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A business continuity plan (BCP) is a strategic document that’s designed to ensure that essential business functions can continue during and after unplanned disruption such as a server/backup failure or a natural disaster like a fire or flood. The goal of business continuity planning is to maintain business operations, protect employees and assets, and minimise financial losses during times of crisis.
Many businesses outsource their IT business continuity plan to a managed service provider who can analyse their setup to a higher level, challenge existing processes as well as those that would be deployed in the event of an unforeseen circumstance, they also typically produce both the BCP and disaster recovery plan (DRP) in tandem.
By identifying and prioritising critical elements, you can create a proactive plan to maintain essential operations. For example, the challenge of restoring large data sets from backups highlights the importance of considering alternatives, such as failover to remote data centres.
A business continuity plan serves as a vital fallback addressing last-resort needs, from enlisting assistance from third-party vendors to securing emergency office space or remote backup servers in a fast time frame.
Various business continuity tools are available to support your business’ resilience efforts. Back-up solutions, including Backup as a Service (BaaS), Disaster Recovery as a Service (DRaaS) enable businesses to transition their computing processes to a cloud-based infrastructure on a subscription basis.
The first step in creating a BCP involves conducting a risk assessment to identify potential threats and vulnerabilities, such as natural disasters, cyber attacks, or equipment failures. This is followed by a business impact analysis (BIA) to evaluate the potential consequences of disruptions on critical business functions and resources.
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Based on the findings of the risk assessment and business impact assessment (BIA), one of our Cyber Security Consultants will help you to develop recovery strategies and procedures to restore critical business functions and minimise downtime. These strategies may include alternative work arrangements, backup systems, redundant infrastructure, as well as IT outsourcing.
A crisis communication plan is also developed to facilitate effective communication with employees, customers, suppliers, and other stakeholders during the unforeseen event. The Covid-19 pandemic was a prime example where untested business continuity plans had to be deployed overnight.
Testing business continuity plans is crucial as it validates their effectiveness and readiness in real-world scenarios. By simulating potential disruptions or crises, organisations can identify weaknesses, gaps, and areas for improvement in their plans.
Testing helps refine response procedures, assesses the functionality of recovery strategies, and ensures that personnel are adequately trained and prepared to execute their roles. Moreover, conducting regular tests fosters business resilience, enhances stakeholder confidence, and minimises the impact of disruptions on business operations.
Business continuity planning (BCP) and Disaster recovery planning (DRP) are closely related but serve different purposes within an business’ overall risk management strategy.
Business Continuity Planning (BCP):
Disaster Recovery Planning (DRP):
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