Disaster Recovery Plan The Business Imperatives

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "Disaster Recovery Plan The Business Imperatives"

Transcription

1 Disaster Recovery Plan The Business Imperatives

2 Table of Contents Disaster Recovery Plan The Business Imperatives... 3 Introduction... 3 A Disaster Recovery Program The Need of the Hour... 3 Approach to Disaster Recovery... 4 Key Elements of a Disaster Recovery Program... 4 Disaster Recovery Strategies... 5 Summary... 6

3 Introduction 3 6 With the dependence on data growing exponentially across industries, all stakeholders, including regulators, employees, customers, and suppliers, are demanding quicker access to information than ever before. This has put the onus on businesses to have systems in place that make key information available to the right people at the right time. Given such a scenario, it has become critical for organizations to plan for unexpected business interruptions due to events like natural disasters, sabotage, and technology failures. A sound business continuity strategy is imperative in today s business environment because of the significant financial consequences and potential loss of brand credibility of such unexpected interruptions. While the likelihood of disasters occurring is low, organizations need to have a robust disaster recovery plan in place to protect against losses and minimize the impact on their customers without surrendering market share. Most often organizations tend to create mirror image of the server and restore the image on the Disaster site, which unfortunately takes a long time to complete. This is definitely not a best practice given that it is a time consuming and cumbersome process. For instance, organizations creating mirror image of the server tend to take an image every quarter and restore the same. This means they do not have a point in time image of the server on the disaster site which in turn suggests if there was any new functionality added after that quarter it would not be available for use on the disaster site. A Disaster Recovery Program The Need of the Hour Disasters and interruptions often come unannounced and uninvited. And in an age where customers, employees, suppliers, and regulators have diminishing patience when it comes to accessing information, organizations will be best served by a robust Disaster Recovery program that ensures data is always accessible within reasonable timeframes. To serve customers with a simple, cost-efficient, and high impact solution, KPIT has developed an innovative tool Business Continuity Solution (BCS) specially designed for EnterpriseOne 9.1, which significantly reduces the downtime for switching over to a disaster site. With BCS, systems can be up and running within 20 minutes at a disaster site. This process is accomplished by taking advantage of CNAME record or Canonical Name record within the customers Domain Name System (DNS)*. BCS provides a point in time image of the system, which means that users will not lose any new functionality, which was created and deployed on the primary server at the time of disaster. Additionally, the solution eliminates the need to create and restore images of the server, and reduces the time taken to switch over to a disaster site significantly. *Please contact KPIT SYTIME for the detailed solution 3 17

4 Approach to Disaster Recovery 4 6 Before any disaster recovery solution is implemented, a Disaster Recovery program needs to be in place. It has to go beyond the recovery of an organization s IT system to include the restoration of key business processes that will enable the enterprise to resume product manufacturing, customer service, bill payments, and revenue collection. The scope of a Disaster Recovery plan must include an organization s entire value chain and a networking plan that covers recoverability, redundancy, and diversity. The process of creating a Disaster Recovery plan begins with determining the probability of the occurrence of an unexpected disaster. The next step involves estimating the business consequences and financial loss, and, at the same time, estimating the cost of preventing, preparing for, and controlling the disaster. At this stage, it is also important to quantify, as accurately as possible, the harm done to the business reputation and brand. Having done this, it is important to determine important Disaster Recovery metrics such as the Recovery Point Objective (RPO), the Recovery Time Objective (RTO), and minimum level of IT and business process capability required to resume mission-critical operations. Further, the creation of the Disaster Recovery plan involves determining the method of securing an organization s key data and evaluating whether on-site redundancy is enough or remote backups are required. It is important to note that while primary locations can be secured to a great extent, they cannot be protected against natural disasters and certain unexpected incidents. A remote disaster recovery center gives organizations safety in instances where their infrastructure and facilities are damaged. In the sections that follow, we will take a closer look at key components of a thorough Disaster Recovery program. Key Elements of a Disaster Recovery Program Gaining Consensus Having recognized the importance of putting a Disaster Recovery program in place, it is important to get a buy-in from key stakeholders on the objectives, scope, and policies of the program. With financial and human resources requiring to be committed to a Disaster Recovery program, the management has to find the right balance between the potential business loss as a result of a disaster and the cost of creating, implementing, and maintaining such a program. Assessing Risk This involves pinpointing and examining potential threats and vulnerabilities. Typically, an organization faces risk on account of natural disasters, acts of sabotage or large-scale mishaps, and technology failures. Each threat must then be analyzed to understand the probability of it occurring and the magnitude of risk it poses to the organization. This analysis provides a good indication of how risks should be prioritized and tackled. After identifying the threats to business continuity, organizations need to plan for risk prevention and control. This includes reviewing existing physical, infrastructural, and IT security vulnerabilities as well as robust reviews and testing of applications and communication networks. Analyzing the Impact on Business In a Disaster Recovery program, it is important to understand and quantify the impact of the loss of various business functions. It is also important to understand the requirements for recovery. This exercise enables the business to prioritize the recovery procedure in case of a disaster. Business functions can be categorized into one of the following: Critical: Interruptions to these functions will bring business to a stop and inflict heavy losses on the organization Essential: Interruptions to these functions would significantly hamper the organization s operations and capacity to function beyond a certain point Necessary: Interruptions to these functions would still allow the organization to function but without the required level of business impact Desirable: Interruptions to these functions wouldn t significantly hinder the organization s ability to conduct business

5 5 6 Once business functions have been prioritized, it becomes possible to set recovery benchmarks in terms of Recovery Time Objectives, Recovery Point Objectives, etc. It is critical to involve key stakeholders from each business function during this process because the impact analysis plays an important role in establishing recovery objectives and recovery resource requirements. Moreover, inputs from each business function help in estimating costs more accurately, which is critical in decision making for a Disaster Recovery program. Disaster Recovery Strategies A good Disaster Recovery program must include detailed plans on prevention, response, resumption, recovery, and restoration. Prevention: This includes measures to deter and prevent threats becoming interruptions. Investing in these deterrent and preventive controls has been found to be more prudent than attempting to recover after an interruption. Ideally, an effective Disaster Recovery program should focus on tackling as much of the risk as possible through deterrence and prevention while deploying a recovery strategy to tackle the less likely residual risk. Response: This deals with an organization s immediate reaction in the event of a disaster. If the interruption is unexpected, the first reaction would be to alert the concerned persons about the problem. If it is expected, then alerts can be issued prior to the occurrence. Timely alerts are crucial in such situations because they can minimize the damage to operations. That s why creating a well-documented and drilled alert procedure, which clearly specifies the chain of communication and the resulting action to be taken, is important. Having notified key stakeholders, the organization must assess the cause of the disruption, the scope of damage caused, the scope for damage control, the persons/services/systems affected, etc. With these inputs, the company can then start evaluating the severity of the disaster, the immediate impact of the event, the time it will take to get operations going again, and how and where to initiate remedial action. Resumption: A key step in a Disaster Recovery scenario is to establish an alternative control center different from the primary operating premises. Once this has been done, the organization must ascertain if it can resume mission-critical operations at the primary site or if they must be moved temporarily to the alternative center. Depending on the severity of the interruption, critical services are restored by creating/maintaining an infrastructure capable of supporting these critical business activities. Recovery: While the business and IT operations are restored based on their priority in the Disaster Recovery program, data is recovered from backup sources and rebuilt to a predetermined point to maintain the integrity of the data. After data has been recovered to a stable state, operations can resume while other supporting business functions also become operational. Restoration: Efforts to restore full functionality to the organization s primary operating infrastructure are undertaken while the recovery team operates concurrently from the alternative site. This restoration process needs to cover the physical infrastructure, IT infrastructure and systems, and applications and networks. Operational data must then be reloaded to the primary systems and tested for stability. Once a stable state has been achieved, the alternative site can gradually be scaled down while business operations are restored at the primary site. Importantly, the management must define a clear plan and schedule the implementation of the complete transition back to business as usual.

6 Summary 46 6 During our analysis of Disaster Recovery Plans, we have found that any organization can insure itself against any kind of disaster with a solid disaster recovery approach built on thorough assessment of key elements of disaster recovery program. To sum up, a successful Disaster Recovery plan requires inputs and contributions from the entire organization, from top to bottom, its technology partner, and even suppliers, vendors, and distributors. After all, it is only when technology processes, and people are tightly Integrated, that an organization can truly thrive. Copyright 2013, KPIT. All rights reserved. This document is provided for information purposes only and the contents hereof are subject to change without notice. This document may not be reproduced or transmitted in any form or by any means, electronic or mechanical, for any purpose, without our prior written permission.

Creating a Business Continuity Plan for your Health Center

Creating a Business Continuity Plan for your Health Center Creating a Business Continuity Plan for your Health Center 1 Page Left Intentionally Blank 2 About This Manual This tool is the result of collaboration between the Primary Care Development Corporation

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

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

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

Joint Universities Computer Centre Limited ( JUCC ) Information Security Awareness Training- Session Three Joint Universities Computer Centre Limited ( JUCC ) Information Security Awareness Training- Session Three Information Security- Perspective for Management Business Impact Analysis ( BIA ) and Business

More information

Success or Failure? Your Keys to Business Continuity Planning. An Ingenuity Whitepaper

Success or Failure? Your Keys to Business Continuity Planning. An Ingenuity Whitepaper Success or Failure? Your Keys to Business Continuity Planning An Ingenuity Whitepaper May 2006 Overview With the level of uncertainty in our world regarding events that can disrupt the operation of an

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

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

Disaster Recovery and Business Continuity What Every Executive Needs to Know

Disaster Recovery and Business Continuity What Every Executive Needs to Know Disaster Recovery and Business Continuity What Every Executive Needs to Know Bruce Campbell & Sandra Evans Contents Why you need DR and BC What constitutes a Disaster? The difference between disaster recovery

More information

NAVIGATING THROUGH A CATASTROPHIC DISASTER:

NAVIGATING THROUGH A CATASTROPHIC DISASTER: NAVIGATING THROUGH A CATASTROPHIC DISASTER: The five most common mistakes in business continuity planning As we continue to send our thoughts and prayers to the Japanese people, many of us are also reflecting

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

University of Michigan Disaster Recovery / Business Continuity Administrative Information Systems 4/6/2004 1

University of Michigan Disaster Recovery / Business Continuity Administrative Information Systems 4/6/2004 1 University of Michigan Disaster Recovery / Business Continuity Administrative Information Systems. 1 Michigan Administrative Information Services (MAIS) MAIS is responsible for the production support of

More information

DISASTER RECOVERY PLANNING GUIDE

DISASTER RECOVERY PLANNING GUIDE DISASTER RECOVERY PLANNING GUIDE AN INTRODUCTION TO BUSINESS CONTINUITY PLANNING FOR JD EDWARDS SOFTWARE CUSTOMERS www.wts.com WTS Disaster Recovery Planning Guide Page 1 Introduction This guide will provide

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

Offsite Disaster Recovery Plan

Offsite Disaster Recovery Plan 1 Offsite Disaster Recovery Plan Offsite Disaster Recovery Plan Presented By: Natan Verkhovsky President Disty Portal Inc. 2 Offsite Disaster Recovery Plan Introduction This document is a comprehensive

More information

Disaster Recovery Plan Checklist

Disaster Recovery Plan Checklist Disaster Recovery Plan Checklist Your guide for setting up or updating a Disaster Recovery Plan for your business. ArcSource Disaster Recovery Plan Checklist 1. Compile Your Internal Contacts Information

More information

Disaster Recovery and Business Continuity Plan

Disaster Recovery and Business Continuity Plan Disaster Recovery and Business Continuity Plan Table of Contents 1. Introduction... 3 2. Objectives... 3 3. Risks... 3 4. Steps of Disaster Recovery Plan formulation... 3 5. Audit Procedure.... 5 Appendix

More information

ACTUALLY TEST YOUR PLAN. Disaster Recovery using Shadow Protect. March Madness Lunch & Learn. www.martinandassoc.com 1 AGENDA

ACTUALLY TEST YOUR PLAN. Disaster Recovery using Shadow Protect. March Madness Lunch & Learn. www.martinandassoc.com 1 AGENDA AGENDA BEYOND BACKUP ENSURING RECOVER-ABILITY Identify and Quantify Exposure Risk Evolution of Recovery Technologies Build a Recover-Ability Solution Joe Gast Martin & Associates Maintenance Testing &

More information

Disaster Recovery. How to Create a Robust Disaster Recovery Plan.

