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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. BIA - the letter "A" stands for analysis. Business ImpactAnalysis. Copyright 2020 StratoGrid Inc.
READ TIME: 5 MIN April 21, 2020 Economic ImpactAnalysis – The Technology Variable COVID-19 has brought forth many challenges to individuals, companies, and economies. It is no question that there have been negative impacts on companies and industries throughout the world. What is an Economic ImpactAnalysis (EIA)?
BCM Trends for 2020! Last Updated on May 31, 2020 by Alex Jankovic. Readers Note: This article was originally published in December of 2019 and before unprecedented COVID-19 Pandemic of 2020. There are ten predictions in the report, but this article will explore 5 with the highest impacts. Reading Time: 4 minutes.
Last Updated on May 31, 2020 by Alex Jankovic Reading Time: 3 minutes Should your organization execute a Risk Assessment? However, each organization will have slightly different impacts from the same risks and chances are, the probabilities of those risks will also differ. Copyright 2020 StratoGrid Inc.
Last Updated on May 31, 2020 by Alex Jankovic. However, each organization will have slightly different impacts from the same risks and chances are, the probabilities of those risks will also differ. Business ImpactAnalysis. Copyright 2020 StratoGrid Inc. Risk Assessment – Is it worth the time and effort?
Since the beginning of 2020 – and since the launch of our company in 2006 – LogicManager has been working with our clients to help them pivot and prepare. In 2020, we wrote about helping this bank channel chaos into creativity during the early days of the pandemic when there was an influx of PPP loan requests (check out the full story here ).
But, as we’ve seen with an increase in cyber events, specifically the increased number of ransomware attacks and phishing schemes since the start of the coronavirus outbreak back in 2020, we’re learning that even effective cybersecurity programs can’t stop all attacks. In 2020, more than half of respondents said they’d been hit by ransomware.
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. 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. regulation, best industry practices, most recent Business ImpactAnalysis , etc.). 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.
Last Updated on May 31, 2020 by Alex Jankovic Reading Time: 3 minutes When asked about their organization’s IT Disaster Recovery (ITDR) plans, some will smile and say, “Yes, we have a backup and it is fully outsourced.” Copyright 2020 StratoGrid Inc. IT Disaster Recovery Planning – “No worries, we have a backup?!”
Last Updated on May 31, 2020 by Alex Jankovic. ITDR Planning depends on Business ImpactAnalysis (BIA) and Risk Assessments. Business ImpactAnalysis. Copyright 2020 StratoGrid Inc. IT Disaster Recovery Planning – “No worries, we have a backup?!”. Reading Time: 3 minutes. Business Continuity Management.
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. Copyright 2020 StratoGrid Inc. Why is so "darn" hard to engage IT Organization in Business Continuity efforts???
Last Updated on June 15, 2020 by Alex Jankovic. It has a few components that are directly dependent and connected to IT, but the rest of the processes, such as Business ImpactAnalysis or Risk Analysis, are seen by IT as business processes. Business ImpactAnalysis. Copyright 2020 StratoGrid Inc.
Last Updated on May 31, 2020 by Alex Jankovic Reading Time: 4 minutes Organizational culture is an often-overlooked factor in the long-term viability of Business Continuity Management (BCM) Programs. Copyright 2020 StratoGrid Inc. Privacy Policy 613.518.2440 Linkedin
Last Updated on May 31, 2020 by Alex Jankovic. Many organizations understand the importance of Business Continuity Planning processes, such as Risks Assessment or a Business ImpactAnalysis (BIA). Business ImpactAnalysis. Copyright 2020 StratoGrid Inc. Reading Time: 4 minutes. 22 Articles. 6 Articles.
Last Updated on May 31, 2020 by Alex Jankovic. Business ImpactAnalysis. Copyright 2020 StratoGrid Inc. BCM Program Governance is a key for it's success. Reading Time: 3 minutes. Business Continuity Management. 18 Articles. BCM as a Service. 6 Articles. Business Continuity Planning. 16 Articles. Risk Assessment.
Last Updated on May 31, 2020 by Alex Jankovic. Is it aligned with your business continuity requirements ( Business ImpactAnalysis - BIA anyone)? Business ImpactAnalysis. Copyright 2020 StratoGrid Inc. Top reasons why Business Continuity Planning is ignored! Reading Time: 4 minutes. We all know this.
