Operational Resilience to Combat the New Systemic Risk
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A Business Continuity Plan (BCP) is a detailed document that outlines how an organization will continue to operate through an unplanned disruption in service. The BCP is not just a regulatory requirement within many industries, but should be considered as a guide to reduce the time it takes for operations to return to normal. It plays a critical role in an organization’s Operational Resilience.
Inability to react swiftly to sudden disruption such as a cyberattack could result in a loss of revenue, impacted data integrity, reputational damage, litigation, and potential punitive action from regulatory bodies.
The list of items that should be contained within a BCP include, but are not limited to, the following:
Businesses must shift their thinking to future-proof their organization. Threats to the business can come from a variety of sources, and may not even be the result of a direct attack. Hybrid and multi-cloud infrastructure can help increase resilience by introducing agility, flexibility and choice to critical infrastructure decisions.