Business Continuity Planning (BCP)
Before plunging deeper into the myriad concepts of the BCP and DRP domains, let us review some important concepts in the risk assessment and risk management areas:
- Risk is the probability of a threat exploiting a vulnerability, and the resulting impact. The impact may be related to the loss of money, resources, customer confidence, reputation or legal and regulatory non-compliance, and related issues.
- A threat is an event that could affect business operations or processes.
- A vulnerability is a weakness in the system that could be exploited by a threat.
In the BCP domain, our focus will be on specific threat events that could have devastating impacts on an organization's functionality as a whole and the IT infrastructure ...