The latest disaster recovery statistics reveal that modern businesses still face costly interruptions due to a variety of threats, ranging from ransomware attacks to sudden hardware failures. The monetary costs of disasters and outages can be significant. According to results from Uptime Institute's "Annual Outage Analysis 2023" survey, 25% of respondents reported that their latest outage incurred more than $1 million in direct and indirect costs. In addition, 45% reported that the cost of their most recent outage ranged between $100,000 and $1 million. Another research report reveals that just over half of organizations have disaster recover plans and around 7% of organizations never test their disaster recovery plans. It was a real pleasure having Sagi Brody, Co-Founder and CTO at Opti9on the podcastto shed light on the various aspects of disaster recovery and how to do it well.
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