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With such glaring figures, your business cannot afford to be casual about cybersecurity issues. Here are the lessons you can learn and the steps you can take towards improving the security of your systems. What happened at Colonial Pipeline was a ransomware infection of the company’s computers that control business operations.
Global economic recessions will significantly alter businessplans or cause failure. Planning for critical events is a vital part of being a successful business that takes care of its customers, employees, and partners. There have been five global recessions since 1960, three of which have been since 1990.
Enterprises are used to putting security cameras in their office building to catch the bad guys. Hornung, the founder of Xact IT Solutions, a cybersecurity firm gave some advice for business leaders and said, “… incident responseplanning is critical and should be part of every organization’s businessplan.
Business Impact Analysis. Business Continuity Strategies. Incident Response. Plan Development and Implementation. Business Continuity Plan Exercises, Assessment, and Maintenance. Due to this the private sector is literally all over the map on incident response. Risk Assessment. Crisis Communications.
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. This approach will introduce some formality around the process, ensure senior leadership buy-in, and secure budget to maintain the program.
Business Continuity should be one of the top priorities for all organization leaders, and responseplans should be implemented in organizations of all sizes. organizations should develop responseplans to deal with unexpected events related to: Natural disasters (hurricanes, earthquakes or freezing rain).
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