Why Is A Business Continuity Plan Important

Also, digital transformation and hyper-convergence creates unintended gateways to risks, vulnerabilities, attacks and failures.Business continuity plans are having to include a cyber resilience strategy that can help a business withstand disruptive cyber incidents.

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The 1980s saw the growth of commercial recovery sites offering computer services on a shared basis, but the emphasis was still only on IT recovery.

The 1990s brought a sharp increase in corporate globalization and the pervasiveness of data access.

At the same time, business continuity planning was becoming more complex because it had to consider application architectures such as distributed applications, distributed processing, distributed data and hybrid computing environments.

Organizations today are increasingly aware of their vulnerability to cyber attacks that can cripple a business or permanently destroy its IT systems.

On August 20, 2018, Southwest Wisconsin was swamped with such record setting rainfall that a state of emergency was declared.[i] It impacted our affiliated team’s office as well as their design and fabrication site.

When we think about preparing for disaster, we think about the project site.The complex IT infrastructure of most installations has exceeded the ability of most shops to respond in the way they did just a few years ago.Research studies have shown that without proper planning, businesses that somehow recovered from an immediate disaster event frequently didn’t survive in the medium term. It’s important to have a business continuity plan in place to identify and address resiliency synchronization between business processes, applications and IT infrastructure.Plans may provide detailed strategies on how business operations can be maintained for both short-term and long-term outages.A key component of a business continuity plan (BCP) is a disaster recovery plan that contains strategies for handling IT disruptions to networks, servers, personal computers and mobile devices.The plans typically include ways to defend against those risks, protect critical applications and data and recover from breach or failure in a controlled, measurable way.There’s also the issue of exponentially increasing data volumes.The plan should cover how to reestablish office productivity and enterprise software so that key business needs can be met.Manual workarounds should be outlined in the plan, so operations can continue until computer systems can be restored.We have all seen the devastation caused by recent hurricanes and wild fires along our coasts.Depending on your location, you might be lulled into thinking that type of disaster “doesn’t happen here.” However, no matter where you are located, your business is not safe.

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