Simplify Disaster Recovery with Backup as a Service

Disaster Management is one of the most overlooked aspects businesses often ignore. Many do not have a robust strategy to return to normal within a minimal timeframe. Natural disasters can happen anytime, from a simple power outage to a catastrophic hurricane. In addition, the most common recent disasters are hacking, ransomware, phishing, and other malicious acts by hackers to breach data. A study quoted by Tech Target¹ for 2023 estimates that data breaches in the healthcare industry cost $10.93 Million and $5.90 million for the financial industry.

With technology usage at an all-time high, businesses will suffer detrimental consequences if unprepared. Having a disaster recovery plan in place is so important before it is truly needed. Data forms the crux of any organization, and any loss will have far-reaching implications, be it operational, transactional, or customer data. What gets eroded is the brand reputation and customer trust.

Data backup is the most significant factor in dealing with disasters. Recently, many businesses have moved their data to the cloud, which offers better security and backup services. Using physical storage solutions has high upfront costs and heavy maintenance, which makes a shift to the cloud a necessity. Many businesses also have a hybrid model, which is a combination of cloud and physical on-prem storage.

To be equipped for disasters and ensure a faster Business-as-Usual (BAU) timeframe, the following aspects must be considered.

• Have a defined impact analysis that determines the consequences of a data breach across various stages of operations. Such analysis makes it easier to prioritize data backups.
• It’s important to set timelines for Recovery Point and Time Objectives. This is vital to the disaster recovery plan as it determines the maximum allowable downtime.
• Data replication across multiple geographies is a significant advantage that you need to leverage.
• The choice of a cloud service provider plays an important role in backing up data. Ensure that they have a proper backup facility with regular validation and adherence to pre-defined SLAs.

Backup-as-a-Service

Backup-as-a-service, or BaaS, offers reliability and protection against the effects of any event or disaster that threatens your company’s data and ability to access it. Downtime can cause your company to lose precious time and revenue, which can be prevented with a BaaS solution and a disaster recovery plan.

Let’s explore the benefits of BaaS programs and what they can do for your business.

Convenience

Backups are conveniently accessible when you need them. Your data is not hidden in the trenches when disaster comes. Instead, finding the data you need is simple. BaaS takes productivity to a whole new level with the convenience of data saving. Information that is collected or added to your system gets automatically saved. There is no need to proactively save, label, and track your information because the BaaS solution will do it for you.

Safety

During a disaster, when downtime is high, data security should be a top priority. BaaS solutions offer an unmatched level of safety. Data is stored in a secure, state-of-the-art facility with physical and virtual security measures in place. Downtime can be a huge liability for companies in terms of cybersecurity and virtual threats. However, BaaS ensures that even when your system is down, your data will remain secure from all threats and potential breaches.

Affordability

BaaS solutions provide an affordable end-to-end solution. The costs incurred in disaster recovery will be significantly higher compared to using a BaaS solution. You get the advantage of not having to pay heavy up-front costs compared to using physical infrastructure.

It’s important to note that choosing a BaaS solution can reduce these costs by reducing the managing and troubleshooting of these backup systems. The vendor of the BaaS solution you choose, not your IT department, does such activities.

Reliability

BaaS solutions are highly reliable for getting and containing your data. The configuration is highly redundant, ensuring your data is always where it should be. Beyond the solution itself, the vendor and the professionals working to protect your data will be reliable in retrieving the data you need.

Simplicity

As a business owner, you must remain knowledgeable about millions of tasks. When it comes to technology, understanding it all can be overwhelming, let alone learning a new data storage and backup system. There is good news here. With BaaS solutions, your IT staff does not need additional training, and you do not need to configure users. The solution is implemented straight into your current system and works almost immediately to protect your data.

Scalability

Too many vendors and solutions boast too many features, most of which your business doesn’t even want to use or need. BaaS offers scalability, which means your plan can grow as you grow. You will only pay for the storage that you use. You can purchase other optional services, including managed security and more, with your BaaS.

This is perfect for businesses that want to grow fast with low overhead. Sometimes, data exceeds the amount planned, which makes BaaS a great option.

BaaS offers the flexibility of running your business without the fear of incredible downtime during a disaster. BaaS solutions comply with all regulations, including HIPAA, PCI DSS, GLBA, SOX, and GMPA.

New Era Technology offers Backup-as-a-service (BaaS) as a part of our proprietary CloudBlu solution. Get the advantage of complete flexibility, security, and scalability with total reliability. Do contact us for more information on securing your business data.

References:

1. https://www.techtarget.com/whatis/34-Cybersecurity-Statistics-to-Lose-Sleep-Over-in-2020