KPMG Information Risk Management Business Continuity Management Peter McNally, KPMG Asia Pacific Leader for Business Continuity

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "KPMG Information Risk Management Business Continuity Management Peter McNally, KPMG Asia Pacific Leader for Business Continuity"

Transcription

1 INFORMATION RISK MANAGEMENT KPMG Information Risk Management Business Continuity Management Peter McNally, KPMG Asia Pacific Leader for Business Continuity ADVISORY

2 Contents Agenda: Global trends and BCM challenges BCM strategy and approach Business Risk Assessment and Management KPMG Asia Pacific BCM Survey 2

3 INFORMATION RISK MANAGEMENT Global Trends and BCM Challenges ADVISORY 3

4 Global Trends High availability systems 24x7 on demand services Complex operational models including joint ventures and collaboration Mergers and acquisitions increasing Greater use of outsourcing for IT and business processes Off-shoring is increasing Globalisation On-line competitors from other countries Increased governance regulation Decreased market regulation 4

5 Challenges Understanding downtime tolerance and organisational impacts Understanding business processes and key dependencies Rapidly changing organisational processes, systems and infrastructure Knowing who is responsible for BCM and DR risks in outsourced environments Understanding, managing and communicating BCM remotely Broad scope of threats across and between countries Direct threats from competitors especially remotely Awareness of and management of regulatory requirements in different jurisdictions Increased shareholder expectations BCM still buried in information technology Maintaining and testing plans 5

6 INFORMATION RISK MANAGEMENT BCM strategy and approach ADVISORY 6

7 Strategy Drivers for the strategy Consider all of the business Address the expected and the unexpected across all business areas Consider day-to-day risks as well as catastrophic events Consider critical infrastructure obligations Understand the business needs and tolerances Consider: risk reduction and organisational hardening operations during a crisis business recovery and business resumption Set a target that is affordable 7

8 Strategy considerations People: Sick or injured Unavailable for work Denied access to location Premises: Damaged Destroyed Utility failure (power/water) Business processes: Supplier failure Breakdowns Legal shutdown Business Interruption Technology: Stopped Erroneous/corrupted Erratic 8

9 KPMG approach Phase 1: Assess risks and evaluate business impacts Phase 2: Develop and deploy the BCP Business Process Analysis Project Planning and Initiation Risk and Vulnerability Analysis IT Infrastructure & 3rd Party Analysis Business Impact Analysis Interim Recovery Controls and 'Quick Wins' Cost effective Strategies and Options including alternate recovery strategies DRP Development and Deployment Risk Mitigation Strategies End to End Process Phase 3: Test and handover the BCP Plan Testing including exercise and quality assurance Plan Administration Including maintenance and enhancement 9

10 Business Process Analysis A highly detailed identification and process-level assessment of the recovery and resource requirements of individual business units. Key business units are asked to assess their core business practices regarding: Dependencies on business processes, suppliers and IT systems and processes; Maximum tolerable outage times; Acceptable levels of data loss; Dependencies on 3 rd party providers; and Human and technical resource requirements. The BPA should identify and document all key processes and systems to be included in your BCP. 10

11 IT infrastructure and 3 rd party provider analysis As part of the business process analysis, you should focus on understanding the IT infrastructure and external service arrangements that support all critical IT processes and systems. You should also undertake a detailed technical analysis of your infrastructure to identify weaknesses and potential failure points. The IT infrastructure and 3 rd party provider analysis will enable your systems requirements and dependence on 3 rd party providers to be totally covered in your BCP. 11

12 Risk and Vulnerability Assessment The risk and vulnerability assessment facilitates a detailed analysis of the potential threats to the continuity of your systems and processes. The assessment considers: Environmental and geographic hazards; Physical and logical security; Exposure to malicious intent; All locations that house critical resources, eg. Head Office, Operations, and Data Centres; and General disaster responses. The risk and vulnerability assessment will identify major threats that could result in a significant business interruption. 12

13 Business Impact Analysis The results of the risk and vulnerability assessment and the business process analysis are combined into a complete, highly detailed picture of businesses recovery requirements in the Business Impact Analysis ( BIA ) report. This report provides: The consolidated findings; A detailed account of the residual risks facing the business; and The scope of business recovery requirements. The Business Impact Analysis report will highlight your highest risk processes and systems and will connect them to your BCP. 13

14 Business impact analysis # Key business functions 1 Management accounting Purpose To produce reports that management can use to monitor results and manage the company profitability. Procedure: o Determine financial information needed o Prepare the information o Continuously evaluate the effectiveness Key dependencies Financial and other information from key IT system A and manual system B. Consequences of disruption Incorrect management reports that may result in financial and/or reputation damage due to management changes made from inaccurate information. Maximum Tolerable Outage Recovery Point Objective Service level commitment 48 hours 24 hours Committed to executive management that management accounts will be completed within 4 days of period end. Notes Any observations and longterm affects and how they may affect the end result. The Business Impact Analysis report will highlight your highest risk processes and systems and will connect them to your BCP. 14

15 Interim recovery controls, quick wins and recovery options As a result of the business process and impact analysis, you can: Plan for the best use of existing controls (prior to the BCP being deployed); Identify and implement quick win measures to mitigate risks prior to BCP deployment; and Assess the most cost efficient process capabilities and infrastructure resource options for inclusion in the BCP. This may include developing BCP capabilities in-house, engaging external service providers or a suitable combination of the two. Interim recovery controls, quick wins and recovery options can be put in place to immediately reduce your risk and commence building the right BCP. 15

