(a) IT disaster recovery team
The CEO and/or the Operations Manager will assemble an IT disaster recovery team to appraise the damage to the IT systems. This team will represent Zagga’s efforts to recover from an IT disaster. Members of the team will include the Operations Manager and such other Staff as he considers required.
(b) Plan of action
The disaster recovery team will do any or all of the following in any order or timeframe considered appropriate:
• Establish a reasonably located command centre for the team.
• Coordinate and make decisions.
• Handle all associated IT communication.
• Communicate status to Zagga Staff.
• Lead technical effort to restore systems and communications to operation.
• Assess hardware or lead purchasing efforts to replace hardware.
• Retrieve …show more content…
• Loss of revenue.
• Damage, loss (including through theft) of corporate cheque books, corporate credit cards and the like.
• Loss of cash.
(b) Financial requirements
The immediate financial needs of business must be addressed. These can include the following:
• Cash flow position.
• Temporary borrowing capability.
• Upcoming payments.
• Availability of corporate credit cards to pay for supplies and services required after the Major Event or the Risk.
(c) Financial issues management strategy
The CEO will implement a financial issues management plan in response to the financial assessment and to address the financial requirements.
4. Insurance
We recognise that, in addition to technical and organisational aspects of risk management, we also need appropriate insurance. Insurance is an integral element of our risk management framework and our BCP.
Listed below are the insurance policies we current have in place. [Note: To be completed once obtained (closer to obtaining ACL)]
Insurance type
Policy coverage
Policy exclu-sion
Insurance company and contact
Last review date
Payment due
Professional Indemnity
Directors and
The CEO and/or the Operations Manager will assemble an IT disaster recovery team to appraise the damage to the IT systems. This team will represent Zagga’s efforts to recover from an IT disaster. Members of the team will include the Operations Manager and such other Staff as he considers required.
(b) Plan of action
The disaster recovery team will do any or all of the following in any order or timeframe considered appropriate:
• Establish a reasonably located command centre for the team.
• Coordinate and make decisions.
• Handle all associated IT communication.
• Communicate status to Zagga Staff.
• Lead technical effort to restore systems and communications to operation.
• Assess hardware or lead purchasing efforts to replace hardware.
• Retrieve …show more content…
• Loss of revenue.
• Damage, loss (including through theft) of corporate cheque books, corporate credit cards and the like.
• Loss of cash.
(b) Financial requirements
The immediate financial needs of business must be addressed. These can include the following:
• Cash flow position.
• Temporary borrowing capability.
• Upcoming payments.
• Availability of corporate credit cards to pay for supplies and services required after the Major Event or the Risk.
(c) Financial issues management strategy
The CEO will implement a financial issues management plan in response to the financial assessment and to address the financial requirements.
4. Insurance
We recognise that, in addition to technical and organisational aspects of risk management, we also need appropriate insurance. Insurance is an integral element of our risk management framework and our BCP.
Listed below are the insurance policies we current have in place. [Note: To be completed once obtained (closer to obtaining ACL)]
Insurance type
Policy coverage
Policy exclu-sion
Insurance company and contact
Last review date
Payment due
Professional Indemnity
Directors and