Risk Management

Business continuity management

Business continuity management: a vital component and solution for organisations operating in the cloud.

Disaster recovery preparedness may be an emerging priority, but organisations are rapidly realising the important role of business continuity in the light of natural disasters such as Japanese tsunami and increasing cyber-attacks, data breaches and data centre failures. Organisations operating within the cloud should not negate the critical importance of business continuity management.

It is vital for organisations to be aware of possible continuity issues when establishing or migrating to the cloud.  The continuity of business for both the vendor and client is imperative and the introduction of cloud computing immediately introduces risks for continuity which is why organisations should assess their business continuity and disaster recovery programmes before heading into the cloud. Organisations should consider putting a replicated cloud in place in the event of disruption of services.

Another interesting perspective is to utilise the cloud as a practical and efficient alternative for managing disaster recovery and business continuity. So rather than using it as a primary solution, a cloud strategy could be used as a business continuity solution.   Cloud computing technology is innovative and continuously evolving, providing organisations with cutting-edge solutions for disaster preparedness.

Cloud computing is a viable option for business continuity management:

· It is a low-cost alternative to offsite back up for small- and medium-sized organisations.

· It avoids the replication of servers, the movement of data and the updating in both locations.

· It is an effective way of maintaining the availability and reliability of data in the event of organisation disruption and organisation only pays for what is used.

· As a proactive measure, if a disaster is looming, an organisation can switch to the cloud, indefinitely.  On recommencement, the organisation can replicate data and resume operations on the main systems.

When considering a cloud solution, organisations should ensure that the vendor who is providing the business continuity management cloud service must have their own house in order. In the ever-evolving technological age, reliance on data, information systems and applications and the hunger for sensational stories of business failure, it is critical for organisations to have a mature and effective business continuity management solution as well as a disaster recovery plan in place.

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