Earlier this month as hurricanes lined up in the Atlantic like planes heading in for a landing at LaGuardia, communities and businesses struggled to redefine “resilience.” Staying safe physically is the overriding concern but protecting property and business assets is just as critical, because getting back to “normal” can take weeks if not months. Let’s face it: hurricanes are becoming more catastrophic, bringing not only highly destructive winds but unprecedented flooding; an estimated 17 trillion gallons was expected to be dumped on the Carolinas during Florence.
Would it surprise you, however, to learn that cyberattacks are now the biggest threat to businesses from the point of view of investors, echoing rising fears from business leaders, according to a recent study by PwC? According to its 2018 survey, “41% of investors and analysts are now extremely concerned about cyber threats, seeing it as the largest threat to business, rising to first from fifth place in 2017.”
In terms of CEOs, PwC found that terrorism vaulted to the number two concern in 2018, from number 12 in 2017. PwC chairman Bob Mortiz said that CEOs appear increasingly anxious about societal threats, including terrorism and geopolitical uncertainty.
Clearly, the meaning of “resilience” has changed for most companies over the last several years. The 21st century disaster creates multiple points of potential failure, making it harder to maintain continuity for everyday operations and to recover quickly if disaster strikes. So how can a business steel itself to face uncertainty and growing threats in an increasingly complex global economy?
Sungard Availability Services (“Sungard AS”), which provides managed IT services, information availability consulting services, business continuity management and disaster recovery services, defines business resilience as “the ability to anticipate risk, mitigate the impact and move forward with confidence as you transform your business.”
With 40 years of disaster recovery experience, Sungard AS knows all about keeping mission-critical operations highly available. That’s why more than 70 percent of Fortune 100 companies rely on it for resilient and recoverable IT.
This week, Sungard AS will be sharing information and ideas on resilience at DRJ Fall World 2018, a conference filled with educational opportunities for attendees of all business continuity planning experience levels. The tools gained at DRJ Fall World 2018 can help reduce downtime, increase safety, secure data, and reduce overall risk.
For example, Sungard AS defines the basic building blocks for a successful recovery solution as:
With the right recovery management automation and lifecycle tools, Sungard AS can help companies improve their recovery time objectives (RTOs) and expand data protection, which will reduce costs and risks.
Working with Sungard AS, companies are transforming their IT environments to align the right workloads with the right infrastructures, embedding resiliency into and across the production environment. As a result, they’re able to ensure the availability of mission-critical operations, reduce complexity and risk and capitalize on the opportunities that digital transformation offers.
From Disaster Recovery as a Service (DRaaS) to Workgroup Recovery Solutions, Sungard AS will have experts available to discuss everything from cyber resilience to business continuity following natural disasters. Stop by Booth 306 at the JW Marriott Desert Ridge Grand Canyon Ballroom for professional advice, an opportunity to register for a free webinar, and chances to win prizes on a daily raffle.
With the right model for resilience, you could become the champion of continuity for your organization.