As we head into the second half of 2023, there are several business continuity trends that organizations should be aware of. From increased ransomware attacks to geopolitical instability, it’s important to prepare for these potential challenges to ensure your business can continue to operate in the face of adversity. In this article, we’ll discuss the …
How to Conduct a Business Impact Analysis
Imagine a significant disruption, such as a cyberattack, a natural disaster, or a pandemic, hit your business. How would you cope with losing data, customers, revenue, or reputation? How would you recover your operations and resume your normal activities? How would you prevent or minimize the impact of such events in the future? These are …
7 Advantages of Regular Crisis & Continuity Exercises
Have you ever spent time assembling a crack crisis management & business continuity program, only to discover that leaders weren’t willing to invest the time to conduct crisis exercises? A few years ago, we worked with a large organization that invested significantly in building a robust crisis management & business continuity program with us. They …
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9 Best Practices for Building Resilience Against Disruptions
In today’s rapidly changing business landscape, the ability to withstand and quickly bounce back from disruptions has become more important than ever. The evolving nature of risks – from cyber threats to natural disasters, global pandemics, and supply chain disruptions – have spotlighted the critical need for businesses to implement business resilience best practices. Building …
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Shifting your Disaster Recovery Strategy to the Cloud
In our fast-paced, digitally-driven world, the importance of robust disaster recovery strategies cannot be overstated. An unforeseen disruption, like a data breach or a natural disaster, can severely impact an organization’s operations, reputation, and bottom line. As such, it’s crucial to have an effective plan in place to recover and resume business as quickly as …
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3 Business Impact Analysis (BIA) Mistakes to Avoid
“You hit home runs not by chance but by preparation”- Roger Maris If you want to hit a home run within your organization with your business continuity program, then you need to prepare by conducting a proper business impact analysis and learning how to avoid costly BIA mistakes. When done right, the business impact analysis …
Help! My Business Continuity Program is Stuck!
I’m not known for giving advice with an extra helping of sugar- just ask my family. So when clients come to us for help because their business continuity program is stuck, my answer is usually one of three things. Your business continuity program is misaligned with your business’s objectives Business continuity is just one of …
Business Continuity Planning in Healthcare
To quote Warren Buffet, “it takes 20 years to build a reputation and only 5 seconds to destroy it.” It’s a truth the people at Common Spirit, one of the largest nonprofit health systems in the U.S., will likely soon be attesting to. They were the target of a recent ransomware incident that brought their …