The Crucial Role of Vital Records in Disaster Recovery
A Business Continuity/Disaster Recovery (BC/DR) plan serves as the main resource for the preparation for, response to, and recovery from, a disaster that affects any number of crucial functions in an organization. A BC/DR plan provides a framework for the decisions made and actions to be taken by company officials in order to ensure that operations can continue while the incident is occurring. In addition, the BC/DR plan serves to ensure that companies will be able to recover and return business activity (hopefully) to pre-incident levels.
It’s not all about planning for the worst, however. Its good business sense - during the course of developing a good BC/DR plan your are likely come up with some good information and data needed for high level business strategy decisions, such as determining and prioritizing your critical business applications.
Senior management, as part of the holistic risk assessment and management process, uses various tools and methods for determining the likelihood of a disaster and its financial impact on an organization. Once organizations identify their risks in a value-related way, they will be a position to minimize the damage and put systems in place once an interruption to business continuity does occur. Having a BC/DR plan in place ensures that the organization can sustain losses stemming from the interruption or disaster. Find out more about preparing for these disasters and identifying risks before they happen in this downloadable whitepaper.