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Disaster recovery is usually related to computing systems and information storage and the ability to recover the data. This is different from business continuity, disaster recovery targets the problem after the fact, how quickly they can recover from a disaster or major disruption.
Disaster recovery usually has been associated with computers and information storage and the recovery of that information. Much different from business continuity plans, disaster recovery is designed more on the after mass and how to quickly recover all your data from a major disaster.
There has been a ton of work and success in the area of increasing the size of the data capacity for data storage hardware. Why do I state this? Well think about it, bigger data storage equals more data loss! The importance of this data also increases. For example, did you ever lose a college project that you stored on a floppy disk and then remember you did not store a copy locally on the computer. Remember that feeling of losing that data. Now multiply this times the size of your data drive.
In some rare instances, a strategy decision may end up not being part of your though out strategy. In these cases and others where there is a huge financial risk to your business or giant business disruption then a company income insurance policy may be the right path to take. In general, this policy will provide the business with the same amount of income it was making prior to the disaster. It will increase the businesses odds of surviving and help keep all its current customers while the business tries to recover.
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