Why Business Continuity Planning is so important?

Posted by Roland DuBeau on Fri, Aug 11, 2017 @ 12:39pm

A business continuity plan should be a common sense document that addresses the specific circumstances and needs of your business. It provides practical strategies to follow in a crisis, eg fire, flood, storm, explosion, adverse market or financial circumstances, computer viruses or power outages.

A good business continuity plan will give you a better understanding of how your business works, the risks it faces and the things that need to be done to ensure you recover from an incident.

What are the essentials of a business continuity plan?

A business continuity plan should be tailored to fit an individual business, but a typical plan will include:

  • A list of essential business requirements identifying risks and assessing the impact they would have on your business, and
  • A strategy to respond to, manage, and recover from an incident.

The plan needs to be regularly tested, reviewed and updated to make sure it remains relevant and useful.

Why is business continuity planning so important?

The current security environment makes business continuity planning important. In addition to natural disasters, fire, flood or malicious criminal activity, terrorism is also a threat.

Your business needs to be protected. It is critical that we are prepared and have good business continuity plans in place. Every business should know how they will manage an emergency situation. Planning is best done before an event, not in the middle of it. Time spent planning is never wasted. How quickly your company gets back to business after an emergency often depends on the planning you do now.

Share This

Related Posts

09/18/2018
Database management is a costly and challenging endeavor. It requires a lot of care and vigilance by qualified technicians. Databases are prone to cyber attacks, human errors, hardware breakdowns, and power outages.
02/19/2019
Disaster Recovery and Business Continuity (or DRBC) is a key component of the operational infrastructure of any business. Yet many companies donโ€™t think about it until an unexpected calamity arises.
11/17/2017
Ransomware is a very sinister computer virus. Many people have fallen victim to ransomware, and have been forced to pay large sums to regain control of their technology systems and data assets.