Reference no: EM132767747

DISCUSSION 1:

Business continuity planning (BCP) is the process involved in creating a system of prevention and recovery from potential threats to a company. BCP involves defining all risks that can affect the company's operations, making it an important part of the organization's risk management strategy. Risks may include natural disasters-fire, flood, or weather-related events-and cyber-attacks. Once the risks are identified, the plan should also include how those risks will affect operations. Additionally, there should be safeguards and procedures in place to prevent further damage/future risks. Education and testing procedures should be implemented regularly to ensure that everyone understands their roles and that the plans are up to date with current threats.

DISCUSSION 2:

A Disaster Recovery Plan (DRP) is a subcomponent of the BCP. As the DRP specifically focuses on recovering from an actual disaster, is an important need of the BCP, and should not seek blanketed approaches to methodologies. As the BCP aides in dictating the acceptable outage time, and monetary loss by the organization, the DRP aligns itself with these key requirements and thus dictates items such as secondary sites, equipment requirements, necessary personnel, and data backup/recovery.