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That is actually why it is crucial to possess a BusinessContinuity Plan (BCP). An appropriate BusinessContinuity Plan template can help firms —tiny businesses—become more sustainable in the long run. What Is a BusinessContinuity Plan (BCP) Template?
This post is part of BCM Basics, a series of occasional, entry-level blogs on some of the key concepts in businesscontinuity management. For businesscontinuity newcomers, few topics are as confusing as the difference between businesscontinuity and IT disaster recovery. Let’s go over them.
Having quality documentation is an important part of a sound businesscontinuity management program, but it’s not the most important part. Recovering from a cyber incident such as a ransomware attack will require recovery of data and/or data processing equipment and devices. But quality documentation is a close second.
Instead, they should be developed in coordination with the cybersecurity department to ensure that recovery measures do not inadvertently create vulnerabilities that can be exploited by hackers. The best way to do this is by making sure businesscontinuity is integrated into a robust information security governance framework.
Far from relieving organizations of the responsibility of recovering their IT systems, today’s cloud-based and hybrid environments make it more important than ever that companies know how to bring their systems back up in the event of an outage. Moreover, cloud-services providers are themselves susceptible to outages and failed recoveries.
Reducing risk is at the heart of everything we do as businesscontinuity professionals. Residual Risk There are two main kinds of risk when it comes to organizational activities and businesscontinuity: inherent risk and residual risk. Inherent risk is the danger intrinsic to any business activity or operation.
Most organizations recognize the importance of having a sound businesscontinuityrecovery plan, but many plans are undermined by the presence of overlooked weaknesses. When companies don’t do a risk assessment to determine their most likely and impactful risks, they don’t really know what their recovery plan needs to do.
In terms of bang for the buck, not all businesscontinuity activities are created equal. Similarly, in businesscontinuity, there’s a big difference between having a planned manual workaround and being able to execute on the workaround under pressure. Unprecedented outages occur all the time.
In the first bulletin of his new ‘BusinessContinuity 2025’ series, Charlie discusses what incidents might look like in 2025. I intend to write a series of bulletins over the next few months where I imagine what businesscontinuity might look like in 2025.
In the first bulletin of his new ‘BusinessContinuity 2025’ series, Charlie discusses what incidents might look like in 2025. I intend to write a series of bulletins over the next few months where I imagine what businesscontinuity might look like in 2025.
Knowing what roles should be represented on the businesscontinuity management (BCM) team and what kind of people should fill them is an overlooked key to success in making organizations resilient. BusinessContinuity Manager: The individual with direct responsibility for the businesscontinuity program.
Read on for a list of a dozen businesscontinuity practices that have fallen into disuse or are no longer recommended. Related on MHA Consulting: All About BIAs: A Guide to MHA Consulting’s Best BIA Resources The past twenty-five years have seen a lot of changes in the world especially as pertains to business.
Employers lacking guidelines on how to deal with paying for employees during an extended outage; how long should the company be obligated to pay them for until business operations are restored? Employees ill prepared to deal with a disaster at home; if employees and their families aren’t safe they are not coming to work.
Employers lacking guidelines on how to deal with paying for employees during an extended outage; how long should the company be obligated to pay them for until business operations are restored? Employees ill prepared to deal with a disaster at home; if employees and their families aren’t safe they are not coming to work.
BusinessContinuity 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 recognize that many businesscontinuity planning terms and industry-leading methodologies can be foreign to your organization.
BusinessContinuity Planning Guide for Smaller Organizations. We recognize that many businesscontinuity planning terms and industry-leading methodologies can be foreign to your organization. It can be overwhelming if your organization has never implemented a robust businesscontinuity program.
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