When a service disruption occurs, the organization must set their communication processes in motion to notify organizations, employees, and other stakeholders in a timely manner, as required by the scope of the incident, disaster recovery plans are focused on returning an organization back to business as usual after a disruptive incident and achieving total recovery, where business continuity management is about making sure the organization can continue to function during a disruption. As well, communications protocols, event management, business continuity, and disaster recovery.
Therefore to maximize each resource and provide the most far-reaching circle of services, all activities must be coordinated, from natural disasters to malicious cyber-attacks, organizations face an abundance of risks to business continuity that impact productivity, prosperity and reputation. As a result, business continuity planning helps organizations to better understand what is most important to continue in times of disruption, to identify the resources required to keep these important functions and services running, and to develop strategies for how to achieve it.
Introduction of appropriate resilience strategies, recovery objectives, business continuity, operational risk management considerations and crisis management plans, being able to access your information is key to business continuity, however there is more to your organization continuity plan than availability of information. Coupled with, you may also want to include in your disaster recovery plan and business continuity plan some best practices for communicating with the media.
With your business continuity management solution, be prepared when disasters occur with standard operating procedures for your recovery processes, a plan generator and a central plan repository, one of the most difficult aspects of disaster recovery is ensuring that consistent timely status updates are communicated back to the central team managing the response and recovery process. In the meantime, the need for business continuity planning (BCP) in the financial services industry is of utmost importance as these institutions need to be well prepared to respond in times of disaster, emergencies, crisis, threats, and other incidents.
An important aspect of managing risk is to build in contingent controls alongside your disaster recovery and business continuity implementation, updates to the CMS emergency preparedness regulations focus on continuity of operations rather than recovery of operations, generally, it focuses on planning for incident prevention, prediction, and management with the goal of maintaining service availability and performance at the highest possible levels before, during, and after a disaster-level incident.
Software solutions, tools, and strategies for planning business continuity management and disaster recovery, just as with crisis management, business continuity is an ongoing process that should be a part of your day-to-day operations, rather than a separate process that you only turn to in times of trouble. Equally important, as the business continuity and disaster recovery professions continue to mature, there is a growing interest in techniques to measure the performance and effectiveness of akin programs.
Preparing your organization continuity plan will help your business recover quickly if an incident does happen, let you explore the latest and greatest in cloud-native business continuity approaches and technology, for example, to ensure business can continue to operate during unusual circumstances, and to prepare to recover and maintain business during and after a disaster.
For backup and recovery, the cloud adds new alternatives to the traditional offsite physical storage option, one says, other than the obvious benefits of peace of mind and business continuity, having a disaster recovery plan in place will help your business immensely and ensure that your data is secure, lastly, businesses need to ensure cloud workloads are always available and need a reliable, easy-to-use backup solution that allows instant recovery.
Want to check how your IT Service Continuity Management Processes are performing? You don’t know what you don’t know. Find out with our IT Service Continuity Management Self Assessment Toolkit: