When Considering a Business Continuity Plan A

8/14/2019 When Considering a Business Continuity Plan A

1/8

1. Know your business

4.TestthePlan

2.Assess

therisks

3. Formulate the Plan

BusinessContinuity

Management

Did you know?20%ofallcompanieswill sufferfire,theft,floodorstorm damage,powerfailure,terrorism orhardware/softwaredisaster. OfthosewithoutaBusiness

ContinuityManagementPlan (BCMP);

-43%willneverre-open

-80%failwithin13months

-53%neverrecoupthelosses incurredbyadisaster [Source:Aveco]

90%ofbusinessesthatlose dataasaresultofadisasterare forcedtoshutdownwithinthree yearsofthedisaster.

Lessthan50%ofallbusinesses haveaBCMP.

43%ofcompaniesthatdohave aBCMPdonottestitannually.

[Source:LondonChamberofCommerce]

Issue date: 02/10

How would an unscheduledinterruption affect yourbusiness?There are many unforeseen events thatcould render your business helpless:

fireorflooddamagetobuildingpowerorcommunicationsfailurevirusattackorIThardwarefailuretheftormaliciousdamage

Attempting to restart your business aftersuch a disruption can, in some cases,take weeks, if not months. The impactfrom this generally results in one or

more of the following situations:

staffsenthome(onfullpay)lossofcommunicationswithclients andsuppliersinabilitytotradepotentiallossofclientsunrecoverabledamagetobusiness

For your business to survive a seriousdisruption it is essential to re-establishthe business-critical functions asquickly and effectively as possible.

WhenconsideringaBusinessContinuityPlanacompanyshouldfirstconsiderthecostofnothavingoneinplace.

Business continuity -the benefits

Protect sensitive data includingemails, client records and confidentialcorrespondence.

Respond quickly to downtimeandreturn to normal operations with aminimal effect on client service.

Ensure regulatory compliance

and standards, industry good practiceand data protection and retentionrequirements.

20% of all companieswill suffer a major

business disruption.


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KEEPING YOUR BUSINESS IN BUSINESS

BUSINESS CONTINUITY MANAGEMENT

The SolutionTheContinuumprovidesanaffordableBusinessContinuityServicefortheSME

market.Itprovidesbespokesolutionsforyourindividualrequirementsandensuresminimaldisruptiontoyourbusinessoperations.

Facilitiesavailableinclude:

full workplace recovery

pre-equipped workstations

full high speed internet connectivity

telephony including DDI & VOIP

fax, print & copying facilities

secure server rooms

dedicated rack space

full technical support

meeting & conference rooms

rest area & kitchen facilities

easy access & on-site parking

secure storage & warehousing

TheContinuumiscentrallypositionedbetweenLeedsandManchesterontheM62corridor,ideallylocatedfornorthernbasedcompanies.

PrinceWilliamHouse,3CliftonVillas,BradfordBD87BYTel:01274772244

For further details please contact: 01274 772244or email: [email protected]


3/8


4.Testthe

Plan

2.Assess

the

risks


BusinessContinuity

Management

Did you know?FromJuly2007TheSolicitorsRegulatory Authority Code of ConductmadeBusinessContinuityManagement(BCM)mandatoryforlegalfirmsinEnglandandWales.

TheSRACodeofConductstates: Allconfidentialinformationmustbe appropriatelyprotectedoncomputer systems.

Practiceriskmanagementassessment shouldincludetheriskstoITsystems anddata. Continuityplansinplacetoensure yourpracticecancontinueinthe eventofamajordisruption.

The Law Societys Lexcel Practice

Management Standardrequires BusinessContinuityManagementPlans tobeinplace.Thisaccreditationallows anytypeandsizeofpracticetobesubject toindependentassessmenttocertify thattheyarebeingdelivered.

Issue date: 02/10

legal services








The average legalpractice has thehighest percentage ofrevenue generatingworkers per companyof any major industryin the world.

