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In March 2021, The Bank of England, the Prudential Regulation Authority (PRA), and the Financial Conduct Authority (FCA) published policy documents about operational resilience. This needs to be followed as soon as possible after 31st March 2022, and no later than 31st March 2025, by a roll-out of operational resilience capabilities.
According to ISO 22300:2021 , a Recovery Time Objective (RTO) is the “period of time following an incident within which a product or service or an activity is resumed, or resources are recovered.”. This blog will define RTOs and RPOs with a closer look at how these terms are used in business continuity and IT disaster recovery programs.
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