BMC

NOVEMBER 11, 2024

In the wake of the recent unforeseen global pandemic, many organizations are thinking about what they have done, what they should have done, and what they need to do in the future in order to maintain normal business operations during times of disaster. Yes, that is right. So, why do most not have continuity or resilience on their radar?

BCM 95

BCM Business Continuity Management Impact Analysis 95

IT Governance BC

FEBRUARY 12, 2019

Although share prices showed signs of recovery within a couple of days, more than £1 billion was wiped off the stock market value of the firm, as investors worried that retailers may be less keen to buy into the automated warehouse technology having seen that there is a potential vulnerability.*. Business continuity management.

Disaster Recovery 77

Disaster Recovery BCM Retail Business Continuity 77

MHA Consulting

JUNE 8, 2023

Most of these have had demonstrable impacts on the practice of business continuity management (BCM), rendering some traditional practices obsolete and ushering in new concerns and techniques. It’s interesting to look at BCM practices that have fallen into disuse or are no longer regarded as beneficial or sufficient.

BCM 98

BCM Business Continuity Disaster Recovery Internet 98

MHA Consulting

SEPTEMBER 28, 2023

Related on MHA Consulting: The Write Stuff: How to Create and Maintain Business Continuity Documentation Five Ways BC Documentation Can Go Wrong An organization can reap myriad benefits by documenting its business continuity or IT disaster recovery (IT/DR) program in the form of written recovery plans.

BCM 105

BCM Business Continuity Outage Business Recovery 105

MHA Consulting

FEBRUARY 2, 2023

Follow these seven steps to implement a BC strategy that can help you swiftly recover your business processes in the event of an outage. Related on MHA Consulting: BCM Basics: Modern IT/DR Strategies The Benefits of a Sound Business Continuity Strategy A solid BC strategy is a fundamental component of a functional BC program.

Business Continuity 98

Business Continuity BCM Disaster Recovery Outage 98

MHA Consulting

SEPTEMBER 14, 2023

In today’s post we’ll look at why organizations still need to be adept at IT disaster recovery (IT/DR) and describe the four phases of restoring IT services after an outage. Phase 1: Preparation Technically, preparation is not a phase of disaster recovery since it happens before the outage.

Disaster Recovery 52

Disaster Recovery Alternate Site Outage Capacity 52

MHA Consulting

MARCH 23, 2023

FFIEC is, of course, one of many standards that organizations can adopt and seek to come into alignment with to strengthen their BCM programs. For this reason, it is often referred to as the Gold Standard of BCM standards. The Gold Standard FFIEC is the most aggressive standard in the U.S. marketplace.

BCM 95

BCM Impact Analysis Business Continuity Banking 95

MHA Consulting

DECEMBER 15, 2022

Read on to learn about the BCM year in review. It’s the best way to get a handle on the organization, its culture, what their most important business processes are, the threats they face, and the current state of their BCM program. There’s a lot to be said for ruthless efficiency when it comes to BCM. A new focus on efficiency.

BCM 52

BCM Business Continuity Disaster Recovery Outage 52

MHA Consulting

NOVEMBER 30, 2023

Related on MHA Consulting: Be a Hard Target: Train Your Employees in Security Awareness A Uniquely Vulnerable Time In the context of business continuity, the recovery period is a vulnerable one for any organization. Outages can also impact remote workers, so there will likely be recovery measures pertaining to those workers.

Security 103

Security Outage Vulnerability Cybersecurity 103

MHA Consulting

MARCH 9, 2023

Related on MHA Consulting: Top 10 Resources to Help You Become a BCM Ninja Why the BIA Is Important The business impact analysis or BIA is one of the topics Richard Long and I write about the most here on “Roadmap to Resiliency.” In today’s post, we list, link to, and describe MHA’s best BIA resources.

Impact Analysis 98

Impact Analysis BCM Consulting Business Continuity 98

MHA Consulting

MARCH 2, 2023

An organization that can undergo an outage of five days at no great cost is justified in having a high risk tolerance. An organization that would suffer a large impact as the result of an outage of two hours should be willing to tolerate very little risk. Where risk tolerance is high, controls can be relaxed.

Mitigation 95

Mitigation BCM Acceptable Risk Risk Management 95

MHA Consulting

JUNE 22, 2023

Sorting out such problems can take hours if not days, an expensive proposition if the issue is prolonging an outage. This can be crippling during an outage. We frequently see organizations suffer unneeded impact from outages because their staff have not been trained and prepared to implement the designated response procedures.

