Business continuity management is a branch of management that seeks to ensure that companies can continue to operate smoothly even when they experience disasters. What exactly does this mean? For starters, business continuity management takes into consideration any aspect of a company’s operations that can be affected due to a catastrophe. This includes but is not limited to, finances, customer service, production, marketing, etc. The aim of this approach is to ensure that business owners and managers are able to effectively deal with situations that might otherwise lead their businesses into chaos.
There are several types of business continuity management. The key feature is the use of a cloud-based service that supports the business continuity management process. A cloud-based service handles all the necessary functions for recovery and ensures continuity even during a disaster. The key advantage of using a cloud-based service is that it allows a business continuity manager to easily define and set up a business continuity management plan (also referred to as a Business Continuity Management Plan). The services include planning, building, deploying, maintaining, upgrading, and more.
One type of business continuity management is risk management. In the event that a cyber attack or another outage occurs, the disaster recovery plan for the company will contain steps to mitigate the potential damage done by these attacks. For instance, if a cyber attack occurs that affects the network of a major company, the business continuity management team will devise a strategy based on the severity of the attack, and the possible impact on the company’s business, as well as the amount of time it will take to recover from the incident.
Another important feature of a business continuity management plan is resiliency. Resiliency is a term that describes the ability of a system to withstand a number of different attacks over a period of time without being compromised. A resiliency test is designed to evaluate a company’s ability to withstand a variety of attacks, ranging from natural to man-made events. One of the main objectives of a resiliency test is to determine the level of resiliency a company has against a variety of different attacks. By testing a business continuity plan and its various components, a business can ensure that its various business processes are able to perform flawlessly under all circumstances.
It is important to note that resilience and resiliency are two separate issues. While resilience addresses how a system stays operational in the face of an incident, resiliency focuses on how a system remains functional long after the incident has ended. For example, one of the main goals of business continuity management is to make sure that a company’s databases, networks, infrastructure, and other systems are able to continue to operate efficiently even during a major catastrophe. Many companies also take advantage of disaster recovery software and service to help them better recover from these types of incidents. Although both are important elements of business continuity planning, it should be noted that there are some inherent differences between these two terms.
In order for a business continuity management plan to meet the UK standards for information security, it must first be certified by one of the three bodies that make up the Information Security Council (ISC). The three bodies are the Computer Security Agency (CSA) and the National Security Agency (NSA). Before a business continuity management plan is certified by an IOA, it must undergo a series of audits and assessments to make sure that its systems and procedures are effective and comply with the standards set by the IOA. Once certified, a business continuity management plan can be implemented to provide businesses the peace of mind that comes with knowing that their information systems and networks will remain operational and secure.