Business continuity -the benefits Protect confidential data including

emails, client records and case files.

Maximise billable hours withmaximum availability of business-critical applications such as emailservices and document or casemanagement systems.

Respond quickly to downtimeand ensure a fast return to normaloperations so that clients and theircases are not adversely affected.

Ensure regulatory compliance,

not just satisfying the SolicitorsRegulation Authority and Law Societyguidelines, but also meeting industryand government standards such asthose set out by the Financial ServicesAuthority and the Data Protection Act.


4/8

KEEPING YOUR BUSINESS IN BUSINESS


The SolutionTheContinuumprovidesanaffordableBusinessContinuityServicefortheSME








secure server rooms











5/8


4.Testthe

Plan

2.Assess

the

risks


BusinessContinuity

Management

Did you know?TheAssociation of Chartered CertifiedAccountants (ACCA), The InternationalFederation of Accountants (IFAC) andtheInstitute for Chartered AccountantsEngland & Wales (ICAEW) requirebusinesscontinuitymanagement(BCM)

planstobeinplaceforfirmshandling: timecriticalpaymentandpayroll processing;

timeanddatacriticalendofyear submissions;and

up-to-date,accessibleandauditable data.

Principle 7 (Schedule 1)oftheDataProtection Act 1998 (DPA)requiresdata

controllerstotakeappropriatetechnical andorganisationalmeasuresagainst:

unauthorisedorunlawfulprocessing ofpersonaldata;and

accidentallossordestructionof,or damageto,personaldata.

accountancy services







If the average UK accountancyfirm has 30 customers relianton their services what wouldthe impact be of losing allclient accounts and payrolldata, or simply the accessto it, for an undefinedperiod of time?


Safeguard and protect confidentialdata including payroll, accounts etc.

Control and measure client billabletime with maximum availability ofbusiness-critical applications.

Reduce the risk of disruptioncausedby the inability to process payroll andproduce accounts. Ensure the quickestpossible return to normal businessoperations.

Ensure regulatory compliance,

not just satisfying Accountancyregulation, but also meeting industryand government regulations such asthe Financial Services Authority (FSA)and Data Protection Act (DPA).

Issue date: 02/10



6/8


KEEPING YOUR BUSINESS IN BUSINESSThe SolutionTheContinuumprovidesanaffordableBusinessContinuityServicefortheSME








secure server rooms











7/8


4.Testthe

Plan

2.Assess

the

risks


BusinessContinuity

Management

financial services




Attempting to restart your business aftersuch a disruption can, in some cases,take weeks, if not months. The impactfrom this generally results in one ormore of the following situations:




Protect sensitive data includingemails, client records and confidentialcorrespondence.

Ensure regulatory compliance,not just satisfying Financial Servicesregulation but also meeting industryand government regulations/goodpractice standards in other areassuch as data retention and protection.

Respond quickly to downtimeand return to normal operations witha minimal effect on client service.

Did you know?TheFinancial Services Authority(FSA)guidanceonbusinesscontinuitymanagement(BCM)states: afirmshouldhaveinplace appropriatearrangements,having regardtothenature,scaleand

complexityofitsbusiness,toensure thatitcancontinuetofunctionand meetitsregulatoryobligationsin theeventofanunforeseen interruption;and

multiplesystemsrequiresecure androbustplatformsandbackups tocontinuetooperatefrom.

TheFSArecommendsallfinancialorganisationsensuretheyhaveaBCMplaninplaceatastrategiclevel.

UKfinancialauthoritiesHM Treasury,

The Bank of EnglandandtheFSAallrecogniseBCMascrucialandhavesetupasub-grouponresilienceandcontingencyplanningtoco-ordinatetheworkbeingdonebytheauthoritiesandothercollectivebodies.

Todays financial servicesrequire absolute minimaldisruption in order tobe able to process real-

time products andapplications.

Issue date: 02/10


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Documents

When Considering a Business Continuity Plan A