What is the need of Business Continuity Program? Explain different activities related to BCP.

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A business continuity plan (BCP) is a process that outlines the potential impact of disaster situations to business operations. It creates policies that respond to various situations to ensure a business is able to recover quickly after a crisis. The main goal of a BCP is to protect people, property and assets. It also helps position your organization to recover from unexpected business interruptions, property damage, financial impact and even loss of life following an emergency.

5 BENEFITS OF HAVING A BUSINESS CONTINUITY PLAN
 

1. Your business will be more prepared to handle the unexpected.

Businesses can’t expect employees to know the best ways to react during a crisis situation. Leaving each person to respond in his or her own way will, at best, only add to the confusion and at worst, lead to loss of life. A BCP will help document procedures well in advance of an emergency. This way, employees can receive training to protect themselves and make smart decisions without panicking.

2. Your business will have safeguards in place (in addition to insurance).

A common misconception is that businesses do not need a business continuity plan if they have insurance. The truth is that a business can’t always rely ________ ___ __ ____ _____________ _______.
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Degree : PG DIPLOMA PROGRAMMES
Course Name : PG Diploma in Information Security
Course Code : PGDIS
Subject Name : BCP, DR Planning and Audit
Subject Code : MSEI 26
Year : 2022