Creating an effective Business Continuity Plan (BCP)

The question is not whether a disaster will happen, not even when it will happen, but if you will be prepared when it does happen.

By nature, human beings tend to think that negative situations will happen to everyone but themselves. The problem with that way of thinking is that even when they know about the histories of other companies that have lost everything after a cyber attack, only a few companies will invest in a plan to ensure the continuity of their business after a cyber incident.

The three main drivers for companies to create a BCP are as follows:

• Those that are based on regulatory requirements from governments or international agencies
• A contractual requirement from the clients
• Self-awareness of the value of the BCP

Now, I know how hard it is to get the funding and resources required to create an effective BCP, so here are some key points gathered by market research experts (such as the Gartner...