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Business Continuity vs. Disaster Recovery: What’s the Difference?

Pure Storage

When a hurricane leads to widespread power outages, flooding, and workforce disruption, for example, an effective disaster recovery plan ensures that IT systems remain up and running and that operations can come back online as soon as possible. The primary objective is a rapid return to normalcy while minimizing losses.

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Business Continuity vs. Disaster Recovery: What’s the Difference?

Pure Storage

When a regional storm makes travel difficult and causes short-term power outages, for example, an effective business continuity plan will have already laid out the potential impact, measures to mitigate associated problems, and a strategy for communicating with employees, vendors, customers, and other stakeholders.

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Dynamic Risks: Working Definitions and Implications for Risk Management Teams

On Solve

But nearly a full day after the tornado, power outages and gas leaks were causing new evacuations , and the staff shortage continued into the following week.”. Scenario planning and war-gaming can include dynamic risks (the scenario has changed). These are just two examples that capture the concept of “ dynamic risks.”

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The Future of Business Continuity: Innovations and Emerging Technologies

Erwood Group

These examples illustrate how AI can play a crucial role in enhancing IT disaster recovery by automating processes, optimizing resource allocation, and preemptively calling for maintenance and repair to prevent outages improving overall resilience in the face of technological disruptions.

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Building resilient organizations in an era of climate change

everbridge

These assessments provide the foundation for informed decision-making and proactive planning. Embrace scenario planning Scenario planning allows organizations to prepare for multiple potential futures. For instance, how would a prolonged drought affect supply chains, and what measures can mitigate those impacts?