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What is a Business ImpactAnalysis (BIA)? Last Updated on May 31, 2020 by Alex Jankovic. The Business ImpactAnalysis (BIA) is a cornerstone of the Business Continuity Management (BCM) Program. The BIA is an organization-wide activity. Reading Time: 5 minutes. How does the industry define a BIA?
Last Updated on May 31, 2020 by Alex Jankovic Reading Time: 3 minutes Should your organization execute a Risk Assessment? The end goal is to enable the organization to determine the most effective use of its resources to reduce these potential impacts. Should you spend time and effort to complete this activity?
Last Updated on May 31, 2020 by Alex Jankovic. The end goal is to enable the organization to determine the most effective use of its resources to reduce these potential impacts. However, each organization will have slightly different impacts from the same risks and chances are, the probabilities of those risks will also differ.
Last Updated on June 15, 2020 by Alex Jankovic Reading Time: 5 minutes In our previous articles , we outlined the reasons why the Business Continuity Management (BCM) Program is essential to your organization. The conclusion was that to be successful and effective, Business Continuity Planning must be an organization-wide activity.
Last Updated on June 15, 2020 by Alex Jankovic. The conclusion was that to be successful and effective, Business Continuity Planning must be an organization-wide activity. So why is it so darn hard to engage an Information Technology (IT) organization (internal or external) in any business continuity planning activities? .
Last Updated on May 31, 2020 by Alex Jankovic Reading Time: 4 minutes Another Business Continuity Management (BCM) Program audit. The second phase of an audit must include an analysis of the information as well as a gap assessment against pre-determined criteria (e.g. Copyright 2020 StratoGrid Inc. Not another BCM Program audit?
Last Updated on May 31, 2020 by Alex Jankovic. In the context of business continuity, IT strategic planning, and other similar long-term planning activities this phase also includes gathering information about the organization’s strategic objectives, vision and overall structure. Business ImpactAnalysis. 18 Articles.
Last Updated on June 7, 2020 by Alex Jankovic. Before the Pandemic of 2020, we all knew that remote work is a viable option for many organizations. During the planning process, a Business ImpactAnalysis analyzes and outlines business requirements. Business ImpactAnalysis. Copyright 2020 StratoGrid Inc.
This statement is quite a mouthful, but it boils down to the identification of organizational threats, managing their impacts and building response strategies to protect key resources. The BCM program contains three distinctive implementation phases and its activities are outlined in the table below. business impactanalysis).
Business Continuity Planning for Small and Medium-Sized Organizations Last Updated on May 31, 2020 by Alex Jankovic Reading Time: 4 minutes Readers note: Please check our recently published high-level Business Continuity Planning guide. Copyright 2020 StratoGrid Inc. Privacy Policy 613.518.2440 Linkedin
Last Updated on May 31, 2020 by Alex Jankovic. The implementation of the BCM Program might require the involvement of consultants in function/process or process documentation, which could be outside of the typical BCM program implementation process activities. Business ImpactAnalysis. Copyright 2020 StratoGrid Inc.
READ TIME: 6 MIN April 14, 2020 Essential IT Projects for a Remote Workforce Whether youre an essential company or a business trying to navigate the daily changes that COVID-19 is causing, keeping your business afloat and productive is likely at the top of your priority list. Check out our IT Security Quiz here.
Business Continuity is NOT a Data Backup Last Updated on May 31, 2020 by Alex Jankovic Reading Time: 5 minutes There is something that bothers many Management Consultants in the Business Continuity and Information Technology field. Copyright 2020 StratoGrid Inc. What could go wrong? Privacy Policy 613.518.2440 Linkedin
Last Updated on May 31, 2020 by Alex Jankovic. One of the approaches which can be followed is the Disaster Recovery Institute International (DRII) methodology, which introduces the following disciplines: Risk Assessment and Business ImpactAnalysis. Copyright 2020 StratoGrid Inc. Reading Time: 5 minutes. Privacy Policy.
Again, with a heavy reliance on customers in the tech industry in 2020 SVB had trouble again when the tech industry experienced a downturn. The bank’s leadership failed to raise enough capital to support its lending activities, leading to a decline in the bank’s financial health.
Last Updated on May 31, 2020 by Alex Jankovic Reading Time: 3 minutes The death of the business continuity planning and profession has been predicted quite a few times over the last decade. Copyright 2020 StratoGrid Inc. Is Business Continuity Planning Dead? Not really! They genuinely care about what their clients’ specific needs are.
Last Updated on May 31, 2020 by Alex Jankovic. Many business continuity planning activities revolve around procedures that do not need to change much, as the time tested approach can be applied to any organization, regardless of their industry or size. Business ImpactAnalysis. Copyright 2020 StratoGrid Inc.
The only other time there were more than 20 was… the year before, 2020, with 22 such costly weather disasters. Air travel may be affected by volcanic activity, severe storms, or even tsunami. In our lifetimes, Hurricane Katrina is perhaps the signature weather disaster. billion in damage.
I understand SEPA (Scottish Environment Protection Agency), after their cyber attack in 2020, had to create their entire financial records from bank statements. In talking to James, the single most important part of your IT system which should always be backed up is your active directory. In some cases, you can reproduce the data.
Business Continuity Planning Guide for Smaller Organizations Last Updated on June 4, 2020 by Alex Jankovic Reading Time: 26 minutes We all live in an unpredictable world. The BCM program contains three distinct implementation phases; its activities are outlined in the table below.
Last Updated on June 4, 2020 by Alex Jankovic. Section 4 - Business ImpactAnalysis. 4 – Business ImpactAnalysis. 4 – Business ImpactAnalysis. 4 – Business ImpactAnalysis. 4 – Business ImpactAnalysis. Reading Time: 26 minutes. ARTICLE SECTIONS.
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