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AT&T, Verizon Send Equipment To Aid In Oil Spill Disaster: Page 2 of 2

The DR/BC survey shows businesses have to devote more attention and IT budget to preparedness for a number of reasons, including cyber attacks, terrorist attacks and for compliance with regulations such as HIPAA for health care, Sarbanes-Oxley for public companies or PCI for credit card companies, she added.

The AT&T study also showed that 72 percent of companies surveyed in all markets said they were looking at new technology for DR/BC planning including cloud computing, in order make spending on DR/BC an operating expense instead of a capital expense, said Costello. By signing a contract for cloud computing services with a third party provider, a company need only access those backup computing resources when a disaster occurs.

"Many clients have historically had a very expensive insurance policy, if you will," Costello said, referring to additional compute capacity businesses had to finance themselves for disaster recovery. "Now, the service provider can allocate you additional resources during the event."