16 Crisis Management In the event of a major business interruption, an organisation must react immediately to reduce the impact of the situation. A Crisis Management Plan (CMP) assists organisations to effectively manage, respond and recover from such a situation. The CMP should cover: Emergency Management Team Structure, Roles & Responsibilities; Communications plan for chain of command, staff, media, regulators, family/friends, market analysts; Emergency Services Roles & Responsibilities; Emergency Preparation Procedures & Checklists, Emergency Activation Procedures & Checklists; Recovery Procedures & Checklists; and Command Centre Structure. 16

17 Business Continuity Plan The business continuity plan ( BCP ) includes advanced arrangements and procedures to enable an organisation to respond to an event in such a manner that the critical business functions continue with minimal interruption or essential change. The plan includes guidance on: Definition on roles and responsibilities; Procedures for invocation and recovery; Recovery activity schedules; and Task lists. 17

18 Disaster Recovery Plan The disaster recovery plan ( DRP ) is a clear, concise course of action to be taken in the event of an IT disaster. The plan includes guidance on: The prioritisation of recovery procedures enabling critical business functions to be restored first; Communications plans; Detailed action plans for the restoration of systems and processes; and The optimum resumption of business-as-usual processes. The DRP is a consolidated guide specifically tailored to minimise the business impact of IT disasters on your business. 18

19 Test and administer DRP and BCP A plan is not complete until it is tested and an administration plan has been agreed. A testing strategy should ensure your plans are fully functional, and tests your team s preparedness and responses to potential incidents. The test plan should provide for : Development of relevant test scenarios; Management and coordination of the test; and Detailed analysis and recommendations. An administration and maintenance plan will enable the plan to be a living document that will adapt to the changes in your organisation and industry. 19

20 INFORMATION RISK MANAGEMENT Business risk assessment management ADVISORY 20

21 Some risks to consider People Epidemic (eg SARS) Workplace accidents Industrial disputation Major external events Technology Hardware failure Software failures and viruses Loss of utilities (power, telco, water, gas) Premises Natural disasters (flood, storm, earthquake) Terrorism Neighbourhood events (gas leak, demonstration) Criminality Attacks and vandalism Business process Supplier failure Legal shutdown or injunction Transport failure 21

22 Assessing the risks - options Risk workshops Involve all key areas of the business Should use an experienced facilitator Encourage discussion on likelihood and impact Aim for consensus on prioritisation of risks Questionnaires/surveys Useful for multiple locations Provide consistency Might not disclose unusual or unique risks Should always be discussed and clarified Generic risks Apply at location level but not in detailed business processes 22

23 INFORMATION RISK MANAGEMENT KPMG BCM survey ADVISORY 23

24 KPMG s Asia-Pacific BCM Benchmarking Survey In order to understand the needs of our Asia-Pacific clients, KPMG conducted a BCM Benchmarking Survey. The objective of the Asia- Pacific BCM Benchmarking Survey was to provide insight into the BCM trends in the Asia-Pacific region and within specific industries. To achieve this, a comprehensive survey containing 73 questions covering a wide range of aspects of Business Continuity was produced. The survey aimed to: Provide insight into current BCM trends and what organisations around the Asia-Pacific region are experiencing and actioning with respect to BCM; Understand the perceived risk of the current environment, the key drivers for BCM, and the actual impact on organisations in the region; and Allow organisations to have a current view of BCM activities in their particular industry and to enable them to place their own current state into perspective. The survey involved 249 organisations in Asia-Pacific with all major industry groups represented. 24

25 Participants by industry group 25

26 KPMG s Asia-Pacific BCM Benchmarking Survey results Key findings include: Catastrophic events are focusing actions Risks and costs of downtime not understood Increased reliance on technology - more than 50% have maximum tolerable outages of 7 hours or less On-going maintenance is a problem No longer an IT function 26

27 Perceived level of risk 27

28 Downtime tolerance More than half across all industry groups have maximum tolerable outages of 7 hours or less 28

29 Status of BCM implementation One third do not have plans in place 29

30 BCM drivers Top 4: Hardware failure Software failure Communications failure Security breach Lowest 4: Regional political activity Social unrest Economic changes Geographic conflicts 30

31 Which industries are doing better? Financial Services - 51% rated BCM as extremely important and had corporatewide BCPs in place 31

32 Frequency of risk assessments Less than two thirds attempt to know what their real risks are! 32

33 Responsibility for BCM No longer an IT function! 33

34 Downtime costs One third of all respondents could not estimate their costs of downtime! 34

35 Survey conclusion The state of BCM governance is not good enough Efforts are still misdirected Stakeholders are at risk Regulators are paying closer scrutiny 35

36 Questions? 36

37 Peter McNally - Partner Professional Career Peter is the Asia Pacific Security, Privacy and Continuity Partner in KPMG s Information Risk Management (IRM) practice. Peter s Business Continuity experience includes conducting continuity workshops for a European Airline, plan assessment at a financial services (funds management) client, and development of plans for an international airport. Peter is a recognised spokesperson on business continuity having been quoted in the press and has delivered a number of industry presentations, most recently on critical infrastructure protection. He also managed and authored the KPMG November 2003 Asia Pacific business continuity survey. Clients Seven Network Tenix Qantas Airways Limited Brisbane Airport Corporation Virgin Express Experience BCP/DRP review and maintenance BCP/DRP development Business Impact Analysis 37

38 KPMG Contacts Global, Asia Pacific and Australia Partner in Charge Information Risk Management Egidio Zarrella KPMG in Australia +61 (2) Asia Pacific Leader, Business Continuity Information Risk Management Peter McNally KPMG in Australia +61 (2) National Partner in charge Information Risk Management Richard Chen KPMG in Taiwan Disclaimer The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavour to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act upon such information without appropriate professional advice after a thorough examination of the particular situation. 38

