19% of organisations have no 'Business Continuity plan'.SteelEye Technology, Inc. have released a preview of results from its forthcoming market survey, the SteelEye Technology Business Continuity Index, deployed in conjunction with Continuity Central (http://www.continuitycentral.com). Top-level findings show that despite both growing industry-wide adoption of formalised Adj. 1. formalised - concerned with or characterized by rigorous adherence to recognized forms (especially in religion or art); "highly formalized plays like `Waiting for Godot'" formalistic, formalized BC plans (73%) and a startling star·tle v. star·tled, star·tling, star·tles v.tr. 1. To cause to make a quick involuntary movement or start. 2. To alarm, frighten, or surprise suddenly. See Synonyms at frighten. percentage of organisations that have needed to invoke those plans (45%), many organisations still fall short in their preparedness pre·par·ed·ness n. The state of being prepared, especially military readiness for combat. Noun 1. preparedness - the state of having been made ready or prepared for use or action (especially military action); "putting them for an IT disaster. Respondents to the international survey reported that on average, they have less than 48 hours to correct outages before the downtime The time during which a computer is not functioning due to hardware, operating system or application program failure. becomes a potentially fatal issue for their organisations, with the largest slice of organisations (32%) reporting anything more than four hours of outage out·age n. 1. A quantity or portion of something lacking after delivery or storage. 2. A temporary suspension of operation, especially of electric power. as disastrous. Despite this narrow window, 19% of organisations have no plan whatsoever for assuring business continuity, with these enterprises most often blaming cost as the key barrier. But the survey also showed that the biggest slice of organisations (40%) spends less than $100,000 per year on their BC initiatives. Among the more encouraging findings released were those that showed not only that 73% of organisations have formalised BC plans in place, but also that 87% of those plans include a remote disaster recovery site as a failover option. For example, although 95% of organisations test their BC plans at least annually, organisations that have needed to invoke their BC plans test their plans more than twice as often as those who have not yet encountered a potential disaster (19 times per year vs. nine). This suggests that many organisations seriously underestimate the likelihood of a disaster, and that only once they experience a threat do they prioritise Verb 1. prioritise - assign a priority to; "we have too many things to do and must prioritize" prioritize grade, rate, rank, place, range, order - assign a rank or rating to; "how would you rank these students?"; "The restaurant is rated highly in the food testing as a regular practice. www.steeleeye.com |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion