New Toolkit Assists With Statutory Contingency Planning
Ely, England — Jan. 22
As the credit crunch bites and organizations struggle to survive, business continuity and civil contingency risks are dangers that cannot be ignored, and such threats as system failure, viral epidemic, public disorder and supplier collapse represent as serious a business challenge as disrupted cash flow. While all organizations look to cut costs in this climate, a key area for ongoing investment is business continuity planning.
With both the private sector and the government looking for reassurance in this vital area, and so organizations are ready to deal with this kind of threat, being able to meet the requirements of the BS25999 standard is increasingly a must-have. IT Governance understands business compliance needs and, to help businesses meet this challenge quickly and cost-effectively, has launched the “BS25999 BCMS Implementation Toolkit.”
The toolkit is an inexpensive, downloadable business continuity resource to simplify and speed up the goal of ensuring compliance and protecting the business.
While many organizations have some form of continuity arrangements in place, they are usually inadequate to ensure the organization will survive an unexpected business discontinuity. Yet, experience is starting to show that those organizations that follow the guidance contained in BS25999 are much better placed to withstand any such shock. The bad news is that design and implementation of a BS25999 business-continuity system is a time-consuming project. And time is what most organizations don’t have. T
The “BS25999 BCMS Implementation Toolkit” is a unique new set of resources that can help organizations achieve BS25999 certification, the central standard for business continuity management. It contains all the documentation required to implement an effective business continuity program. This will help CEOs demonstrate to partners, customers and stakeholders that the business is safeguarded against any break in the continued supply of the products or services delivered.
“Financial failure, amongst suppliers and customers alike, is, in a downturn, a significantly enhanced risk for most organizations,” warned Alan Calder, chief executive of IT Governance. “This risk should be analysed in detail, early in the down cycle and new or improved controls put in place to mitigate the risks. Those organizations that have an effective and robust corporate governance regime will, of course, already know this and their risk reviews will be well-advanced.
“In the current credit crunch, the last thing you should be doing is cutting costs on your risk and business continuity management activities. Any organization not addressing its information security needs with a formal governance regime is putting its very survival on the line,” he added.