Disaster Recovery. How to Create a Robust Disaster Recovery Plan. Disaster Recovery. How to Create a Robust Disaster Recovery Plan. Today s agenda The drivers behind a DR Plan Disaster Recovery Fundamentals Risk analysis for Small Business & NFP Steps to build a robust

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

Chapter III: Business Impact Analysis

Chapter III: Business Impact Analysis Objectives Chapter III: Business Impact Analysis Examine objectives of Business Impact Analysis (BIA) Define resource, outage, disruption and impact Define Recovery Time Objective (RTO) Define Recovery

More information

Managing business risk

Managing business risk Managing business risk What senior managers need to know about business continuity bell.ca/businesscontinuity Information and Communications Technology (ICT) has become more vital than ever to the success

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

Chapter I: Fundamentals of Business Continuity Management

Chapter I: Fundamentals of Business Continuity Management Chapter I: Fundamentals of Business Continuity Management Objectives Define Business Continuity Management (BCM) Define the relationship between BCM and risk management Review BCM responsibilities Identify

More information

Business Continuity Part 2 Converting Risk Assessments to Risk Mitigation Activities to Business Recovery Plans

Business Continuity Part 2 Converting Risk Assessments to Risk Mitigation Activities to Business Recovery Plans Business Continuity Part 2 Converting Risk Assessments to Risk Mitigation Activities to Business Recovery Plans Howard Pierpont Intel Corporation Hillsboro, OR Jan 2005 Corporate Business Principles Intel

More information

Ensure Absolute Protection with Our Backup and Data Recovery Services. ds-inc.com (609) 655 1707

Ensure Absolute Protection with Our Backup and Data Recovery Services. ds-inc.com (609) 655 1707 Ensure Absolute Protection with Our Backup and Data Recovery Services ds-inc.com (609) 655 1707 Ensure Absolute Protection with Our Backup and Data Recovery Services STAY PROTECTED WITH OUR BACKUP AND

More information

a Disaster Recovery Plan

a Disaster Recovery Plan Construction of a Disaster Recovery Plan David Godwin, Sr. Sales Engineer March 18, 2014 Objectives Understand What Disaster Recovery is? Why is Disaster Recovery Needed? Effectively assist customers or

More information

Building a Disaster Recovery Program By: Stieven Weidner, Senior Manager

Building a Disaster Recovery Program By: Stieven Weidner, Senior Manager Building a Disaster Recovery Program By: Stieven Weidner, Senior Manager Part two of a two-part series. If you read my first article in this series, Building a Business Continuity Program, you know that

More information

With 57% of small to medium-sized businesses (SMBs) having no formal disaster

With 57% of small to medium-sized businesses (SMBs) having no formal disaster Disaster Recovery For Business Owners Practical Guidance for a Critical Operation With 57% of small to medium-sized businesses (SMBs) having no formal disaster recovery plan (Symantec, 2011), and 52% believing

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

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

Business Continuity Planning 101. +1 610 768-4120 (800) 634-2016 www.strohlsystems.com info@strohlsystems.com

Business Continuity Planning 101. +1 610 768-4120 (800) 634-2016 www.strohlsystems.com info@strohlsystems.com Business Continuity Planning 101 Presentation Overview What is business continuity planning Plan Development Plan Testing Plan Maintenance Future advancements in BCP Question & Answer What is a Disaster?

More information

Disaster Recovery Planning

Disaster Recovery Planning Disaster Recovery Planning NOW or NEVER Disaster Recovery Team Aura Advanced Technologies Aura Advanced Technologies Inc 1301-1121 Sixth Avenue SW Calgary, Alberta T2P 5J4 Phone: 403-269-6123 Fax: 403-269-6169

More information

Whitepaper. Disaster Recovery as a Service (DRaaS): A DR solution for all

Whitepaper. Disaster Recovery as a Service (DRaaS): A DR solution for all Whitepaper Disaster Recovery as a Service (DRaaS): A DR solution for all Disaster Recovery as a service: A DR solution for all Disaster Recovery (DR) is more important today than ever before. Why? Because

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

SAFETY FIRST. Emerging Trends in IT Disaster Recovery. By Cindy LaChapelle, Principal Consultant. www.isg-one.com

SAFETY FIRST. Emerging Trends in IT Disaster Recovery. By Cindy LaChapelle, Principal Consultant. www.isg-one.com SAFETY FIRST Emerging Trends in IT Disaster Recovery By Cindy LaChapelle, Principal Consultant www.isg-one.com INTRODUCTION Against a backdrop of increasingly integrated and interdependent global service

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

WHITE PAPER. The 5 Critical Steps for an Effective Disaster Recovery Plan

WHITE PAPER. The 5 Critical Steps for an Effective Disaster Recovery Plan WHITE PAPER The 5 Critical Steps for an Effective Disaster Recovery Plan 2 WHITE PAPER The 5 Critical Planning Steps For An Effective Disaster Recovery Plan Introduction In today s climate, most enterprises

More information

IT Disaster Recovery Plan Template

IT Disaster Recovery Plan Template HOPONE INTERNET CORP IT Disaster Recovery Plan Template Compliments of: Tim Sexton 1/1/2015 An information technology (IT) disaster recovery (DR) plan provides a structured approach for responding to unplanned

More information

<Client Name> IT Disaster Recovery Plan Template. By Paul Kirvan, CISA, CISSP, FBCI, CBCP

<Client Name> IT Disaster Recovery Plan Template. By Paul Kirvan, CISA, CISSP, FBCI, CBCP IT Disaster Recovery Plan Template By Paul Kirvan, CISA, CISSP, FBCI, CBCP Revision History REVISION DATE NAME DESCRIPTION Original 1.0 2 Table of Contents Information Technology Statement

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

Implementing Disaster Recovery? At What Cost?

Implementing Disaster Recovery? At What Cost? Implementing Disaster Recovery? At What Cost? Whitepaper Viktor Babkov Technical Director Business Continuity Copyright Business Continuity May 2010 In today s environment, minimizing IT downtime has become

More information

EMC RECOVERPOINT: BUSINESS CONTINUITY FOR SAP ENVIRONMENTS ACROSS DISTANCE

EMC RECOVERPOINT: BUSINESS CONTINUITY FOR SAP ENVIRONMENTS ACROSS DISTANCE White Paper EMC RECOVERPOINT: BUSINESS CONTINUITY FOR SAP ENVIRONMENTS ACROSS DISTANCE Applied Technology Abstract Business continuity is a critical component of any enterprise data protection strategy

More information

Business Risk Consulting Group. Strengthening Business Resilience

Business Risk Consulting Group. Strengthening Business Resilience Business Risk Consulting Group Strengthening Business Resilience From our board of directors viewpoint on corporate governance, the business impact analysis allowed us to demonstrate that we had considered,

More information

The PNC Financial Services Group, Inc. Business Continuity Program

The PNC Financial Services Group, Inc. Business Continuity Program The PNC Financial Services Group, Inc. Business Continuity Program subsidiaries) 1 Content Overview A. Introduction Page 3 B. Governance Model Page 4 C. Program Components Page 4 Business Impact Analysis

More information

Template Courtesy of: Cloudnition LLC 55 W. 22 nd St Suite 115 Lombard, IL 60148 (630) 297-4090 www.cloudnition.com

Template Courtesy of: Cloudnition LLC 55 W. 22 nd St Suite 115 Lombard, IL 60148 (630) 297-4090 www.cloudnition.com Template Courtesy of: Cloudnition LLC 55 W. 22 nd St Suite 115 Lombard, IL 60148 (630) 297-4090 www.cloudnition.com 1 1.1 Introduction 1.2 Purpose 1.3 Priorities 2.1 About your business 2.1.1 Business

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

Documentation. Disclaimer

Documentation. Disclaimer HOME UTORprotect DOCUMENTATION AMS/ROSI SERVICES CONTACT Documentation Disaster Recovery Planning Disaster Recovery Planning Disclaimer The following project outline is provided solely as a guide. It is

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

Interactive-Network Disaster Recovery

Interactive-Network Disaster Recovery Interactive-Network Disaster Recovery BACKGROUND IT systems are vulnerable to a variety of disruptions, ranging from mild (e.g., short-term power outage, disk drive failure) to severe (e.g., terrorism,

More information

Oracle Maps Cloud Service Enterprise Hosting and Delivery Policies Effective Date: October 1, 2015 Version 1.0

Oracle Maps Cloud Service Enterprise Hosting and Delivery Policies Effective Date: October 1, 2015 Version 1.0 Oracle Maps Cloud Service Enterprise Hosting and Delivery Policies Effective Date: October 1, 2015 Version 1.0 Unless otherwise stated, these Oracle Maps Cloud Service Enterprise Hosting and Delivery Policies

More information

White Paper AN INTRODUCTION TO BUSINESS CONTINUITY PLANNING AND SOLUTIONS FOR IT AND TELECOM DECISION MAKERS. Executive Summary

White Paper AN INTRODUCTION TO BUSINESS CONTINUITY PLANNING AND SOLUTIONS FOR IT AND TELECOM DECISION MAKERS. Executive Summary AN INTRODUCTION TO BUSINESS CONTINUITY PLANNING AND SOLUTIONS FOR IT AND TELECOM DECISION MAKERS Executive Summary Today s businesses rely heavily on voice communication systems and data networks to such

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

CRISC Glossary. Scope Note: Risk: Can also refer to the verification of the correctness of a piece of data