PAPER-6 PART-1 OF 5 CA A.RAFEQ, FCA

PAPER-6 PART-1 OF 5 CA A.RAFEQ, FCA 1 Chapter-4: Business Continuity Planning and Disaster Recovery Planning PAPER-6 PART-1 OF 5 CA A.RAFEQ, FCA Learning Objectives 2 To understand the concept of Business Continuity Management To understand

More information

Business Continuity Planning and Disaster Recovery Planning

Business Continuity Planning and Disaster Recovery Planning 4 Business Continuity Planning and Disaster Recovery Planning Basic Concepts 1. Business Continuity Management: Business Continuity means maintaining the uninterrupted availability of all key business

More information

Business Continuity Planning

Business Continuity Planning Business Continuity Planning We believe all organisations recognise the importance of having a Business Continuity Plan, however we understand that it can be difficult to know where to start. That s why

More information

BUSINESS CONTINUITY PLAN

BUSINESS CONTINUITY PLAN How to Develop a BUSINESS CONTINUITY PLAN To print to A4, print at 75%. TABLE OF CONTENTS SUMMARY SUMMARY WHAT IS A BUSINESS CONTINUITY PLAN? CHAPTER PREPARING TO WRITE YOUR BUSINESS CONTINUITY PLAN CHAPTER

More information

www.pwc.com Business Resiliency Business Continuity Management - January 14, 2014

www.pwc.com Business Resiliency Business Continuity Management - January 14, 2014 www.pwc.com Business Resiliency Business Continuity Management - January 14, 2014 Agenda Key Definitions Risks Business Continuity Management Program BCM Capability Assessment Process BCM Value Proposition

More information

Business Continuity and Disaster Recovery Planning

Business Continuity and Disaster Recovery Planning Business Continuity and Disaster Recovery Planning Jennifer Brandt, CISA A p r i l 16, 2015 HISTORY OF STINNETT & ASSOCIATES Stinnett & Associates (Stinnett) is a professional advisory firm offering services

More information

Table of Contents... 1

Table of Contents... 1 ... 1 Chapter 1 Introduction... 4 1.1 Executive Summary... 4 1.2 Goals and Objectives... 5 1.3 Senior Management and Board of Directors Responsibilities... 5 1.4 Business Continuity Planning Processes...

More information

Business Continuity and Risk Management. Ken Kaberia Principal BCM Officer, Enterprise Risk Safaricom Limited

Business Continuity and Risk Management. Ken Kaberia Principal BCM Officer, Enterprise Risk Safaricom Limited Business Continuity and Risk Management Ken Kaberia Principal BCM Officer, Enterprise Risk Safaricom Limited What does Business Continuity mean? Business Continuity Management- Definition Business Continuity

More information

BUSINESS CONTINUITY PLAN. Specific Issues for Public Health Emergencies. Guidelines for Air Carriers

BUSINESS CONTINUITY PLAN. Specific Issues for Public Health Emergencies. Guidelines for Air Carriers BUSINESS CONTINUITY PLAN Specific Issues for Public Health Emergencies Guidelines for Air Carriers 1 Contents PART 1 BACKGROUND 1.1. Introduction 1.2. Purpose 1.3. Scope and Application 1.4. Definition

More information

Business Continuity and Disaster Planning

Business Continuity and Disaster Planning WHITE PAPER Business Continuity and Disaster Planning A guide to preparing for the unexpected Robert Drewniak Director, Strategic & Advisory Services Disasters are not always the result of high winds and

More information

Business Continuity Management AIRM Presentation

Business Continuity Management AIRM Presentation 16 January, 2008 Business Continuity Management AIRM Presentation David Hamilton, Senior Consultant http://www.marsh.ie Presentation Overview Terms used for BCP Where BCM fits in a business plan Business

More information

Joint Universities Computer Centre Limited ( JUCC ) Information Security Awareness Training- Session Four

Joint Universities Computer Centre Limited ( JUCC ) Information Security Awareness Training- Session Four Joint Universities Computer Centre Limited ( JUCC ) Information Security Awareness Training- Session Four Data Handling in University Business Impact Analysis ( BIA ) Agenda Overview Terminologies Performing

More information

Temple university. Auditing a business continuity management BCM. November, 2015

Temple university. Auditing a business continuity management BCM. November, 2015 Temple university Auditing a business continuity management BCM November, 2015 Auditing BCM Agenda 1. Introduction 2. Definitions 3. Standards 4. BCM key elements IT Governance class - IT audit program

More information

Principles for BCM requirements for the Dutch financial sector and its providers.

Principles for BCM requirements for the Dutch financial sector and its providers. Principles for BCM requirements for the Dutch financial sector and its providers. Platform Business Continuity Vitale Infrastructuur Financiële sector (BC VIF) Werkgroep BCM requirements 21 September 2011

More information

EMERGENCY PREPAREDNESS PLAN Business Continuity Plan

EMERGENCY PREPAREDNESS PLAN Business Continuity Plan EMERGENCY PREPAREDNESS PLAN Business Continuity Plan GIS Bankers Insurance Group Powered by DISASTER PREPAREDNESS Implementation Small Business Guide to Business Continuity Planning Surviving a Catastrophic

More information

CENTRAL BANK OF KENYA (CBK) PRUDENTIAL GUIDELINE ON BUSINESS CONTINUITY MANAGEMENT (BCM) FOR INSTITUTIONS LICENSED UNDER THE BANKING ACT

CENTRAL BANK OF KENYA (CBK) PRUDENTIAL GUIDELINE ON BUSINESS CONTINUITY MANAGEMENT (BCM) FOR INSTITUTIONS LICENSED UNDER THE BANKING ACT CENTRAL BANK OF KENYA (CBK) PRUDENTIAL GUIDELINE ON BUSINESS CONTINUITY MANAGEMENT (BCM) FOR INSTITUTIONS LICENSED UNDER THE BANKING ACT JANUARY 2008 GUIDELINE ON BUSINESS CONTINUITY GUIDELINE CBK/PG/14

