MyInfoTechJournal: Never Let a Crisis Go to Waste: The Ultimate Business Continuity Plan (BCP) for Thriving in Any Situation (Part 2 of 3: REQUIREMENTS)
MyInfoTechJournal: Never Let a Crisis Go to Waste: The Ultimate Business Continuity Plan (BCP) for Thriving in Any Situation
(Part 2 of 3: REQUIREMENTS & TEMPLATE)
Requirements for a Business Continuity Plan (BCP):
- Business Impact Analysis (BIA)
Identify critical services, assets, and functions and the resources required to maintain or recover them.
- Risk Assessment
Identify potential threats and vulnerabilities that could disrupt operations and assess their likelihood and potential impact.
- Recovery Strategies
Outline recovery strategies to restore critical services and operations, including backup and recovery procedures, alternate site locations, and other contingency measures.
- Plan Activation
Specify how and when to activate the plan, including the criteria for declaring a disaster, roles and responsibilities of key personnel, and the process for communicating with stakeholders.
- Communication and Notification Procedures
Establish procedures for communicating with key personnel, stakeholders, and customers during a disruption.
- Testing and Maintenance Procedures
Establish procedures for testing and maintaining the plan to ensure it remains effective and up-to-date.
BCP TEMPLATE:
- Executive Summary
- Introduction and Purpose
- Business Impact Analysis
- Risk Assessment
- Recovery Strategies
- Plan Activation
- Communication and Notification Procedures
- Testing and Maintenance Procedures
- Appendices
Critical Areas to be Included:
- Essential services and operations
- Roles and responsibilities of key personnel
- Communication and notification procedures
- Recovery strategies
- Alternate site locations
- Backup and recovery procedures
- Testing and maintenance procedures
- Regulatory requirements
Critical Services, Reporting, and Escalation:
- Identify critical services that must be maintained or restored.
- Establish reporting procedures for notifying key personnel and stakeholders of a disruption.
- Establish escalation procedures for notifying senior management and other stakeholders.
- Develop contingency plans for ensuring critical services are restored in a timely manner.
Link with the Disaster Recovery Plan (DRP):
- Ensure that the BCP is closely linked with the DRP.
- Include roles and responsibilities for IT personnel in the BCP.
- Include IT recovery strategies in the BCP.
- Develop IT communication and notification procedures.
- Establish testing and maintenance procedures for IT systems.
BCP Ownership:
- The BCP should be owned by a senior executive who has the authority to implement the plan and ensure it remains effective.
- The BCP owner should have a clear understanding of the organization's critical services, risks, and recovery strategies.
- The BCP owner should ensure that key personnel are trained on their roles and responsibilities and that the plan is tested and maintained on a regular basis.
Business Continuity Strategies:
- Establish redundant systems and alternate site locations.
- Develop a crisis management team and crisis communication plan.
- Regularly backup critical data and have a data recovery plan in place.
- Implement cybersecurity measures to prevent cyber-attacks.
- Conduct regular testing and training to ensure preparedness.
- Establish partnerships with other businesses to share resources and support during a disruption.
Part 1 of 3: INTRODUCTION to BCP
Part 3 of 3: EXAMPLE of BCP Document
Disclaimer
This article is a result of my personal research and is not a substitute for legal advice. Please consult your Information Legal Team, Information Security Team, Data Privacy, Ethics & Compliance, or Regulatory Team for the interpretation of specific compliance requirements.
"The main objective of MyInfoTechJournal.com is to promote quality and compliance, share knowledge, experience, best practices, and to promote healthy discussion among practitioners… specifically in the world of Information Security, Data Privacy, SOX Compliance, CyberSecurity and similar regulations.” - MyInfoTechJournal.com
“If You have any questions, suggestions, or topics to discuss, please leave a comment below.” - MyInfoTechJournal.com
Comments
Post a Comment