Business Continuity is the act of keeping business operations running during an unplanned incident. Disruption to business operations can happen through cyber-attacks, natural causes or user errors which can cost business millions of dollars in revenue. In order to minimize downtime and to ensure business operations continue when an unplanned incident or event happens, a proper Business Continuity Plan (BCP) must be in place.
Business Continuity Planning is the process of creating an action plan to minimise business disruption in case of an unplanned event and to respond quickly and effectively.
There are four components of Business Continuity Planning
1. Scope determination
2. Business Impact Analysis
3. Business Continuity plan
If disaster strikes, can your business operation still continue? Do you have a business continuity plan in place?
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