Business continuity plan: salvation in a crisis

What is the right way to create a successful company, stable in the long term and resistant to unexpected challenges (of which there are more and more)? Without a doubt – the introduction of BCMS.

Business continuity refers to the ability of an organization to continue its operations after unforeseen events such as natural disasters, terrorist attacks, cyber attacks, equipment failures, etc. Business continuity planning involves identifying key business functions, assessing risks, creating business continuity plans and testing those plans.

Today, companies are increasingly faced with a number of potential threats, from natural disasters to increasingly frequent cyberattacks, which can threaten their business and financial stability. Although such threats cannot be predicted, it is possible to prepare for them by implementing a Business Continuity Management System (BCMS). This system enables companies to continue operations during crisis situations and minimize losses.

The Ponemon Institute, an American data protection and information security think tank, found that companies without a business continuity plan face an average cost of $5.97 million in the event of a data breach, while the costs for companies with a plan are $3.29 million. In addition to reducing financial losses, business continuity increases the trust of stakeholders and strengthens the company’s reputation.

The use of cloud services is growing worldwide due to the numerous advantages that such business brings. Cloud technologies enable improved availability of data and applications, fast recovery and business continuity, cyber security protection, scalability and adaptability, and facilitated testing of business continuity plans. By using cloud servers in different locations, companies can ensure the availability of their data and applications even during outages. In the event of an outage, cloud technologies enable the rapid transfer of data to secondary locations, which ensures business continuity until the primary location is restored. Cloud servers are located in secure data centers with advanced security systems and trained experts, providing a higher level of protection. Cloud technologies allow companies to adjust IT infrastructure and data storage capacity according to needs, which is useful during changes in business. They also make it easier to test business continuity plans and simulate outages, ensuring the effectiveness of crisis response strategies.

Don’t wait until it’s too late to introduce a Business Continuity Management System!

With professional help and the use of cloud services, the company can establish a plan adapted to its needs. Fast recovery, protection against cyber threats and scaling of operations make cloud services a reliable solution for protecting your business. Investing in business continuity will ensure your company’s longevity, resilience and success in the face of unexpected challenges.