RealNews

Study: Many companies lack disaster, continuity plans

A U.S.-led war in Iraq that could spawn new terrorist attacks in the U.S. could be less than two weeks away, but that hasn’t prompted many companies in the U.S. to invest adequately in disaster recovery, according to a new study released today by Dataquest Inc. The study, “Investment Decisions: Preparing for Organizational Disasters,” warns that unless companies invest immediately in disaster preparedness planning, as many as one in three could lose critical data or operational capability if a disaster occurred. IT managers from 205 end-user companies representing eight vertical industries in the U.S., including government, aren’t investing appropriately in disaster plans because they don’t have the money to reach their required readiness levels, said Tony Adams, principal analyst in Dataquest’s IT services group. “Budget constraints are forcing an average of 40% of respondents to rely on a best guess to determine potential risk rather than obtaining formal assessments, which would be too costly,” he said. Full Story

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