More information

D2-02_01 Disaster Recovery in the modern EPU

D2-02_01 Disaster Recovery in the modern EPU CONSEIL INTERNATIONAL DES GRANDS RESEAUX ELECTRIQUES INTERNATIONAL COUNCIL ON LARGE ELECTRIC SYSTEMS http:d2cigre.org STUDY COMMITTEE D2 INFORMATION SYSTEMS AND TELECOMMUNICATION 2015 Colloquium October

More information

Desktop Scenario Self Assessment Exercise Page 1

Desktop Scenario Self Assessment Exercise Page 1 Page 1 Neil Jarvis Head of IT Security & IT Risk DHL Page 2 From reputation to data loss - how important is business continuity? Neil Jarvis Head of IT Security (EMEA) DHL Logistics IT Security Taking

More information

Council Policy Business Continuity Management

Council Policy Business Continuity Management Policy Name: Business Continuity Management Council Policy Business Continuity Management ADOPTED BY COUNCIL: 19 th April 2016 DATE OF NEXT REVIEW: 18 th April 2020 RESPONSIBLE OFFICER: REFERENCES: Chief

More information

Shankar Gawade VP IT INFRASTRUCTURE ENAM SECURITIES PVT. LTD.

Shankar Gawade VP IT INFRASTRUCTURE ENAM SECURITIES PVT. LTD. Business Continuity Management & Disaster Recovery Planning Presented by: Shankar Gawade VP IT INFRASTRUCTURE ENAM SECURITIES PVT. LTD. 1 What is Business Continuity Management? Is a holistic management

More information

BT Conferencing Business Continuity Management. Planning to stay in business

BT Conferencing Business Continuity Management. Planning to stay in business BT Conferencing Business Continuity Management Planning to stay in business Planning for the unexpected In today s connected world, businesses are increasingly dependent on their communications and networked

More information

BUSINESS CONTINUITY MANAGEMENT FRAMEWORK

BUSINESS CONTINUITY MANAGEMENT FRAMEWORK BUSINESS CONTINUITY MANAGEMENT FRAMEWORK Document Author: Civil Contingencies Service - Authorised by the CCS Joint Management Board - Version 1.0. Issued December 2012 Page 1 FRAMEWORK STATEMENT Business

More information

Post-Class Quiz: Business Continuity & Disaster Recovery Planning Domain

Post-Class Quiz: Business Continuity & Disaster Recovery Planning Domain 1. What is the most common planned performance duration for a continuity of operations plan (COOP)? A. 30 days B. 60 days C. 90 days D. It depends on the severity of a disaster. 2. What is the business

More information

South West Lincolnshire NHS Clinical Commissioning Group Business Continuity Policy

South West Lincolnshire NHS Clinical Commissioning Group Business Continuity Policy South West Lincolnshire NHS Clinical Commissioning Group Business Continuity Policy Reference No: CG 01 Version: Version 1 Approval date 18 December 2013 Date ratified: 18 December 2013 Name of Author

More information

PAPER-6 PART-3 OF 5 CA A.RAFEQ, FCA

PAPER-6 PART-3 OF 5 CA A.RAFEQ, FCA Chapter-4: Business Continuity Planning and Disaster Recovery Planning PAPER-6 PART-3 OF 5 CA A.RAFEQ, FCA Learning Objectives 2 To understand the concept of Business Continuity Management To understand

More information

External Supplier Control Requirements BCM

External Supplier Control Requirements BCM External Supplier Control Requirements BCM BCM Requirement Description BCM Tiers Recovery Time Objective Why this is important 1. Business Continuity Policy Supplier will have a documented Business Continuity

More information

Business Continuity Plan

Business Continuity Plan Business Continuity Plan October 2007 Agenda Business continuity plan definition Evolution of the business continuity plan Business continuity plan life cycle FFIEC & Business continuity plan Questions

More information

NORTH HAMPSHIRE CLINICAL COMMISSIONING GROUP BUSINESS CONTINUITY MANAGEMENT POLICY AND PLAN (COR/017/V1.00)

NORTH HAMPSHIRE CLINICAL COMMISSIONING GROUP BUSINESS CONTINUITY MANAGEMENT POLICY AND PLAN (COR/017/V1.00) NORTH HAMPSHIRE CLINICAL COMMISSIONING GROUP BUSINESS CONTINUITY MANAGEMENT POLICY AND PLAN (COR/017/V1.00) Subject and version number of document: Serial Number: Business Continuity Management Policy

More information

BUSINESS CONTINUITY MANAGEMENT A Guide for Businesses In Northamptonshire

BUSINESS CONTINUITY MANAGEMENT A Guide for Businesses In Northamptonshire BUSINESS CONTINUITY MANAGEMENT A Guide for Businesses In Northamptonshire 1 What is Business Continuity? Business Continuity is a planning process which provides a framework to ensure the resilience of

More information

Business Continuity Management

Business Continuity Management Prudential Standard CPS 232 Business Continuity Management Objective and key requirements of this Prudential Standard This Prudential Standard requires each APRA-regulated institution to implement a whole-of-business

More information

BUSINESS CONTINUITY FRAMEWORK

BUSINESS CONTINUITY FRAMEWORK BUSINESS CONTINUITY FRAMEWORK DOCUMENT INFORMATION DOCUMENT TYPE: DOCUMENT STATUS: POLICY OWNER POSITION: INTERNAL COMMITTEE ENDORSEMENT: APPROVED BY: Strategic document Approved Manager Organisational

