Business Ontinuitning Essay

684 Words Mar 5th, 2015 3 Pages
Business Continuity Planning

There are a few different definitions of Business Continuity Planning. Business Continuity refers to the activities required to keep your organization running during a period of displacement or interruption of normal operation. Business continuity plan is a collection of procedures and information which is developed, compiled and maintained in readiness for use in the event of an emergency or disaster. Whatever the definition, every business needs to have a continuity plan in case something happens to their data and information. A business continuity plan is different to a Disaster Recovery plan in that a disaster recovery plan is enacted after the disaster has happened.
“A typical Business continuity plan
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Cold Site- An empty facility located offsite with necessary infrastructure ready for installation in the event of a disaster.
Mutual Backup- Two organizations with similar system configuration agreeing to serve as a backup site to each other.
Hot Site- A site with hardware, software and network installed and compatible to production site.
Remote Journaling- Online transmission of transaction data to backup system periodically to minimize loss of data and reduce recovery time.
Mirrored Site- A site equipped with a system identical to the production system with mirroring facility. Data is mirrored to backup system immediately. Recovery is transparent to users.
The Business Continuity Plan has six steps involved in the process: Project Initiation, Business Analysis, Design and Development, Implementation, Testing and Maintenance. Each step is no less important than the other. Below is a description on how a company would set up their Business Continuity Plan.
“1. Project Initiation
- Define Business Continuity Objective and Scope of coverage.
- Establish a Business Continuity Steering Committee.
- Draw up Business Continuity Policies.
2. Business Analysis
- Perform Risk Analysis and Business Impact Analysis.
- Consider Alternative Business Continuity Strategies.
- Carry out Cost-Benefit Analysis and select a Strategy.
- Develop a Business Continuity Budget.
3. Design and Development (Designing the

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