CIOL: How well the industry is prepared to manage an impending disaster? VM: Preparedness depends on the policy to take care of the disruption. As all disastrous events cannot be anticipated fully, it is difficult to reach a judgment on the preparedness of the industry. However, in my opinion and to the extent of my experience, in India, the preparedness is not very strong. It is more of gamble game, which means lot of assumption contents, goes into decision-making process.
CIOL: What type of disaster recovery planning have you adopted in your company? VM: In our organization, we have also adopted very simple disaster recovery methods. By this, I mean we are only prepared for simple disasters. Of course, we are continuously studying the need and improving our infrastructure, as and when we are clear.
CIOL: Is a one-stop solution possible to ensure business continuity? VM: This again depends on the policy. A one-stop solution is possible for simple policies. However, a one-stop solution or a single vendor offering the complete service is very rare. Also, I have not come across any vendor, who is only in the space of business continuity practice.
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