Three Types of Contingency Planning
One of the most important things about conducting an RA is that it forces an organization to think “What if?” An organization must plan for the risks that it accepts or cannot avoid, mitigate, or transfer. It creates contingency plans to limit the financial loss it might experience because of an adverse event. Contingency plans help to minimize the length of time that services and processes are interrupted. They also help minimize customer impact because of a serious event.
The three main types of contingency plans are:
- Incident response (IR) plans
- Disaster recovery (DR) plans
- Business continuity (BC) plans
An organization creates these plans to respond to events that might negatively affect IT resources ...
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