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Submitted by anitaRiskpro on November 26, 2022

What is Business Continuity and Disaster Recovery?

A collection of procedures and methods known as "Business Continuity and Disaster Recovery” is used to help an organization in recovering from a disaster and continuing or resuming regular business activities.

Both Business Continuity (BC) and Disaster Recovery (DR) procedures are necessary for an organization to continue operating after an incident. BCDR aims to reduce risk and restore operations to as close to normal as feasible in the event of an unexpected disruption. These procedures also lessen the probability of emergencies occurring and the risk of data loss, both of which contribute to preserving and even enhancing the organization's reputation.

What Is a Business Continuity Plan?

A business continuity plan outlines the strategy and process that will be used to keep operations running in the case of an emergency.

What Is a Disaster Recovery Plan?

A disaster recovery plan is a set of guidelines for resuming normal business operations after a system breakdown or security breach with the least amount of disruption possible.

Steps to Creating a Business Continuity and Disaster Recovery Plan

Business Continuity Plan

  • Create a team
  • Analyze the influence on business.
  • Plan and strategize how your company will react to and recover from a disaster.
  • Organize and backup your critical data.
  • Create a business continuity strategy.
  • When using training scenarios, test the plan.
  • A plan should be modified as necessary based on training results.

 

Disaster Recovery Plan

  • Analyze the business impact of a disaster and define its extent, assets, operational impact, and influence on operations.
  • Identify the "acceptable" level of downtime for business operations.
  • Describe the recovery strategy for the important apps and services.
  • Create a plan, present it to others, and assigns tasks.
  • Plan a site for disaster recovery.
  • Secure your network, systems, applications, and data access strategies in case of a disaster.
  • Test, modify, and test again your BCDR plan.

 

Why is BC/DR important?

Minimizing the impact of outages and disruptions on business operations is the responsibility of Business Continuity and Disaster Recovery. Business Continuity and Disaster Recovery techniques help a company recover quickly from issues, lower the risk of data loss and damage to its reputation, and improve operations while reducing the probability of emergencies.

In order to ensure that their regular operations can continue in the event of a disaster and to assist companies in disaster preparation, companies should implement Business Continuity and Disaster Recovery. This can assist a business in being profitable even in the event of a disaster. Other factors for creating a Business Continuity and Disaster Recovery plan include:

  • Reducing the risk of disaster
  • Reducing loss of data
  • Reducing technology failures
  • Lowering the possibility of operational gaps

 

What is the difference between Business Continuity and Disaster Recovery?

  • Disaster recovery focuses on recovering data access and IT infrastructure after a disaster, whereas business continuity focuses on keeping operations running throughout a disaster.
  • Effective business continuity plans reduce operational downtime, while effective disaster recovery plans reduce unnatural or inefficient system operations.
  • In the middle of a crisis, a business continuity plan helps guarantee that communication tools like phones and network servers continue to function. A disaster recovery plan, meanwhile, helps in ensuring that a company can resume normal operations following a tragedy.

 

Conclusion

The term "business continuity and disaster recovery," or "BCDR," is becoming more popular as a result of a growing understanding among businesses. Organizations must be ready for any crisis that could harm their data and disrupt company operations. You may reduce risks, reduce downtime, and ensure that your sensitive data is rapidly recovered after a disruptive occurrence by having a well-developed BCDR plan.

 

Author

Anita Jagasia

Senior Manager – Marketing & Operations

RiskPro India