HOW TO BUILD A BUSINESS CONTINUITY PLAN that lowers risk
Gregg Petersen , Regional Director – MEA at Cohesity , speaks to Intelligent SME . tech about how companies can build a strong Business Continuity Plan .
N THE DIGITAL era ,
I customers have little patience for delay and downtime could easily turn them on to a competitor that ’ s waiting in the wings . With the largescale ransomware attacks that crippled critical infrastructure facilities in the US , drawing attention to the inextricable link between cybersecurity resilience and service availability , it follows logically that companies must now integrate cybersecurity into Business Continuity Planning .
Business Continuity from a technology perspective
Some risks aren ’ t always addressed and one that can easily be put to one side is setting up and then managing a strong Business Continuity policy and framework . This will cover a lot of ground , such as what to do if the phone lines go down ; if the supply chain suddenly breaks ; or if your IT network falls victim to an external cyberattack .
Getting a plan together for such eventualities involves almost no risk , just an investment of time and will inevitably deliver a high reward . And when it comes to the cybersecurity aspect of Business Continuity Planning , why wouldn ’ t a business want to take advantage ?
We only have to look at the continuing rise of ransomware – which Sophos has noted in its The State of Ransomware 2021 report was responsible for 79 % of its rapid response engagements in 2020 / 21 – for evidence of the scale of the threat .
It may be that some businesses don ’ t address the problem because they see it as too difficult . They just don ’ t know where to start . But in reality , developing a Business Continuity framework or plan is a matter of working through a series of processes ,