Imagine running an IT company that hosts servers for over 200 clients and lightning strikes your office, causing a raging fire. This fire melts your cables, burns your hardware, and destroys your infrastructure beyond repair. This happened to a company in South Carolina. Due to smart business practices, this company had a Business Continuity Plan and Business Impact Analysis already in place. The company had moved client servers to a remote data center and stored continual backups. They moved staff to a temporary office but clients never experienced a disruption.
For an IT company that hosts client servers and data, the destruction of your network infrastructure could cripple your business. The CEO stated that “If we didn’t take continuity of our operations seriously, we wouldn’t be in business right now.”
Make sure you plan for the unpredictable. Let Passpoint’s experienced team help you devise the framework you need to ensure your organization does business at an acceptable level of operation in the event of a disaster or adverse event. The first step will be to conduct a Business Impact Analysis (BIA), which is the key component for any disaster recovery project.
Through the BIA, your organization will be able to identify the key technology, business processes, personnel, resources, and critical service providers and determine which systems are essential to the survival of the organization.
The process of the BIA determines potential impacts, including financial and operational impacts of incidents and disasters that result in loss of facility, people, systems, and service providers.
The BIA identifies interdependencies among information systems and processes. Also, it assesses major risks, and objectives in the event of a business disruption.
You will understand recovery times and Recovery Time Objectives (RTO) for your organization, and Maximum Tolerable Period of Disruption (MTPD).
The information acquired from the BIA identifies business recovery requirements, which are the basis for developing and implementing effective recovery strategies for your organization, and it sets the framework for developing the Business Continuity Plan.
The BIA will define and prioritize recovery strategies and procedures and identify alternate strategies to maintain client services and business operations.
Essentially, this analysis helps you look at your organization’s processes and determine which are most important, gives you insight into your business’s current capabilities and business needs, and uncovers how your organization would be impacted by a disaster.