Business continuity management is the process through which an organization plans ahead and gets ready to continue operating normally after a disaster or to resume operations as soon as possible. It also includes identifying potential dangers like fire, water, or cyberattacks.
Three essential components of a business continuity strategy are resilience, recovery, and contingency.
Planning for business continuity strives to keep operations running throughout catastrophes, disasters, and other business disruptions. Both in short and long periods, interruptions to an organization’s regular activities can be quite expensive.
Today, we’ll look at seven business continuity examples to demonstrate how firms have attempted to reduce downtime following important events (or not). Among the threats is –
- Data loss.
- Viruses and malware.
- Internet and network outages.
- Software or hardware failure
- Natural catastrophes.
- Extreme weather