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. Business ImpactAnalysis. Copyright 2020 StratoGrid Inc. Business Continuity Planning for Small and Medium-Sized Organizations. Reading Time: 4 minutes. Readers note: Please check our recently published high-level Business Continuity Planning guide. . 22 Articles. 6 Articles.
READ TIME: 3 MIN April 28, 2020 Tips to be Successful While Working from Home Working from home was once a desired work environment for many people. It has now become a necessary work environment due to limitations and precautions on many county, state and federal levels. Respond in LinkedIn with your questions!
Traditionally, organizations start with the development of BCM Program policy and execution of a risk assessment and a business impactanalysis (BIA). business impactanalysis). Business ImpactAnalysis. Copyright 2020 StratoGrid Inc. How to implement a BCM Program in your organization? 22 Articles.
After a pandemic year like 2020—and 2021—executives get the importance of business continuity planning. The situation was the same in 2005 after Hurricane Katrina. And in 2012, after Hurricane Sandy. And after mass shooting incidents. Management has a heightened sense of why business continuity is necessary. Then, the memories fade.
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.
Of course, the coronavirus pandemic of 2020 has changed much of what we thought we knew about operational resilience at all levels of our organisations, but it’s more than that. If I were writing this blog a few years ago, it would likely be much different than the one I’m writing today. Offer employee incentives where possible.
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. 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. If you’re concerned about the impact and fallout of the collapse of Silicon Valley Bank and how that could impact your business schedule a call with us to complete a Financial ImpactAnalysis.
While third-party risks have always existed, it became a harsh reality for many organizations when, in 2020, hackers targeted SolarWinds, an information technology company. Conduct a vendor risk assessment and business impactanalysis. Headline-making Breaches. Here are a few suggestions: 1.
Case in point: More than 37 billion records were exposed through cyber breaches in 2020. Ransomware continues to be a growing focus for attackers and in 2020, there was a 100% increase in ransomware attacks compared to the previous year. Impactanalysis. It can also help you identify your critical assets and functions.
All of these threats are even more relevant as we now face attacks from nation-states in the region, which have immense operational capacity, as we have observed in several incidents reported throughout 2020. How are you managing the uptick in attacks on the supply chain? sectores.
Why the Business ImpactAnalysis is Challenging for an Organization with Constant Changes Last Updated on May 31, 2020 by Alex Jankovic Reading Time: 3 minutes In a Business Continuity Management (BCM) Program , there are specific professional practices that must be adhered to. Copyright 2020 StratoGrid Inc.
Why the Business ImpactAnalysis is Challenging for an Organization with Constant Changes. Last Updated on May 31, 2020 by Alex Jankovic. Assess the resources required to support the business impactanalysis process. It all starts with a Business ImpactAnalysis. Business ImpactAnalysis.
Providing the technology and services needed to continue operations from a remote position gives many businesses during the recent 2019-2020 pandemic the upper hand in survival. Budget Set aside a substantial amount in order to deploy operations covering the key mission-critical processes that were identified by the impactanalysis.
Providing the technology and services needed to continue operations from a remote position gives many businesses during the recent 2019-2020 pandemic the upper hand in survival. Budget Set aside a substantial amount in order to deploy operations covering the key mission-critical processes that were identified by the impactanalysis.
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! Privacy Policy 613.518.2440 Linkedin
Last Updated on May 31, 2020 by Alex Jankovic. Business ImpactAnalysis. Copyright 2020 StratoGrid Inc. Is Business Continuity Planning Dead? Not really! Reading Time: 3 minutes. The death of the business continuity planning and profession has been predicted quite a few times over the last decade. 22 Articles. 6 Articles.
One recent report highlights how attackers are shifting focus to target products and services for daily life, like the Colonial Pipeline and JBS attacks, citing a 102% increase so far this year in ransomware attacks compared to the same time period in 2020. This is where a business impactanalysis (BIA) and risk assessments can help.
The only other time there were more than 20 was… the year before, 2020, with 22 such costly weather disasters. When your chief resilience officer or director of BC/DR begins their work, it should be to research and complete a business impactanalysis (BIA). It’s the costliest weather disaster in US history, resulting in $182.5
I understand SEPA (Scottish Environment Protection Agency), after their cyber attack in 2020, had to create their entire financial records from bank statements. When we carry out business impactanalysis for clients, we capture the RTO (Recovery Time Objectives) and RPO (Recovery Point Objectives) for activities the organisation carries out.
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. We are faced with many risks that can disrupt our livelihood and can jeopardize our existence.
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. 4 – Business ImpactAnalysis.
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