Domain 8, “Business Continuity Planning and Disaster Recovery Planning”
Mandated Plans
Interagency Contingency Planning Regulation is a regulation that mandates that financial institutions in the U.S. will have a disaster recovery plan. It was developed by the Financial Institutions Examination Council.
Differences Between DRP and BCP
Disaster recovery is the process of bringing back into production a critical business process that has been crippled or destroyed by some catastrophic event. Disaster recovery planning is the process of developing a plan to do so. Business continuity planning seeks to minimize the impact of catastrophic events on critical business processes, get the processes up and operational should some event occur, and bring ...
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