Study finds one in five U.S. businesses lack a continuity plan

An annual survey by AT&T on business continuity and disaster recovery preparedness shows that one in five U.S. businesses do not have a developed continuity plan in place and that nearly 30 percent of business do not even consider it a priority.

In addition, the study, which surveyed IT executives from companies throughout the country that had at least $25 million in revenue found that:

In a statement issued by AT&T, a company spokesman stated that "businesses of all sizes need to be vigilant about business continuity planning" and that "organizations must regularly test and update their plans to reflect changes in their business" so that they can be prepared to maintain operations in the event of a disaster or security breach.