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Business Continuity and Disaster Recovery - Risk Analysis and Control

In the risk evaluation phase, there are a vulnerabilities which would have the
number of key areas that must be covered. greatest impact on your critical business
One of the most important is to processes and the organization. This
understand probable threats. In an ideal starts to clarify and quantify potential
world, which most of us have noticed does losses, which helps to establish
not exist, we would identify and protect priorities.Following the identification
ourselves against all threats to ensure of the most probable threats and
that our business continues to survive. vulnerabilities, an analysis of existing
Obviously, we are constrained by other controls is needed. This spans physical
factors such as budgets, time and security as well as people, processes,
priorities and need to apply cost benefit data, communications and asset
analysis to ensure we are protecting the protection. Some controls such as
most critical business functions.A second physical security and data backup are
important step is to identify all obvious. Other controls required are
probable threats and prioritize them. often less obvious, but they can be
Threats, typically, can be classified in identified through the risk evaluation
several ways such as internal/external, process.Once the key building blocks of
man-made/natural, primary/secondary, critical business functions, most
accidental/intentional, controllable/not probable threats, vulnerabilities and
controllable, warning/no warning, controls are identified, the next stage
frequency, duration, speed of onset etc. is to develop an understanding of the
While classifying threats is helpful in probability of threats factored by the
terms of understanding their severity or impact of the threats. This
characteristics and potential controls, leads to the business impact analysis
grouping and understanding by business phase which establishes priorities for
impact is also important. Obviously, the protection.The goal is to minimize
same impact can result from a number of threats, impacts and downtime and to
different threats.Identifying mission mitigate any losses. Fundamentally, the
critical business processes and systems goal is to protect your people, protect
is another fundamental building block of your data, protect your vital
the business continuity plan. After your communications, protect your assets and
critical business processes and systems to protect your brand and reputation.
and probable threats are established, the Overall, of course, the goal is to ensure
next step is to identify vulnerabilities your business continues to operate and to
and loss potential. This requires an do it in a cost-effective way meeting
extensive scan of the organization to standards of reasonable and prudent
identify vulnerabilities and then judgment.
analysis to understand those




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