NewCloud Blog

There are all kinds of strategies that businesses need to implement to be successful, existing across numerous different business functions. A key strategy that companies commonly overlook is a mitigation strategy. 

Risk mitigation is the process of developing actionable insights that reduce threats to the overall well-being of an organization. Threats come in all shapes and sizes, from natural disasters to cyberattacks. These threats can cause millions of dollars in damages, both physical and virtual. Thus, creating a mitigation plan will help to save your money, as well as improve your business continuity strategy.

How do you create a risk mitigation strategy? Continue reading to find out.

With major hacks, hurricanes and other disasters hitting the news lately, disaster recovery planning has become a necessity for every IT organization. We've talked a lot about how to handle a disaster and developing a disaster recovery (DR) plan, but let's take a deeper dive into actually putting a plan into motion.

Choosing the right data center location to house your virtual infrastructure and data can be crucial to avoiding the debilitating costs of unplanned downtime. To the same token, choosing the wrong data center location may lead to serious issues. Here are four things to keep in mind as you evaluate a cloud service provider’s data centers and where they are located.

One of the most important things for any business is to ensure the continuity of operations in the event of a disaster. As more companies are investing in disaster recovery techniques, they are becoming overly complacent without implementing a proper test.

The 3-2-1 rule is the guiding principle of data backup and disaster recovery. The rule states that in order to have a reliable, redundant backup and an effective disaster recovery solution, you must have: three copies of your data, on two forms of media, with one copy located offsite.

Implementing a disaster recovery plan can often be a daunting task. When it comes to ensuring the security and continuity of your business’s data, there are a lot of factors for companies to consider. Everything, from identifying risk areas to choosing a location to host the disaster recovery site, takes time money and resources that many companies do not have.

Cloud DR (disaster recovery), also known as DRaaS (Disaster Recovery as a Service) puts a twist on traditional DR practices so that organizations can achieve greater cost savings while also achieving more security and reliability in the wake of disaster. Traditional site-to-site data replication has inherent expenses that cloud DR solutions bypass, including the upfront costs of building out a geographically redundant data repository some 500 miles away.  

At first sight, Disaster Recovery Planning may seem like an expensive and time-consuming undertaking. Especially for small businesses who lack IT expertise and funding for DR, options may seem limited. Skimping on a Disaster Recovery plan, however, can lead to severe consequences when disaster does strike. 

What would happen if your office burned down? If there was a flood? If your data was compromised by ransomware, would it survive? Could your company recover? Do you have a plan? CIOs are asked these questions every day and, often, these questions keep them up at night. Knowing that your company is protected in the event of a disaster is priceless. Especially when we know that a majority of companies that do not have disaster recovery plans will be put out of business when disaster strikes. Other than the obvious benefits of peace of mind and business continuity, having a disaster recovery plan in place will help your business immensely and ensure that your data is secure.

Risk assessing is the process of identifying potential risks that could harm an organization. A risk assessment template helps you identify the hazards that could negatively impact your business and the extent of that negative impact. Correctly identifying the risks your business could face could help reduce the severity of any potentially damaging event.