More information

BUSINESS CONTINUITY MANAGEMENT IN THE PUBLIC SECTOR A ROUGH GUIDE

BUSINESS CONTINUITY MANAGEMENT IN THE PUBLIC SECTOR A ROUGH GUIDE BUSINESS CONTINUITY MANAGEMENT IN THE PUBLIC SECTOR A ROUGH GUIDE Introduction 1. Recently many organisations both public and private have directed much more time, money and effort towards protecting service

More information

Business Continuity Management

Business Continuity Management Business Continuity Management Standard Operating Procedure Notice: This document has been made available through the Police Service of Scotland Freedom of Information Publication Scheme. It should not

More information

INFORMATION TECHNOLOGY SECURITY STANDARDS

INFORMATION TECHNOLOGY SECURITY STANDARDS INFORMATION TECHNOLOGY SECURITY STANDARDS Version 2.0 December 2013 Table of Contents 1 OVERVIEW 3 2 SCOPE 4 3 STRUCTURE 5 4 ASSET MANAGEMENT 6 5 HUMAN RESOURCES SECURITY 7 6 PHYSICAL AND ENVIRONMENTAL

More information

Business Continuity. Is your Business Prepared for the worse? What is Business Continuity? Why use a Business Continuity Plan?

Business Continuity. Is your Business Prepared for the worse? What is Business Continuity? Why use a Business Continuity Plan? Business Continuity Is your Business Prepared for the worse? Major emergencies can develop suddenly without warning. Situations can threaten and disrupt your business and impact upon you and your staff.

More information

Operational Risk Management (ORM) and Business Continuity Plans (BCP)

Operational Risk Management (ORM) and Business Continuity Plans (BCP) The World Bank Operational Risk Management (ORM) and Business Continuity Plans (BCP) Ian Storkey, Consultant ORM & BCP Why Necessary? ORM Govt Cases Anglo Leasing Affair in Kenya (2004) Orange County (1994)

More information

Business Continuity Management Policy

Business Continuity Management Policy Business Continuity Management Policy Business Continuity Policy Version 1.0 1 Version control Version Date Changes Author 0.1 April 13 1 st draft PH 0.2 June 13 Amendments in line with guidance PH 0.3

More information

Business Continuity Planning advice for Businesses with 50-250 employees

Business Continuity Planning advice for Businesses with 50-250 employees Business Continuity Planning advice for Businesses with 50-250 employees Where to begin? A business continuity plan should consist of a business and contingencies analysis. It needs to be developed by

More information

Business Continuity Policy

Business Continuity Policy Business Continuity Policy Page 1 of 15 Business Continuity Policy First published: Amendment record Version Date Reviewer Comment 1.0 07/01/2014 Debbie Campbell 2.0 11/07/14 Vicky Ryan Updated to include

More information

1.0 Policy Statement / Intentions (FOIA - Open)

1.0 Policy Statement / Intentions (FOIA - Open) Force Policy & Procedure Reference Number Business Continuity Management D269 Policy Version Date 23 July 2015 Review Date 23 July 2016 Policy Ownership Portfolio Holder Links or overlaps with other policies

More information

Business Continuity Policy and Business Continuity Management System

Business Continuity Policy and Business Continuity Management System Business Continuity Policy and Business Continuity Management System Summary: This policy sets out the structure for ensuring that the PCT has effective Business Continuity Plans in place in order to maintain

More information

Prudential Standard LPS 232

Prudential Standard LPS 232 Prudential Standard LPS 232 Business Continuity Management Objective and key requirements of this Prudential Standard This Prudential Standard aims to ensure that each life company implements a whole of

More information

Business Continuity (Policy & Procedure)

Business Continuity (Policy & Procedure) Business Continuity (Policy & Procedure) Publication Scheme Y/N Can be published on Force Website Department of Origin Force Operations Policy Holder Ch Supt Head of Force Ops Author Business Continuity

More information

Emergency Response and Business Continuity Management Policy

Emergency Response and Business Continuity Management Policy Emergency Response and Business Continuity Management Policy Owner: John Duffy, Registrar & Secretary Last updated: September 2012 Version: 04 Document control Date Version Author Changes To be populated

More information

Information Security Management: Business Continuity Planning. Presentation by Stanislav Nurilov March 9th, 2005 CS 996: Info. Sec. Mgmt.

Information Security Management: Business Continuity Planning. Presentation by Stanislav Nurilov March 9th, 2005 CS 996: Info. Sec. Mgmt. Information Security Management: Business Continuity Planning Presentation by Stanislav Nurilov March 9th, 2005 CS 996: Info. Sec. Mgmt. Overview BCP: Definition BCP: Need for (Why?) BCP: When BCP: Who

More information

Coping with a major business disruption. Some practical advice

Coping with a major business disruption. Some practical advice Coping with a major business disruption Some practical advice Coping with a major business disruption What is business continuity? Business continuity planning (BCP) is a management process that helps

More information

HOW CAN YOU ENSURE BUSINESS CONTINUITY? ISO 22301 AUDITS, CERTIFICATION AND TRAINING

HOW CAN YOU ENSURE BUSINESS CONTINUITY? ISO 22301 AUDITS, CERTIFICATION AND TRAINING HOW CAN YOU ENSURE BUSINESS CONTINUITY? ISO 22301 AUDITS, CERTIFICATION AND TRAINING ISO 22301 BUSINESS CONTINUITY MANAGEMENT SYSTEMS Most organisations will, at some point, be faced with having to respond

More information

BUSINESS CONTINUITY MANAGEMENT GUIDELINES FOR BANKS AND FINANCIAL INSTITUTIONS

BUSINESS CONTINUITY MANAGEMENT GUIDELINES FOR BANKS AND FINANCIAL INSTITUTIONS BUSINESS CONTINUITY MANAGEMENT GUIDELINES FOR BANKS AND FINANCIAL INSTITUTIONS DIRECTORATE OF BANKING SUPERVISION AUGUST 2009 TABLE OF CONTENTS PAGE 1.0 INTRODUCTION..3 1.1 Background...3 1.2 Citation...3

