BCP / Business Continuity Planning
Prime elements:
– Scope and Plan Initiation
– Business Impact Assessment
– Business Continuity Plan Development
– Plan Approval and Implementation
Scope and Plan Initiation: Marks the beginning of the BCP process It entails creating the scope for the plan.
Roles and Responsibilities
The BCP Commitee: Should be formed and given the responsibility to create, implement and test the plan. Is made up of representatives from senior management, all functional business units, information systems and security administrator.
Senior Management’s Role: Is ultimate responsible for all four phases of the plan.
BIA / Business Impact Assessment: Is a process used to help business units understand the impact of a disruptive event. The impact may be financial (quantitative) or operational (qualitative, such as the inability to respond to customer). A vulnerability assessment is often a part of the BIA process. It identifies the company’s critical systems needed for survival and estimates the outage time that can be tolerated by the company as a result of a disaster or disruption.