article thumbnail

An Introduction to FFIEC: BCM’s Gold Standard

MHA Consulting

It has greater governance, risk assessment, business impact analysis, planning, testing, and maintenance requirements than any other standard. And its focus on continuous improvement helps ensure that organizations are always prepared to respond to disruptions and minimize their impact.

BCM 95
article thumbnail

Enterprise Resiliency: Navigating Through Disruptions

eBRP

Business Impact Analysis (BIA) BIA is a strategic tool that helps organizations understand the potential impact of disruptions on their operations. Testing, Validation, and Continuous Improvement Regular testing and validation of response Plans are imperative to ensure their effectiveness.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Top 5 Reasons People Love BIA On-Demand

MHA Consulting

Theron Long, BCMMETRICS TM operations leader, supports our clients’ use of BCMMETRICS TM and innovates to continuously improve the customers’ experience and the software’s capabilities. BIA On-Demand is the most popular tool in the BCMMETRICS TM suite , and no wonder.

article thumbnail

Understanding Recovery Time Objectives: A Key Component in Business Continuity

Erwood Group

Business Impact Analysis (BIA) RTO is a critical component of Business Impact Analysis (BIA). BIA involves assessing the potential impact of disruptions on various business functions. Continuous Improvement RTO is not a one-time set-and-forget metric.

article thumbnail

Data Privacy Officer Responsibilities

Solutions Review

Conducting Privacy Reviews and Impact Analysis: To ensure continuous improvement in data privacy practices, Data Privacy Officers conduct regular privacy reviews and impact analyses. They assess the effectiveness of implemented privacy measures, review data protection incidents, and identify areas for enhancement.

article thumbnail

More Than Meets the Eye: The Hidden Benefits of BC Planning 

MHA Consulting

We’ll look at examples pertaining to incident management, the business impact analysis (BIA), third-party vendors, risk assessments and exercises, and time and effort. Incident Management This first example holds true for several of our clients. It has to do with the activation and use of the incident management team.

BCM 52
article thumbnail

Business Continuity is NOT a Data Backup

Stratogrid Advisory

Organizational resilience is a discipline, and there is no single approach to improve it or enhance it. Many business management disciplines, including Business Continuity Management (BCM) and Operational Risk Management (ORM), contribute to continuous improvement and safeguards of the organization’s resources and strategic goals.