What is Business Continuity?
Business Continuity (BC) is the capability of an organization to continue delivering products or services at acceptable levels following a disruptive incident. It involves planning, preparation, and processes to ensure resilience.
Key Components
Business Continuity Plan (BCP)
- Recovery procedures
- Contact lists
- Resource requirements
Disaster Recovery (DR)
- IT system recovery
- Data restoration
- Infrastructure failover
Crisis Management
- Communication plans
- Decision making
- Stakeholder management
Business Impact Analysis
RTO (Recovery Time Objective) Maximum acceptable downtime.
RPO (Recovery Point Objective) Maximum acceptable data loss.
MTPD (Maximum Tolerable Period of Disruption) Longest survivable outage.
Planning Steps
-
Risk Assessment
- Identify threats
- Assess vulnerabilities
-
Business Impact Analysis
- Critical processes
- Dependencies
- Recovery priorities
-
Strategy Development
- Recovery options
- Resource allocation
-
Plan Development
- Procedures
- Responsibilities
-
Testing
- Exercises
- Simulations
Compliance Requirements
- SOC 2 (Availability)
- ISO 22301
- Industry regulations
- Contract requirements