Vulnerability 98

Vulnerability BCM Capacity Outage 98

MHA Consulting

DECEMBER 8, 2022

Related on BCMMETRICS: Don’t Give Up the Ship: Demonstrating the Benefits of Rigorous Crisis Management Training Benefits That Go Beyond BC The main purpose of a business continuity management (BCM) program is to help an organization get through disruptions with the least possible impact to its operations, reputation, stakeholders, and bottom line.

BCM 52

BCM Impact Analysis Outage Disaster Recovery 52

MHA Consulting

JUNE 1, 2023

The threat of utility or network outages. Threats posed by cyberattacks: ransomware, data theft, and the rest. Threats affecting access to one’s facilities caused by road construction, accident, or political unrest.

All-Hazards 98

All-Hazards Hazard Business Continuity Mitigation 98

MHA Consulting

FEBRUARY 23, 2023

Here are some examples of vulnerabilities that can exist at facilities even after risk mitigation controls have been implemented: The backup power source can provide only a fraction of the power needed to keep critical operations running in the event of an outage.

Mitigation 97

Mitigation Authorization Risk Management Risk Reduction 97

IT Governance BC

JULY 30, 2024

Mitigating supply chain risk After widespread coverage, the CrowdStrike outage from 19 July 2024 hardly needs an introduction. The outage was caused by a bad security update rolled out by CrowdStrike. Without question, this is one of the most expensive IT outages to date, with significant global impact. million Windows devices.

Business Continuity 91

Business Continuity Insurance Insurance Outage 91

MHA Consulting

NOVEMBER 3, 2022

Related on BCMMETRICS: When the Going Gets Tough, the Tough Get Resilient An Eye-Opening Exercise Earlier this week I did a two-hour mock disaster exercise with a healthcare client. The scenario was, “A regional internet outage has occurred; you have no internet access to the outside world. I wish them the best.

Outage 52

Outage BCM Internet Healthcare 52

SRM

MARCH 25, 2020

Examining the key business processes that exist within an organisation and the impact of IT downtime on that business (outage impact), the BIA looks at the key assets in terms of recovery point objectives (RPOs) and recovery time objectives (RTOs). Business Continuity Management (BCM). Disaster Recovery (DR).

Continuity Planning 52

Continuity Planning Business Continuity BCP BCM 52

MHA Consulting

APRIL 20, 2023

Over time, we see risks go down, the number of outages decrease, and insurance and other costs decrease. BC departments that “speak risk” tend to get more of a hearing, more traction, and more resources. Second, using the risk maturity model pays. I’ve seen it here at MHA and over and over again at our clients.

Resilience 52

Resilience Risk Management Mitigation BCM 52

MHA Consulting

APRIL 20, 2023

Over time, we see risks go down, the number of outages decrease, and insurance and other costs decrease. BC departments that “speak risk” tend to get more of a hearing, more traction, and more resources. Second, using the risk maturity model pays. I’ve seen it here at MHA and over and over again at our clients.

Resilience 52

Resilience Risk Management Mitigation BCM 52

Erwood Group

JANUARY 28, 2024

Section 1: The Scope of Business Continuity Myth 1: Business Continuity is Only About IT Disaster Recovery or DR. Contrary to popular belief, business continuity extends far beyond IT recovery. You can also seek out new clients that require vendors or suppliers to have business continuity and disaster recovery plans in place.

Business Continuity 52

Business Continuity Disaster Recovery Continuity Planning Crisis Management 52

MHA Consulting

MARCH 21, 2024

However, BC practitioners have a critical role to play in ensuring their organizations are prepared to respond to data breaches and to extended system outages. In this context, perhaps the most important thing BC offices can focus on is ensuring their organizations develop robust manual workarounds for their critical patient-care activities.

Healthcare 52

Healthcare Hospitality Resilience BCM 52

Stratogrid Advisory

JUNE 3, 2020

Once implemented, a Business Continuity Management (BCM) Program will support your organization's value statement and its mission. The implementation of a Business Continuity Management (BCM) Program can be a complicated and lengthy process, which directly depends on the organization's size and complexity.

Business Continuity 52

Business Continuity BCM Impact Analysis BCP 52

Stratogrid Advisory

JUNE 3, 2020

Once implemented, a Business Continuity Management (BCM) Program will support your organization's value statement and its mission. Section 2 - Business Continuity Management (BCM) Program Implementation. Section 7 - IT Disaster Recovery Plan. Section 9 - BCM Program Maintenance. 9 – BCM Program Maintenance.

Business Continuity 52

Business Continuity BCM Impact Analysis BCP 52