More information

Ohio Supercomputer Center

Ohio Supercomputer Center Ohio Supercomputer Center IT Business Continuity Planning No: Effective: OSC-13 06/02/2009 Issued By: Kevin Wohlever Director of Supercomputer Operations Published By: Ohio Supercomputer Center Original

More information

Mitigating and managing cyber risk: ten issues to consider

Mitigating and managing cyber risk: ten issues to consider Mitigating and managing cyber risk: ten issues to consider The board of directors is responsible for managing and mitigating risk exposure. A recent study conducted by the Ponemon Institute 1 revealed

More information

Business Continuity Management Governance. Frank Higgins Abu Dhabi March 2015

Business Continuity Management Governance. Frank Higgins Abu Dhabi March 2015 Business Continuity Management Governance Frank Higgins Abu Dhabi March 2015 Different Names Same Concept BCM (Business Continuity Management) BSI 25999 IPOCM (Incident Preparedness & Operational Continuity

More information

Why Should Companies Take a Closer Look at Business Continuity Planning?

Why Should Companies Take a Closer Look at Business Continuity Planning? whitepaper Why Should Companies Take a Closer Look at Business Continuity Planning? How Datalink s business continuity and disaster recovery solutions can help organizations lessen the impact of disasters

More information

PROMOTING BUSINESS CONTINUITY. Greater Manchester Local Authority Business Continuity Group

PROMOTING BUSINESS CONTINUITY. Greater Manchester Local Authority Business Continuity Group PROMOTING BUSINESS CONTINUITY Greater Manchester Local Authority Business Continuity Group What is Business Continuity? Business Continuity is a planning process, which provides a framework for ensuring

More information

BUSINESS CONTINUITY PLAN OVERVIEW

BUSINESS CONTINUITY PLAN OVERVIEW BUSINESS CONTINUITY PLAN OVERVIEW INTRODUCTION The purpose of this document is to provide Loomis customers with an overview of the company s Business Continuity Plan (BCP). Because of the specific and

More information

Statement of Guidance

Statement of Guidance Statement of Guidance Business Continuity Management All Licensees 1. Statement of Objectives 1.1. To enhance the resilience of the financial sector and to minimise the potential impact of a major operational

More information

Information Security Policy. Chapter 11. Business Continuity

Information Security Policy. Chapter 11. Business Continuity Information Security Policy Chapter 11 Business Continuity Author: Policy & Strategy Team Version: 0.5 Date: July 2008 Version 0.5 Page 1 of 6 Document Control Information Document ID Document title Sefton

More information

IT Disaster Recovery...It's Just the Tip of the Business Continuity Iceberg

IT Disaster Recovery...It's Just the Tip of the Business Continuity Iceberg PROFESSIONALADVANTAGE IT Disaster Recovery...It's Just the Tip of the Business Continuity Iceberg The importance of a holistic approach to Business Continuity and the art of making decisions when everyone's

More information

Hanh Do, Director, Information System Audit Division, GAA. SUBJECT: Review of HUD s Information Technology Contingency Planning and Preparedness

Hanh Do, Director, Information System Audit Division, GAA. SUBJECT: Review of HUD s Information Technology Contingency Planning and Preparedness Issue Date: August 31, 2006 Audit Report Number 2006-DP-0005 TO: Lisa Schlosser, Chief Information Officer, A FROM: Hanh Do, Director, Information System Audit Division, GAA SUBJECT: Review of HUD s Information

More information

BUSINESS RESILIENCE READY OR NOT

BUSINESS RESILIENCE READY OR NOT BUSINESS RESILIENCE READY OR NOT EDC Whitepaper 2014 Table of Contents Executive Summary 2 Need for Effective BCM 2 Government requirements for BCM 4 The Challenge - Disasters and Threats 4 Pandemic and

More information

BUSINESS CONTINUITY PLAN

BUSINESS CONTINUITY PLAN Business Logo or Name here BUSINESS CONTINUITY PLAN FOR PERSONAL CARE PROVIDERS TEMPLATE PREPARED BY DEVON COUNTY COUNCIL EMERGENCY PLANNING SERVICE BUSINESS CONTINUITY PLAN LIST OF CONTENTS 1. DISCLAIMER...

More information

Business Continuity Strategy Manual

Business Continuity Strategy Manual Business Continuity Strategy Manual Issue 03 July 2009 Authorised by: Managing Director, Date: 1. Amendments 2. Definitions 3. BCM System Management 4. Purpose 5. Scope 6. Roles & Responsibilities 7. Business

More information

Business Continuity & Disaster Recovery

Business Continuity & Disaster Recovery Business Continuity & Disaster Recovery Safety First Quality Every Time 1 Business Continuity & Disaster Recovery Planning Who here has a formal Business Continuity & Disaster Recovery plan? The purpose

More information

Disaster Recovery Journal Spring World 2014

Disaster Recovery Journal Spring World 2014 Disaster Recovery Journal Spring World 2014 What works: Services and service supply chain business continuity risk management Don Hall, CBCP, Cisco Services Business Continuity Analyst Cisco Systems, Inc.

