Modernizing Disaster Recovery: The Shift from Traditional to Cloud-Based Solutions
Strong data protection and disaster recovery measures prevent fraud and cybercrimes that cause considerable financial loss and damage user trust. IBM’s Cost of a Data Breach Report 2023 reports a 15% increase in data breach costs averaging $4.45 million per breach (Pop, 2024). Disaster recovery in cloud computing offers a more flexible, cost-effective approach to disaster recovery that scales according to your resource needs. By enabling organizations to store system backups on multiple servers in different geographic locations, disaster recovery in cloud computing reduces the harm caused when natural disasters affect system backups on physical servers (Veritas Transcend, 2024). Cloud snapshots, incremental backups, and automation improve the speed that data can be stored, whereas physical disaster recovery requires full, less frequent backups (Stringfellow, 2019). Disaster recovery in cloud computing offers additional security in a setting familiar with monitoring disaster recovery, w...