What is Business Continuity and Disaster Recovery ?
As the use of IT as a key business enabler continues to propel businesses to serve the global markets, the need to be prepared to manage any major disasters or downtime becomes increasing relevant and important. Recent reports indicate that a significant proportion of businesses do not have proper plans in place and hence are putting their brands, services and customers at risk.
A Business Continuity & Disaster Recovery Plan – sometimes referred to as Business Process Contingency Plan (BPCP) – describes how an organization is to deal with potential disasters. Just as a disaster is an event that makes the continuation of normal functions impossible, a disaster recovery plan consists of the precautions taken so that the effects of a disaster will be minimized, and the organization will be able to either maintain or quickly resume mission-critical functions.