Business continuity: It’s impossible to guard against every risk

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Business continuity: It’s impossible to guard against every risk
By Stephen Pritchard
Published: June 17 2008 14:18 Last updated: June 17 2008 14:18

Sangwook's comment :

I could realize from this article that business continuity heavily depends on budget of the company; however there are other more important things like business prioritization, organizational preparation and testing of business continuity.

Business continuity is an essential topic for business operations now. From this article, we could be reminded of the concept and necessity of business continuity by IT. There are one of c-level managements called CRO(Chief Risk Officers) relating to this area.

To summarize this article, IT back-up strategy and physical security measures are not enough to ensure business continuity. As always, money matters in business continuity as well. So it requires to plan on business continuity based on prioritization of applications and data. It means budgets will always determine the scope of business continuity arrangements. There are some important tips to do business continuity.

#1. Do business continuity planning
#2. Put emergency response teams consist of both IT head and operation head(risk officer,
HR, PR and facilities)
#3. Conduct test your preparedness