Half of UK firms invoke business continuity plans


Half of UK firms invoke business continuity plans

Encouragingly, 73% of organisations have continuity plans in place, according to a survey by SteelEye Technology.

But 19% of companies have no plan whatsoever, blaming costs for their lack of investment, even though 40% of the organisations surveyed spent a relatively modest £58,000 or less a year ensuring continuity.

“When you consider how many organisations actually use their business continuity plan, and that any company without one could be just a day or two from a ‘fatal issue’, the real costs for business continuity assurance begin to look miniscule,” says Bob Williamson, vice-president of SteelEye Technolgy.

Companies that have suffered downtime test their plans more than twice as often as other companies. A recent report from Hewlett-Packard found similar high numbers of companies with business continuity plans in place, but revealed that 37% only test their plan annually.

Email Alerts

Register now to receive ComputerWeekly.com IT-related news, guides and more, delivered to your inbox.
By submitting your personal information, you agree to receive emails regarding relevant products and special offers from TechTarget and its partners. You also agree that your personal information may be transferred and processed in the United States, and that you have read and agree to the Terms of Use and the Privacy Policy.

COMMENTS powered by Disqus  //  Commenting policy