Business Contingency Planning: A Road Map to Protect Company from Unforeseen Threats
Ankur Kumar Shrivastava1, Nitisha Payal2, Abhinav Kumar3, Amod Tiwari4
1Ankur Kumar Shrivastava, CMJ University, Shillong, Meghalaya, India.
2Nitisha Payal, Department of Computer Science MIET, Meerut, India.
3Abhinav Kumar, Mahindra SSG, Mumbai, India.
4Amod Tiwari, Department of Computer Science PSIT, Kanpur, India.Amod Tiwari, Department of Computer Science PSIT, Kanpur, India.
Manuscript received on July 17, 2012. | Revised Manuscript received on August 25, 2012. | Manuscript published on August 30, 2012. | PP:84-87 | Volume-1 Issue-6, August 2012. | Retrieval Number: F0635081612/2012©BEIESP
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: Unforeseen threats never knock the door before their arrival; they just arrived and destroy everything that comes in the path. Establishing a secure business is not just about supply and demand. It is about the prevention and protection measures that you can put in place against cyber-crime, the consequences of an electronic attack, natural disaster, acts of terrorism and other events that would have a negative impact on your organization. In this paper our major focus on creating an effective and globally accepted business contingency plan, which is applicable on almost all type of business and their processes to handle any crises and smooth operation of their critical functions. This paper also focuses on need of BIA and discusses all the key aspect of BIA model for analysing the impact of an unforeseen threat over a business critical function. In this paper we also try to provide a complete overview of existing business contingency and risk assessment model.
Keywords: BCM (Business Continuity Management), BCP (Business Continuity Plan), BIA (Business Impact Analysis), DRP (Disaster Recovery Plan), Risk Rating, RTP (Risk treatment plan).