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This post is part of BCM Basics, a series of occasional, entry-level blogs on some of the key concepts in business continuity management. For business continuity newcomers, few topics are as confusing as the difference between business continuity and IT disasterrecovery. Let’s go over them.
What is a BusinessImpactAnalysis (BIA)? The BusinessImpactAnalysis (BIA) is a cornerstone of the Business Continuity Management (BCM) Program. Availability of Standard Operating Procedures (SOPs) and manual workaround procedures for businesses processes. Business Continuity Management.
IT DisasterRecovery Planning – “No worries, we have a backup?!” Last Updated on May 31, 2020 by Alex Jankovic Reading Time: 3 minutes When asked about their organization’s IT DisasterRecovery (ITDR) plans, some will smile and say, “Yes, we have a backup and it is fully outsourced.”
IT DisasterRecovery Planning – “No worries, we have a backup?!”. When asked about their organization’s IT DisasterRecovery (ITDR) plans, some will smile and say, “Yes, we have a backup and it is fully outsourced.” ITDR Planning depends on BusinessImpactAnalysis (BIA) and Risk Assessments.
Business continuity (BC) and disasterrecovery (DR) are often used together and interchangeably. Continued smooth operation is a fairy tale in the business world. Put simply, BC is an organization’s hedge against disaster. Once can argue that both business continuity plans (BCP) and DR are reactive.
NOTE: DRII takes this definition from the Business Continuity Institute BCI and DisasterRecovery Journal DRJ. BusinessImpactAnalysis Key Findings. Critical Recovery Timelines. Recovery Team Activation. Business Continuity Plan Governance. BusinessImpact Assessment.
Is this because IT already completed some of the Business Continuity Planning activities by developing an IT DisasterRecovery Plan , and this is just repetitive? Is this disconnect result as IT sees a Business Continuity Planning as a business process, and not particularly an IT activity?
Is this because IT already completed some of the Business Continuity Planning activities by developing an IT DisasterRecovery Plan , and this is just repetitive? Is this disconnect result as IT sees a Business Continuity Planning as a business process, and not particularly an IT activity?
Traditionally, organizations conducted a BusinessImpactAnalysis every other year or even less frequently, but in today’s fast-moving world, that’s not sufficient. It leaves too much time for systems and applications to change, reducing the relevance of the BIA and the recovery plans based on it.
Risk assessment and businessimpactanalysis These processes entail identifying potential risks and assessing each risk’s impact on your business. Businessrecovery strategies Your BCP must include strategies and techniques to recover and restore critical business functions and processes affected by the disruption.
Depending on a risk’s impact and probability of occurring, different risk control measures can be taken. Accept the Risk : for rarely occurring, low-impact risks that are unlikely to jeopardize the business, it may be reasonable to accept the risk.
Depending on a risk’s impact and probability of occurring, different risk control measures can be taken. Accept the Risk : for rarely occurring, low-impact risks that are unlikely to jeopardize the business, it may be reasonable to accept the risk.
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