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A plan should also cover how and where to set up operations in an alternative location.Increasingly, organisations are putting in place formal disaster recovery (DR) processes as part of their business continuity plans.
Secondly, it means that your organisation is proactive.
When disaster strikes people will know what to do instead of trying to figure out things as they go along.
Who’s responsible – when disaster strikes, an organisation should have a list of personnel to contact and what they role in a continuity plan will be.
An organisation should also keep contact details of external services, such as police, fire, etc.
It significantly minimises disruption if teams are aware what steps they need to take to keep the business up and running.
A plan should provide a roadmap for employees so they know what to do when things go bad. Threat analysis – natural disasters, such as a flood can destroy IT infrastructure, while a cybersecurity hack can put your network offline but not affect personnel. It’s important to cover what to do for all major possible threats.
Businesses that don't have a business continuity plan are 32.3% likely to have a data breach at some point over the next two years, but this falls to 23.4% for businesses with a plan, according to the Ponemon Institute.
Finally, a business continuity plan can reduce the time it takes to identify and contain the data breach incident, especially if staff have a structured plan to follow.
A global study into DR processes in 2018 showed that 39% of companies had an automated DR process in place, up from just 16% in 2017.
Using automated processes like this to get your business up and running in the event of a breach is a good way to make significant cost savings.