Cyber resilience keeps taking center stage. One of Europe’s compliance regulations, the Digital Operational Resilience Act (DORA), is doubling down on financial organizations. Established in 2022, DORA was created to address critical gaps in EU financial institutions that elevate information and communication technology (ICT) risks.
The new rules taking effect meant that businesses were up against the clock to satisfy DORA requirements. In fact, some businesses had as little as six months to prepare. Many organizations need additional help to ensure they have the necessary protection and rely on managed service providers (MSPs) and data protection professionals for guidance.
BackupVault is a U.K.-based cloud backup aggregator that’s staying ahead of the curve by helping their clients satisfy DORA compliance. The BackupVault team provides automatic online backup solutions and critical data protection against ransomware, insider attacks and hackers for businesses and organizations worldwide. They not only serve clients in the financial sector but also clients of all industries who need to meet GDPR and NIS 2 Directive requirements.
The challenge with DORA
What’s the greatest challenge with developing cyber resilience in alignment with DORA? Business continuity and disaster recovery plans are essential pieces of the puzzle. But creating these plans typically involves complex, costly and time-consuming efforts.
The good news is that most businesses have executive-level buy in. According to the Forrester/Disaster Recovery Journal Q4 2022, 96% of respondents say that business continuity preparedness has sponsorship and support at the executive level. Based on the findings, it’s clear that chief revenue officers and head of enterprise risk leaders are steadily funding business continuity preparedness activities over time.
Yet, for small and midsized enterprises (SMEs), finding the necessary resources is likely daunting. It’s growing more difficult to achieve protection with smaller budgets and expanding IT environments.
Today’s SMEs need data protection to cover more ground
Modern businesses rely on more and more technology to keep their operations running, including Microsoft 365, Google Workspace, Azure, Dynamics, AWS and endpoints. However, as organizations take on more tools, data and attack surfaces, their cyber risk only heightens.
Recognizing these risks, BackupVault saw an opportunity to help SMEs close their data protection gaps by strengthening their backup and disaster recovery in alignment with stringent compliance frameworks. Reducing their clients’ risk was critical to their success and profitability as a full-fledged backup business.
Simplifying protection and business resilience with Acronis Advanced Disaster Recovery
In our case study, BackupVault Founder and CEO Rob Stevenson and Sales Director Brian Evans shared their experience helping a client who used Acronis Cyber Protect Cloud with Advanced Disaster Recovery to restore their data.
“We had a client who leveraged Acronis Advanced Disaster Recovery, but rather than restoring data to their machine, they were able to recover it to their preferred third-party data center,” said Evans, “The concept was proven, and the only difference was the destination that they wanted their data restored to. It worked very well, and they are happy with the outcome.”
Advanced Disaster Recovery features such as point-in-time recovery, automated test failover and local recovery with instant restore, which helped BackupVault’s clients return to “business as usual” in only minutes.
Rapid recovery is a revenue-boosting opportunity
Data protection is BackupVault’s bread and butter. So, it only makes sense that taking a data-driven approach is equally important to their team, too. Stevenson and Evans are proud to report that with Acronis, BackupVault doubled their revenue in less than 12 months. Rapid recovery continues to be a value-added benefit that propels their growth and success.
About Acronis
A Swiss company founded in Singapore in 2003, Acronis has 15 offices worldwide and employees in 50+ countries. Acronis Cyber Protect Cloud is available in 26 languages in 150 countries and is used by over 20,000 service providers to protect over 750,000 businesses.
