Does your business have a continuity plan? If you have answered yes, then ask yourself this. Do you believe your business continuity plan can successfully deal with emergencies or unexpected events? With cyber-attacks on the rise companies must ensure that they have set a plan in the event they fall victim to a cyber-attack. The International Organization for Standardization defined “business continuity” as the capability of an organization to continue the delivery of its products or services, at acceptable predefined levels, following a disruptive incident.
Business continuity management involves several key activities:
- Identification and analysis of key products and services of the business
- Identification and analysis of the most urgent activities and processes of the business
- Identification of , and their impacts to business operations
- Devising of plans and strategies for quick and effective recovery from any disruption, and the continuation of business operations
There are quite a few benefits of having a business continuity plan:
- Will boost employees moral and their loyalty to the company
- Avoid the loss of business revenue
- Improves the overall efficiency of the organization
- Minimizes the effect of a disruption to an organization
The components of a business continuity plan:
Your company should take the time to test their BCP to ensure there are no weaknesses. Remember how much a disaster can effect your company if you do not have the right plan set up.