CRISC Glossary. Scope Note: Risk: Can also refer to the verification of the correctness of a piece of data CRISC Glossary Term Access control Access rights Application controls Asset Authentication The processes, rules and deployment mechanisms that control access to information systems, resources and physical

More information

Skelta BPM and High Availability

Skelta BPM and High Availability Skelta BPM and High Availability Introduction Companies are now adopting cloud for hosting their business process management (BPM) tools. BPM on cloud can help control costs, optimize business processes

More information

Continuity of Business

Continuity of Business White Paper Continuity of Business SAS Continuity of Business initiative reflects our commitment to our employees, to our customers, and to all of the stakeholders in our global business community to be

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

The Benefits of Continuous Data Protection (CDP) for IBM i and AIX Environments

The Benefits of Continuous Data Protection (CDP) for IBM i and AIX Environments The Benefits of Continuous Data Protection (CDP) for IBM i and AIX Environments New flexible technologies enable quick and easy recovery of data to any point in time. Introduction Downtime and data loss

More information

Business resilience: The best defense is a good offense

Business resilience: The best defense is a good offense IBM Business Continuity and Resiliency Services January 2009 Business resilience: The best defense is a good offense Develop a best practices strategy using a tiered approach Page 2 Contents 2 Introduction

More information

Business Continuity Management in M&D

Business Continuity Management in M&D December 2015 Business Continuity Management in M&D Addressing Inventory and Supply Chain Challenges By Raj Chaudhary, CGEIT, CRISC, Jeffrey Whiteside, CISSP, and Christopher R. Wilkinson, CISSP, CRISC

More information

Top 7. Best Practices for Business Continuity

Top 7. Best Practices for Business Continuity Business continuity undoubtedly is at or near the very top of every IT organization s list of strategic initiatives, considering the dramatic costs and implications of downtime. Here are some best practices

More information

What You Need to Know About Cloud Backup: Your Guide to Cost, Security, and Flexibility

What You Need to Know About Cloud Backup: Your Guide to Cost, Security, and Flexibility Your Guide to Cost, Security, and Flexibility What You Need to Know About Cloud Backup: Your Guide to Cost, Security, and Flexibility 10 common questions answered Over the last decade, cloud backup, recovery

More information

NUMBER: IA-643 CREDIT HOURS: 3 PREREQUISITE: IA

NUMBER: IA-643 CREDIT HOURS: 3 PREREQUISITE: IA Syllabus COURSE TITLE: Disaster Recovery and Business Continuity COURSE NUMBER: IA-643 CREDIT HOURS: 3 PREREQUISITE: IA 642 Enterprise Security IA 622 Risk Vulnerability Physical Assessment Course Description:

More information

Table of contents. Maintaining Continuity of Operations with a Disaster Tolerance Strategy

Table of contents. Maintaining Continuity of Operations with a Disaster Tolerance Strategy Maintaining Continuity of Operations with a Disaster Tolerance Strategy IT risks must now be considered as serious as any other significant business risk. Business white paper Table of contents Executive

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

Building a strong business continuity plan

Building a strong business continuity plan Building a strong business continuity plan Protect your clients and firm with a well-planned business continuity plan A solid business continuity plan (BCP) is about more than simply staying in compliance.

More information

Proposal for Business Continuity Plan and Management Review 6 August 2008

Proposal for Business Continuity Plan and Management Review 6 August 2008 Proposal for Business Continuity Plan and Management Review 6 August 2008 2008/8/6 Contents About Newton IT / Quality of our services. BCM & BS25999 Overview 2. BCM Development in line with BS25999 3.

More information

CITY UNIVERSITY OF HONG KONG Business Continuity Management Standard

CITY UNIVERSITY OF HONG KONG Business Continuity Management Standard PUBLIC Version: 1.0 CITY UNIVERSITY OF HONG KONG Business Continuity Management Standard (Approved by the Information Strategy and Governance Committee in December 2013; revision 1.1 approved by Chief

More information

Abhi Rathinavelu Foster School of Business

Abhi Rathinavelu Foster School of Business Abhi Rathinavelu Foster School of Business What is Disaster? A disaster is considered any incident or event that results in a major interruption of business operations Major: Earthquake >5.0, Volcanic

More information

Protecting your Enterprise

Protecting your Enterprise Understanding Disaster Recovery in California Protecting your Enterprise Session Overview Why do we Prepare What is? How do I analyze (measure) it? What to do with it? How do I communicate it? What does

