Symantec released its fifth annual IT Disaster Recovery survey this week. The average cost of executing/implementing disaster recovery plans for each downtime incident worldwide is $287,600. For organizations in North America, the median cost can climb to as high as $900,000. While DR times were reduced from previous years, disaster recovery testing and virtualization are still major challenges for organizations. 70 percent of respondents involved the CIO, CTO or IT director on their DR committees.”]