More information

Prudential Standard CPS 232 Business Continuity Management

Prudential Standard CPS 232 Business Continuity Management Prudential Standard CPS 232 Business Continuity Management Objective and key requirements of this Prudential Standard This Prudential Standard requires each regulated institution and Level 2 group to implement

More information

Business Continuity Trends and Risk Considerations Financial Executives International Portland Chapter June 12 2013

Business Continuity Trends and Risk Considerations Financial Executives International Portland Chapter June 12 2013 Business Continuity Trends and Risk Considerations Financial Executives International Portland Chapter June 12 2013 Chitra Gopalakrishnan Director KPMG LLP Agenda Introduction Business Continuity / Disaster

More information

Institute for Business Continuity Training 1623 Military Road, # 377 Niagara Falls, NY 14304-1745

Institute for Business Continuity Training 1623 Military Road, # 377 Niagara Falls, NY 14304-1745 ECP - 601: Effective Business Continuity Management: ISO 22301 This 3-day course provides an intensive, hands-on workshop covering all major aspects for the design of an effective Business Continuity Plan

More information

BCP and DR. P K Patel AGM, MoF

BCP and DR. P K Patel AGM, MoF BCP and DR P K Patel AGM, MoF Key difference between BS 25999 and ISO 22301 ISO 22301 puts a much greater emphasis on setting the objectives, monitoring performance and metrics aligning BC to top management

More information

BUSINESS CONTINUITY MANAGEMENT GUIDELINE

BUSINESS CONTINUITY MANAGEMENT GUIDELINE BUSINESS CONTINUITY MANAGEMENT GUIDELINE April 2010 Table of Contents Preamble...3 Introduction...4 Scope...5 Coming into effect and updating...6 1. Continuity and resumption of business...7 2. Sound and

More information

Business Continuity Planning in IT

Business Continuity Planning in IT Introduction: Business Continuity Planning in IT The more your business relies on its IT systems, the more you need to consider how unexpected disruptions might affect your business. These disruptions

More information

Intel Business Continuity Practices

Intel Business Continuity Practices Intel Business Continuity Practices As a global corporation with locations and suppliers all over the world, Intel requires every designated Intel organization to embed business continuity as a core business

More information

THE DOMESTIC SURVEY AND THE CONSEQUENT RECOMMENDATIONS

THE DOMESTIC SURVEY AND THE CONSEQUENT RECOMMENDATIONS OVERSIGHT RECOMMENDATIONS ON BUSINESS CONTINUITY BACKGROUND OF THE DOMESTIC SURVEY Unexpected incidents worldwide have focused the attention of the financial sector, including the participants of the domestic

More information

University of Sunderland Business Assurance Information Security Policy

University of Sunderland Business Assurance Information Security Policy University of Sunderland Business Assurance Information Security Policy Document Classification: Public Policy Reference Central Register Policy Reference Faculty / Service IG 003 Policy Owner Assistant

More information

NEEDS BASED PLANNING FOR IT DISASTER RECOVERY

NEEDS BASED PLANNING FOR IT DISASTER RECOVERY The Define/Align/Approve Reference Series NEEDS BASED PLANNING FOR IT DISASTER RECOVERY Disaster recovery planning is essential it s also expensive. That s why every step taken and dollar spent must be

More information

Clinic Business Continuity Plan Guidelines

Clinic Business Continuity Plan Guidelines Clinic Business Continuity Plan Guidelines Published: January 2015 Table of Contents Emergency Notification Contacts Primary... 2 Emergency Notification Contacts Backups (in case primary is unavailable)...

More information

Operational Risk Management Policy

Operational Risk Management Policy Operational Risk Management Policy Operational Risk Definition A bank, including a development bank, is influenced by the developments of the external environment in which it is called to operate, as well

More information

Business Continuity Management Policy

Business Continuity Management Policy Governance 1 Purpose The purpose of this policy is to communicate Business Continuity Management (BCM) framework, responsibilities and guiding principles for Victoria to effectively prepare for and achieve

More information

Disaster Recovery. 1.1 Introduction. 1.2 Reasons for Disaster Recovery. EKAM Solutions Ltd Disaster Recovery

Disaster Recovery. 1.1 Introduction. 1.2 Reasons for Disaster Recovery. EKAM Solutions Ltd Disaster Recovery Disaster Recovery 1.1 Introduction Every day, there is the chance that some sort of business interruption, crisis, disaster, or emergency will occur. Anything that prevents access to key processes and

More information

BS 25999 BUSINESS CONTINUITY MANAGEMENT

BS 25999 BUSINESS CONTINUITY MANAGEMENT BS 25999 BUSINESS CONTINUITY MANAGEMENT AUDIT, CERTIFICATION & training services HOW CAN YOU ENSURE BUSINESS CONTINUITY? BS 25999 AUDITS & CERTIFICATION FROM SGS Most organisations will, at some point,

More information

2008-2009 2008-2009 TRENDS IN BUSINESS CONTINUITY AND CRISIS COMMUNICATIONS SURVEY

2008-2009 2008-2009 TRENDS IN BUSINESS CONTINUITY AND CRISIS COMMUNICATIONS SURVEY 2008-2009 The Second Annual Trends in Business Continuity and Crisis Communications Survey has been completed with over 700 participants from a wide range of industries and organizational sizes. The Disaster

More information

Risk Management Guidelines

Risk Management Guidelines Business Continuity Management Understanding Risk We live in an unpredictable world. No matter how effectively a business protects itself through insurance, there are some risks that cannot be anticipated,

More information

Prudential Practice Guide

Prudential Practice Guide Prudential Practice Guide LPG 232 Business Continuity Management March 2007 www.apra.gov.au Australian Prudential Regulation Authority Disclaimer and copyright This prudential practice guide is not legal

More information

How to write a DISASTER RECOVERY PLAN. To print to A4, print at 75%.