More information

Business Continuity Glossary

Business Continuity Glossary Developed In Conjuction with Business Continuity Glossary ACTIVATION: The implementation of business continuity capabilities, procedures, activities, and plans in response to an emergency or disaster declaration;

More information

How to measure your business resiliency

How to measure your business resiliency How to measure your business resiliency Define the KPI s/kri s and scorecards to control your security and business continuity capabilities Krzysztof Pulkiewicz BCMLogic krzysztof.pulkiewicz@bcmlogic.com

More information

HA / DR Jargon Buster High Availability / Disaster Recovery

HA / DR Jargon Buster High Availability / Disaster Recovery HA / DR Jargon Buster High Availability / Disaster Recovery Welcome to Maxava s Jargon Buster. Your quick reference guide to Maxava HA and industry technical terms related to High Availability and Disaster

More information

Four Steps to Disaster Recovery and Business Continuity using iscsi

Four Steps to Disaster Recovery and Business Continuity using iscsi White Paper Four Steps to Disaster Recovery and Business Continuity using iscsi It s a fact of business life physical, natural, and digital disasters do occur, and they interrupt operations and impact

More information

Staying In Business. A Business Continuity White Paper by. Paul O Brien and Gerard Joyce. LinkResQ Limited

Staying In Business. A Business Continuity White Paper by. Paul O Brien and Gerard Joyce. LinkResQ Limited Staying In Business A Business Continuity White Paper by Paul O Brien and Gerard Joyce LinkResQ Limited Contents: Introduction. 2 What is Business Continuity? 2 Loss Events = Opportunities for Disaster..

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

Huawei Business Continuity and Disaster Recovery Solution

Huawei Business Continuity and Disaster Recovery Solution Huawei Business Continuity and Disaster Recovery Solution Contents 01 Great Challenges to Business Continuity and Disaster Recovery 02 Huawei Business Continuity and Disaster Recovery Solution 02 Application

More information

Our Business Continuity Solutions Ensure Long-Term Success

Our Business Continuity Solutions Ensure Long-Term Success Hill Country Our Business Continuity Solutions Ensure Long-Term Success Hill Country Our Business Continuity Solutions Ensure Long-Term Success Why Business Continuity Planning Matters Whether you own

More information

Cloud Computing Disaster Recovery (DR)

Cloud Computing Disaster Recovery (DR) Cloud Computing Disaster Recovery (DR) Dr. Sanjay P. Ahuja, Ph.D. 2010-14 FIS Distinguished Professor of Computer Science School of Computing, UNF Need for Disaster Recovery (DR) What happens when you

More information

Business Continuity Management

Business Continuity Management Business Continuity Management cliftonlarsonallen.com Introductions Brian Pye CliftonLarsonAllen Senior Manager Business Risk Services group 15 years of experience with Business Continuity Megan Moore

More information

How to Design and Implement a Successful Disaster Recovery Plan

How to Design and Implement a Successful Disaster Recovery Plan How to Design and Implement a Successful Disaster Recovery Plan Feb. 21 ASA Office-Administrative Section is Sponsored by Today s ASAPro Webinar is Brought to You by the How to Ask a Question Questions

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

White Paper. Managed IT Services as a Business Solution

White Paper. Managed IT Services as a Business Solution White Paper Managed IT Services as a Business Solution 1 TABLE OF CONTENTS 2 Introduction... 2 3 The Need for Expert IT Management... 3 4 Managed Services Explained... 4 5 Managed Services: Key Benefits...

More information

Solving the Business Continuity Puzzle

Solving the Business Continuity Puzzle Solving the Business Continuity Puzzle Chris Copeland Assoc. Business Continuity Professional (ABCP) January 11, 2011 Session Overview Topics we will cover today: 1. Defining Business Continuity (BC) &

More information

Flinders University IT Disaster Recovery Framework

Flinders University IT Disaster Recovery Framework Flinders University IT Disaster Recovery Framework Establishment: Flinders University, 1 August 2013 Last Amended: Manager, ITS Security Services, 4 October 2013 Nature of Amendment: Initial release Date

More information

Best Practices in Disaster Recovery Planning and Testing

Best Practices in Disaster Recovery Planning and Testing Best Practices in Disaster Recovery Planning and Testing axcient.com 2015. Axcient, Inc. All Rights Reserved. 1 Best Practices in Disaster Recovery Planning and Testing Disaster Recovery plans are widely

