqfar.usac.edu.gt/chamilo/app/upload/users/3/358/my_files/slot-online.html

    https://cunori.edu.gt/campus/app/upload/users/7/7334/my_files/slot-online.html

    http://u-rus.com.ar/aula/app/upload/users/1/1322/my_files/slot.html

    http://icrodarisoveria.edu.it/chamilo/app/upload/users/1/1855/my_files/slot.html

    https://iestpliliagutierrez.edu.pe/clarolgm/courses/CASINO/document/slot.html

    http://pva.cobach.edu.mx/app/upload/users/7/7379/my_files/slot.html

    http://www.imb-pc-online.edu.gt/PL/app/upload/users/3/373/my_files/slot.html

    http://avcs.upeu.edu.pe/main/upload/users/3333/my_files/slot.html

    https://chamilo.fca.uas.edu.mx/app/upload/users/1/11186/my_files/slot-online/

    TechBizWeb
    Facebook Twitter Instagram Pinterest Vimeo YouTube
    • Home
    • Guest Post
    • About Us
    • Privacy Policy
    • Our Authors
    • Terms and Conditions
    • Contact
    © 2022 Tech Biz Web. Developed by Sawah Dev.

    Type above and press Enter to search. Press Esc to cancel.