How to write a DISASTER RECOVERY PLAN. To print to A4, print at 75%. How to write a DISASTER RECOVERY PLAN To print to A4, print at 75%. TABLE OF CONTENTS SUMMARY SUMMARY WHAT IS A DRP AND HOW CAN IT HELP MY COMPANY? CHAPTER PREPARING TO WRITE YOUR DISASTER RECOVERY PLAN

More information

Business Continuity Management

Business Continuity Management Prudential Standard CPS 232 Business Continuity Management Objective and key requirements of this Prudential Standard The ultimate responsibility for the business continuity of an APRA-regulated institution

More information

Certified Disaster Recovery Engineer

Certified Disaster Recovery Engineer Cyber Security Training & Consulting Certified Disaster COURSE OVERVIEW 4 Days 32 CPE Credits $2,500 When a business is hit by a natural disaster, cyber crime or any other disruptive tragedy, how should

More information

Business Continuity Planning for Risk Reduction

Business Continuity Planning for Risk Reduction Business Continuity Planning for Risk Reduction Ion PLUMB ionplumb@yahoo.com Andreea ZAMFIR zamfir_andreea_ileana@yahoo.com Delia TUDOR tudordelia@yahoo.com Faculty of Management Academy of Economic Studies

More information

With the large number of. How to Avoid Disaster: RIM s Crucial Role in Business Continuity Planning. Virginia A. Jones, CRM, FAI RIM FUNDAMENTALS

With the large number of. How to Avoid Disaster: RIM s Crucial Role in Business Continuity Planning. Virginia A. Jones, CRM, FAI RIM FUNDAMENTALS How to Avoid Disaster: RIM s Crucial Role in Business Continuity Planning The world has experienced a great deal of natural and man-made upheaval and destruction in the past few years, including tornadoes,

More information

BUSINESS CONTINUITY PLANNING GUIDELINES

BUSINESS CONTINUITY PLANNING GUIDELINES BUSINESS CONTINUITY PLANNING GUIDELINES Washington University in St. Louis The purpose of this guide is to serve as a tool to all departments, divisions, and labs across the University in building a Business

More information

Business Continuity Management

Business Continuity Management Business Continuity Management Policy Statement & Strategy July 2009 Basildon District Council Business Continuity Management Policy Statement The Council is committed to ensuring robust and effective

More information

Business Continuity Management Systems. Protecting for tomorrow by building resilience today

Business Continuity Management Systems. Protecting for tomorrow by building resilience today Business Continuity Management Systems Protecting for tomorrow by building resilience today Vital statistics 31% 40% of UK businesses have been affected by bad weather related transport problems, power

More information

Guidance Note XGN XXX.1

Guidance Note XGN XXX.1 Guidance Note XGN XXX.1 Risk Assessment and Business Continuity Planning 1. This Guidance Note provides further detail on matters institutions should consider in assessing disruption scenarios and certain

More information

Disaster Recovery Plan (DRP) / Business Continuity Plan (BCP)

Disaster Recovery Plan (DRP) / Business Continuity Plan (BCP) Preface Computer systems are the core tool of today s business and are vital to every business from the smallest to giant organizations. Money transactions, customer service are just simple examples. Despite

More information

FRAMEWORK. Approving authority. University Council. Approval date

FRAMEWORK. Approving authority. University Council. Approval date BUSINESS CONTINUITY FRAMEWORK MANAGEMENT Approving authority Approval date Advisor Next scheduled review 2018 University Council TRIM document 2013/0014764 5 August 2013 (3/2013 meeting) Colin McAndrew

More information

Business Continuity Business Impact Analysis arrangements

Business Continuity Business Impact Analysis arrangements Aberdeen City Council Internal Audit Report 2012/2013 for Aberdeen City Council May 2013 Business Continuity Business Impact Analysis arrangements Final Report Contents Section Page 1. Executive Summary

More information

Business Continuity Policy

Business Continuity Policy Page 1 of 16 Business Continuity Policy Issue Date: Aug 2013 Document Number: 00241 Prepared by: Business Management and Continuity Senior Manager Next Review Date: April 2014 Page 2 of 16 NHS England

More information

Business continuity management policy

Business continuity management policy Business continuity management policy health.wa.gov.au Effective: XXX Title: Business continuity management policy 1. Purpose All public sector bodies are required to establish, maintain and review business

More information

Business Continuity Planning (BCP) 101

Business Continuity Planning (BCP) 101 2011/EPWG/WKSP/004 Intro 1 Business Continuity Planning (BCP) 101 Submitted by: Business Continuity Management Institute Workshop on Private Sector Emergency Preparedness Sendai, Japan 1-3 August 2011

More information

COMCARE BUSINESS CONTINUITY MANAGEMENT

COMCARE BUSINESS CONTINUITY MANAGEMENT COMCARE BUSINESS CONTINUITY MANAGEMENT Title Business Continuity Management Version 2.1 Authorised by Executive Committee Effective date Authorisation date 10/7/2012 10/7/2012 COMCARE BUSINESS CONTINUITY

More information

ASX CLEAR (FUTURES) OPERATING RULES Guidance Note 10

ASX CLEAR (FUTURES) OPERATING RULES Guidance Note 10 BUSINESS CONTINUITY AND DISASTER RECOVERY The purpose of this Guidance Note The main points it covers To assist participants to understand the disaster recovery and business continuity arrangements they

More information

Ohio Conference for Payroll Professionals Disaster Recovery

Ohio Conference for Payroll Professionals Disaster Recovery Ohio Conference for Payroll Professionals Disaster Recovery Speaker Bruce E. Phipps CPP 2011 APA Payroll Man of the Year Principal Product Manager US Legislative Analyst ORACLE Corporation bruce.phipps@oracle.com

More information

eet Business continuity and disaster recovery Enhancing enterprise resiliency for the power and utilities industry Power and Utilities Fact Sheet

eet Business continuity and disaster recovery Enhancing enterprise resiliency for the power and utilities industry Power and Utilities Fact Sheet Power and Utilities Fact Sh Business continuity and disaster recovery Enhancing enterprise resiliency for the power and utilities industry A holistic approach to business resiliency and disaster recovery

More information