How long can your business survive?
With the information that you've provided, and using certain assumptions made based on how businesses today typically function, we have estimated your downtime losses to be $2,889 per hour.
With your current backup & recovery solution you could be looking at a estimated potential loss of around $27,741
due to 9hrs 36mins of downtime. This is assuming that your recovery process works exactly as planned, and could be worse if you experience any further glitches. For this reason, it's critical to regularly test your recovery capabilities. If the recovery process fails, you could be looking at additional losses of $34,668
per recovery attempt.
Are your backups at risk?
Local backups should be a key part of your data protection strategy. They allow you to recover data and restore operations quickly in the event of a primary server outage, data deletion, or a ransomware attack. However, local backup alone isn't enough. What happens if the local backup device is destroyed or inaccessible due to a fire, flood, or other disaster? That's why you need a secondary, offsite copy of backups.
How can you reduce the risk?
The first step is to talk to your IT service provider or MSP about Datto. Datto's SIRIS business continuity and disaster recovery (BCDR) solutions could reduce your downtime to 0hrs 36mins and your overall downtime cost would fall to $1,734. In the rare case that the first recovery attempt doesn't work, your costs would only increase by $241, as opposed to $34,668.
With Datto, even if you are experiencing an outage at your workplace, work doesn't have to stop. Datto Continuity can get you back to business in a little as 6 minutes on virtual servers, which can be accessed anywhere you have working internet. Features like Ransomware Detection and Advanced Backup Verification let you rest easy knowing your backups will work in your time of need.
