601. SMEs failing to plan for business continuity risks, survey shows.
- Author
-
Goodwin, Bill
- Subjects
BACKUP processing alternatives in electronic data processing ,SMALL business management ,LONDON Terrorist Bombings, London, England, 2005 ,BUSINESS planning - Abstract
The article focuses on a research by Cable & Wireless which revealed that most small and medium-sized (SMEs) businesses are not making contingency plans for staff who might be unable to access company offices following an emergency. Yet one-third of SMEs outside London, England and two-thirds of those inside London have not put business continuity plans in place, the survey of 100 organisations revealed. And less than one-third of small businesses have updated their business continuity plans since the 7 July London bombings. The survey showed that although one-third of small businesses recognised the need to back up data, they did not keep backup copies outside their headquarters, placing them at risk if their offices became inaccessible. Such lack of planning could leave businesses vulnerable if police cordons, fires, floods or terrorist attacks left buildings inaccessible. As the research shows, many businesses aren't even backing up data off-site, a simple and cost-effective means of protecting against data loss and ensuring business survival.
- Published
- 2005