80% of businesses affected by a major incident close within a month.
90% of businesses that lose data from a disaster are forced to shut down within 2 years.
58% of UK organisations were disrupted by September 11th.Of those disrupted 12% were seriously affected.
1993 World Trade Center bombing, 150 companies went out of business (out of 350 affected).
In the case of fires, 44% of businesses fail to reopen and 33% of these failed to survive beyond 3 years.
- Various Sources
Project Initiation and Management
Establish the need for a Business Continuity Plan (BCP) including obtaining management support and organizing and managing the project to completion within agreed upon time and budget limits
Risk Evaluation and Control
Determine the events and environmental surroundings that can adversely affect the organization and its facilities with disruption as well as disaster, the damage such events can cause,and the controls needed to prevent or minimize the effects of potential loss. Provide cost-benefit analysis to justify investment in controls to mitigate risks.
Business Impact Analysis
Identify the impacts resulting from disruptions and disaster scenarios that can affect the organization and techniques that can be used to quantify and qualify such impacts. Establish critical functions, their recovery priorities, and inter-dependencies so that recovery time objective can be set.
Developing Business Continuity Strategies
Determine and guide the selection of alternative business recovery operating strategies for recovery of business and information technologies within the recovery time objective, while maintaining the organization's critical functions
Emergency Response and Operations
Develop and implementation procedures for response and stablizing the situation following an incident or event, including establishing and managing an Emergency Operations Center to be used as a command center during the emergency
Developing and Implementing Business Continuity Plans
Design, develop and implement the Business Continuity Plan that provides recovery within the recovery time objective.
Awareness and Training Programs
Prepare a program to create corporate awareness and enhance the skills required to develop, implement, maintain and execute the Business Continuity Plan
Maintaining and Exercising Business Continuity Plans
Pre-plan and coordinate plan exercises, and evaluate and document plan exercise results. Develop process to maintain the currency of continuity capabilities and the plan document in accordance with the organization's strategic direction. Verify that the Plan will prove effective by comparison with a suitable standard, and report results in a clear and concise manner.
Public Relations and Crisis Coordination
Develop, coordinate, evaluate and exercise plans to handle media during crisis situations. Develop, coordinate, evaluate, and exercise plans to communicate with and, as appropriate, provide trauma counseling for employees and their families, key customers, critical suppliers, owners/ stockholders, and corporate management during crisis. Ensure all stakeholders are kept informed on an as-needed basis.
Coordination with Public Authorities
Establish applicable procedures and policies for coordinating response, continuity and restoration activities with local authorities while ensuring compliance with applicable statutes or regulations.
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