The survey results are very worrying considering the devastating nature of ransomware attacks, some of which have cost companies tens of millions of pounds.
The findings came from Databarracks’ 2019 Data Health Check, which shows that more needs to be done to bring business continuity higher up the corporate agenda.
Disaster recovery confidence
The Databarracks research questioned over 400 IT decision-makers in the UK and it revealed that just 35 percent of UK organisations are very confident in their current disaster recovery plans.
The good news however is that over half 53 percent said they are fairly confident, but 8 percent of British firms lack confidence in their disaster recovery capabilities.
Also a cause for concern is that, only 49 percent have total confidence in their current backup solution.
“Over the last year, we haven’t seen a huge amount of progress in DR and backup confidence,” said Peter Groucutt, MD at Databarracks. “At the same time, the number of cyber threats has continued to grow as a cause of both data loss and downtime".
“Organisations are lacking something in terms of disaster recovery strategy, and the policies, procedures and technology needed to execute this strategy,” said Groucutt. “It’s hard to function confidently as a business if you’re unsure of how well you’d cope if disaster struck – whether that’s cyber-related or something else like a power outage.”
Databarracks said that part of the problem lies in the current approaches companies are taking: 23 percent of respondents do not have offsite backups.
Another 13 percent of organisations never test backups and 42 percent have not tested the disaster recovery processes in the last year.
“Frequent testing and having offsite copies of data should be crucial pillars of any DR and Business Continuity strategy,” said Groucutt. “This doesn’t need to be expensive or difficult – it’s simply a case of taking the right steps to improve resilience.”
Testing is the key
He advises firms to find ways to make testing part of their day-to-day operations.
“If there is a public transport strike, test your remote working practices,” he said. “Whenever you need to make updates to IT systems, test backups. Exercise these processes on a consistent basis, and staff and the business will always be ready to act when an incident does strike.”
Cyber attacks such as ransomware have costing the global economy lots of money and these worrying statistics highlight how vulnerable UK businesses really are.