More information

EonStor DS remote replication feature guide

EonStor DS remote replication feature guide EonStor DS remote replication feature guide White paper Version: 1.0 Updated: Abstract: Remote replication on select EonStor DS storage systems offers strong defense against major disruption to IT continuity,

More information

Learn About SQL Server Disaster Recovery from Vas Srinivasan of Sonasoft.com

Learn About SQL Server Disaster Recovery from Vas Srinivasan of Sonasoft.com Learn About SQL Server Disaster Recovery from Vas Srinivasan of Sonasoft.com by Brad M. McGehee Disaster recovery is an important topic to DBAs. In this interview with Dr. Vas Srinivasan, Vice President

More information

CONTINUITY OF OPERATIONS AUDIT PROGRAM EVALUATION AND AUDIT

CONTINUITY OF OPERATIONS AUDIT PROGRAM EVALUATION AND AUDIT CONTINUITY OF OPERATIONS AUDIT PROGRAM EVALUATION AND AUDIT April 16, 2014 INTRODUCTION Purpose The purpose of the audit is to give assurance that the development of the Metropolitan Council s Continuity

More information

Guidelines for Maintaining Business Continuity for Your Organization

Guidelines for Maintaining Business Continuity for Your Organization Guidelines for Maintaining Business Continuity for Your Organization Protect your business from disruptions and keep your workforce productive. Every organization faces the possibility of disruptions.

More information

Five Secrets to SQL Server Availability

Five Secrets to SQL Server Availability Five Secrets to SQL Server Availability EXECUTIVE SUMMARY Microsoft SQL Server has become the data management tool of choice for a wide range of business critical systems, from electronic commerce to online

More information

IT Infrastructure is Key to Growth. Infrastructure nventory.

IT Infrastructure is Key to Growth. Infrastructure nventory. Introduction. The overall objective of an Information Technology (IT) Assessment is to evaluate whether an enterprise s current IT strategy is tightly coupled to the enterprise plans and challenges. Current

More information

Unit Guide to Business Continuity/Resumption Planning

Unit Guide to Business Continuity/Resumption Planning Unit Guide to Business Continuity/Resumption Planning (February 2009) Revised June 2011 Executive Summary... 3 Purpose and Scope for a Unit Business Continuity Plan(BCP)... 3 Resumption Planning... 4 Assumptions

More information

TO AN EFFECTIVE BUSINESS CONTINUITY PLAN

TO AN EFFECTIVE BUSINESS CONTINUITY PLAN 5 STEPS TO AN EFFECTIVE BUSINESS CONTINUITY PLAN Introduction The Snowpocalypse of 2015 brought one winter storm after another, paralyzing the eastern half of the United States. It knocked out power for

More information

The Disaster Recovery Maturity Framework

The Disaster Recovery Maturity Framework The Disaster Recovery Maturity Framework A guide for understanding and improving your company s resiliency www.axcient.com Climbing The Recovery Maturity Curve Businesses are critically reliant upon IT

More information

Business Continuity and Disaster Recovery Planning from an Information Technology Perspective

Business Continuity and Disaster Recovery Planning from an Information Technology Perspective Business Continuity and Disaster Recovery Planning from an Information Technology Perspective Presenter: David Bird, Director of Sales, Business Technology Consultant phone: 215-672-7100 email: dbird@quatro.com

More information

The case for cloud-based disaster recovery

The case for cloud-based disaster recovery IBM Global Technology Services IBM SmartCloud IBM SmartCloud Virtualized Server Recovery i The case for cloud-based disaster recovery Cloud technologies help meet the need for quicker restoration of service

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

Introduction UNDERSTANDING BUSINESS CONTINUITY MANAGEMENT

Introduction UNDERSTANDING BUSINESS CONTINUITY MANAGEMENT INFORMATION SECURITY: UNDERSTANDING BUSINESS CONTINUITY MANAGEMENT FACTSHEET This factsheet will introduce you to Business Continuity Management (BCM), which is a process developed to counteract systems

More information

THE NEXT GENERATION OF DATA INSURANCE

THE NEXT GENERATION OF DATA INSURANCE THE NEXT GENERATION OF DATA INSURANCE High Indemnity and Broad Coverage Against Permanent Loss A Data Insurance Licensing Ltd. White Paper Version 2013.4.4 Data Insurance Licensing Ltd. THE NEXT GENERATION

More information

PBSi Business Continuity Planning

PBSi Business Continuity Planning Business Continuity Planning Definition Business Continuity planning is a planning process designed to reduce the risk that disruptive failures or events could seriously harm your business. It is designed

More information