{"id":11254,"date":"2023-12-25T12:40:20","date_gmt":"2023-12-25T09:40:20","guid":{"rendered":"https:\/\/oberig-it.com\/?p=11254"},"modified":"2024-03-12T14:34:23","modified_gmt":"2024-03-12T11:34:23","slug":"6-steps-for-developing-a-business-continuity-plan","status":"publish","type":"post","link":"https:\/\/oberig-it.com\/en\/articles\/6-steps-for-developing-a-business-continuity-plan\/","title":{"rendered":"6 Steps for Developing a Business Continuity Plan"},"content":{"rendered":"

Every minute that your business is offline is expensive. While every business differs, you’ll find some guidelines for projecting your downtime costs in this post<\/span><\/a>. But there are other costs beyond dollars. Your reputation, for example, is hard to repair if you’re unavailable when your customers need you and your company name is front-page news. No company wants to be responsible for delivering a lesson in security to the rest of its industry, as noted in the headline of a Forbes article about the Colonial Pipelin<\/span><\/a>e<\/span> hack.<\/p>\n

The best way to avoid these costs is through business continuity planning, including data backup and disaster recovery plans<\/strong>. That way, if any disaster strikes\u2014from a ransomware attack to a hurricane\u2014you know what to do and have the tools to keep your business<\/strong> running. With that in mind, let’s look at the specific areas you need to address as you develop your plan\u2014and how you can ensure it will be effective if and when it is required.<\/p>\n

1. Assess Your Risks<\/strong>
\nRegardless of your company’s size or structure, you must understand where your risks lie to reduce or eliminate them<\/strong>. You’ll want to list every potential threat to your business operations so you can consider how to mitigate those risks most effectively. Risk assessment should be a team effort, addressing every aspect of your operations and every kind of threat<\/strong>, including:<\/p>\n