What are some key issues that you must address when considering data backup and recovery?

What will be an ideal response?

The cornerstone of business data protection is a backup policy, which contains detailed instructions and procedures for all backups. The backup policy should specify backup media, schedules, and retention periods. An effective backup policy can help assure continued business operations, and in some cases, be the key to a firm’s survival. In addition to backing up critical business data, some companies have taken a more dramatic step by establishing a hot site. A hot site is a separate IT location, which might be in another state or even another country that can support critical business systems in the event of a power outage, system crash, or physical catastrophe.