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How to create an effective business continuity plan

CIO Business Intelligence

A solid business continuity plan is one of those foundational elements. Every business should have the mindset that they will face a disaster, and every business needs a plan to address the different potential scenarios,” says Goh Ser Yoong, head of compliance at Advance.AI What is a business continuity plan?

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Strong Business Continuity Management Brings Resilience

CIO Business Intelligence

When astute executives, including CIOs, cheat disruption by focusing on business continuity management (BCM) programs that build resilience, the enterprise transformation can prosper. CIOs should apply a business lens that informs how the business could be impacted (operationally, financially, legally, etc.)

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FORRward: A Weekly Read For Tech And Marketing Execs

Forrester IT

Better Late Than Never: There’s Still Time To Improve Your Pandemic Plans Companies are showing renewed interest in business continuity and revising their pandemic plans in response to the coronavirus outbreak. And, a review of the risk sections of the annual reports for the Fortune 50 showed that about half […].

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What the Digital Operational Resilience Act means for you

CIO Business Intelligence

Introduced in 2020—and later enacted in 2022—DORA aims to establish a consistent and common level of digital operational resilience across financial services firms in—or doing business with—the EU. While it’s an EU policy with ramifications for EU businesses, the impact will undoubtedly affect businesses worldwide.

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How to handle business continuity in a crisis

Network World

If these systems go down due to a natural disaster, temporary power outage, loss of data center, ransomware or hacker attack, lost or corrupted files, or an application failure due to a software virus, the results can inflict significant financial harm. In the worst case, the business will be unable to continue functioning.

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Fountainhead: Pointers for IT Business Continuity & Pandemics

Fountainhead

Pointers for IT Business Continuity & Pandemics. But how would this affect business operations? Most business continuity / continuity of operations (BC/COOP) focus on keeping the IT portion of the business running. IT Financial Management. (4). skip to main | skip to sidebar. Fountainhead.

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Cyber Resilience: Building Immunity in the Face of Evolving Threats

SecureWorld News

Business continuity and disaster recovery Cybersecurity initiatives require much more than technical measures; organizations must also understand the importance of business continuity planning and disaster recovery procedures. Lessons learned from such incidents should always be shared company-wide.