Business Continuity NewsBriefs
March 13, 2013
These NewsBriefs are produced and delivered weekly by Attainium to keep our friends and clients
current on topics relating to Business Continuity, Disaster Recovery and Crisis Management.
Risk and Business Continuity Planning
The theme for Business Continuity Awareness Week (BCAW) 2013 (March 18-22) is "Business Continuity for the risks you can see and the ones you can't." As we've mentioned many times, risk awareness and risk management are key components of any business continuity (BC) plan; business continuity helps you address the visible and invisible risks. So, in honor of BCAW, this week's articles focus on risk.
1. Business Continuity Awareness Week
Business Continuity Awareness Week is an annual global event that is facilitated by the BCI. Its purpose is to provide a vehicle to raise the awareness of and to showcase the value of BC as an integrated part of an organization's strategy. This web page links to many resources for business continuity.
2. Business Continuity Risk Management Guide
To be successful, your organization's business continuity plan must be an integral part of your strategic operating plan. It must become a philosophy, a culture, a mindset and a way of life. A predefined continuity plan hastens recovery with solutions that are carefully thought out beforehand, thereby eliminating hasty decisions made under stressful conditions. By providing a more rational, fact-based procedure for decision making, planning allows the opportunity to minimize risk and uncertainty.
3. Business Continuity Risk Assessment
One way to make sure your business continues operating is to create a business continuity plan. However, a viable business continuity plan has to incorporate risk assessments to remain viable. Taking the time to go over each category and its potential risks will not only help you create a better business continuity plan, but it will also ensure that your business can keep running post-disaster.
4. Seven Risk Management Priorities For 2013
CISOs and risk management pros will be tasked with sheltering their organizations from a highly dynamic threat environment through a renewed sense of discipline as regulators, executives, and shareholders increasingly turn the microscope on their IT security practices. In order to improve and coalesce security practices, it'll take work to line them up with maturing risk management philosophies. According to risk management experts, consultants, and practitioners, enterprises are likely to turn to the following risk management priorities in 2013 to achieve their security objectives.
5. Examples of Business Continuity Risks
Your plan should consider the risks to your business, documenting alternative arrangements and workarounds so all your key services can continue such prolonged power failure, lack of access to office buildings, loss of key staff through accident or illness etc.
6. Role of Risk Managers and Continuity Planning
Business continuity planning has become a critical component to companies with respect to risk management. Over the past few years, risk managers have changed how they view risk from looking at it from a silo perspective to an enterprise wide perspective. They have determined that a cohesive corporate risk management strategy is imperative in today's world.
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Quote of the Week:"Living at risk is jumping off the cliff and building your wings on the way down."-- Ray Bradbury
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